Economy: Page 73
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New home sales rise 3.1% in September while inventory tightens
Uncertainty as to the direction of the housing market's recovery continues.
By Hallie Busta • Oct. 26, 2016 -
S&P/Case-Shiller: Home prices near record high in August
The continuous climb is putting prices close to their 2006 peak, but economists say a bubble situation isn't likely.
By Hallie Busta • Oct. 26, 2016 -
Explore the Trendlineâž”
sandsun via Getty ImagesTrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Zillow: High prices, tight inventory mean more 'fixer-upper' homes on the market
More than half of homebuyers today purchase a property requiring renovations.
By Hallie Busta • Oct. 26, 2016 -
Local group boosts women's presence in MA construction industry
The percentage of women in construction has remained low, despite a major need for more workers in the industry.
By Kim Slowey • Oct. 26, 2016 -
Caterpillar cuts 2016 forecast amid declining revenues, weak demand
The equipment giant is carrying out a multiyear cost-cutting effort as well as a leadership shakeup.
By Kim Slowey • Oct. 26, 2016 -
Amateria1121 [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons
FHFA: West Coast markets lead home-price increases
Prices are up nationwide, but inventory concerns and population growth are pushing up this region in particular.
By Hallie Busta • Oct. 26, 2016 -
Housing, office demand to drive NYC construction spending to $128B by 2018
Increased construction activity must be balanced by policy changes around budgeting and project delivery, the New York Building Congress said.
By Kim Slowey • Oct. 26, 2016 -
Investors betting big on post-election infrastructure spending
Experts say that funding for the nation's roads and bridges is ripe for a boost.
By Kim Slowey • Oct. 25, 2016 -
San Francisco leads Bankrate list of top cities for building wealth
Does a high salary count more than homeownership when trying to build equity?
By Hallie Busta • Oct. 25, 2016 -
These 10 US housing markets are flying under the radar
Realtor.com eliminated metros with high unemployment rates to find the areas where homebuyers can find a deal.
By Hallie Busta • Oct. 25, 2016 -
Deep Dive
Inside the Dodge 2017 Construction Outlook: Institutional, manufacturing and public works predictions
In Part 2 of our coverage of the major report, we look at how one sector's extreme volatility is holding the industry back from stronger growth.
By Emily Peiffer • Oct. 24, 2016 -
Deep Dive
Inside the Dodge 2017 Construction Outlook: Commercial and residential predictions
Is the construction industry reaching the end of its growth cycle, or is it simply entering the next phase of recovery?
By Emily Peiffer • Oct. 24, 2016 -
AGC: Only 21 states and DC added construction jobs in September
A shortage of skilled laborers continues to plague the industry as companies turn to streamlined workflows and longer hours to make up the difference.
By Kim Slowey • Oct. 24, 2016 -
Single-family rentals still a good bet for investors in recovering market
Despite seeing the lowest returns since 2007, investors are eyeing the category as homeownership struggles to take off.
By Hallie Busta • Oct. 24, 2016 -
Zillow: Home values appreciate at fastest rate in 2 years
Prices rose 5.5% year over year in September amid tight inventory conditions.
By Hallie Busta • Oct. 24, 2016 -
Redfin: Modest price gains could ease entry for new buyers
The real estate website reported steady growth in home sales.
By Hallie Busta • Oct. 24, 2016 -
NAHB: Q3 Remodeling Index gains 4 points as homeowners seek upgrades
However, the costs associated with ongoing skilled labor shortages are threatening remodelers' margins.
By Hallie Busta • Oct. 21, 2016 -
Lennar grows multigenerational housing footprint with Tucson, AZ development
One in five U.S. residents lived in a multigenerational household in 2014, and builders are looking to capitalize on that market.
By Hallie Busta • Oct. 21, 2016 -
Existing-home sales bounce back in September, driven by first-time buyers
New buyers accounted for the largest share of sales in four years, while home prices continue to climb.
By Hallie Busta • Oct. 20, 2016 -
Survey: More than half of house hunters are first-time buyers
Most prefer single-family detached houses, according to Realtor.com.
By Hallie Busta • Oct. 20, 2016 -
KB Home continues to cut inventory, will shed 2,000-plus lots
Most of the parcels are in the Southwestern U.S.
By Hallie Busta • Oct. 20, 2016 -
LGI buckles down on entry-level as market shifts to target first-time buyers
Builders are looking to the burgeoning first-time buyer segment as new construction comes back online.
By Hallie Busta • Oct. 20, 2016 -
NAR: 5 trends driving the last 35 years of housing in the US
The association looks back on the industry's past and ahead to what's next for a new class of homebuyers.
By Hallie Busta • Oct. 19, 2016 -
Housing starts slump in September, falling 9% to 1.05M rate
An anticipated slowdown in multifamily construction puts the onus on single-family to drive future growth.
By Hallie Busta • Oct. 19, 2016 -
AIA: Declining architecture billings 'a warning signal' for design, construction
September marked the first time since mid-2012 that the Architecture Billings Index saw two consecutive months of falling demand for design services.
By Emily Peiffer • Oct. 19, 2016