Economy: Page 74
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Zillow: Millennial homebuyers aren't so different after all
While they, too, want a home in the 'burbs, this group is more diverse than previous generations and often asks friends, family and the internet for advice on their housing decisions.
By Hallie Busta • Oct. 19, 2016 -
Dodge Data: Construction starts dip 2% in September
A slowdown in multifamily and public works construction, along with volatility in the utility plants sector, contributed to last month's decline.
By Kim Slowey • Oct. 19, 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 -
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 -
Builder confidence dips in October but remains on solid ground
Lot and labor shortages continue to impact builders, while future sales projections and low mortgage rates buoy activity.
By Hallie Busta • Oct. 18, 2016 -
Deep Dive
Bring on the millennials: How the housing market is gearing up for the next generation of homebuyers
It’s no secret that there’s ample pent-up demand among aspiring homeowners. The question is where and how that demand will be realized.
By Hallie Busta • Oct. 17, 2016 -
Labor shortages expected to delay Hurricane Matthew repairs, renovations
The construction industry’s talent shortage could impact the speed and cost of such projects this time around.
By Hallie Busta • Oct. 17, 2016 -
Why Hispanic homebuyers are key to the housing market's recovery
The group poised to lead Americans in homeownership is struggling to access credit.
By Hallie Busta • Oct. 17, 2016 -
US lumber group warns of potential action against Canada amid trade standoff
The U.S. Lumber Coalition claims that Canada's wood industry has "unfairly" subsidized its U.S. lumber sales.
By Kim Slowey • Oct. 14, 2016 -
ABC: Contractor confidence slips as labor shortage, price hikes plague firms
Despite projected dips in sales and profit, contractors said they still anticipate increases in staffing.
By Kim Slowey • Oct. 14, 2016 -
The most — and least — expensive housing markets in the US
West Coast metros lead in price while the Rust Belt shows potential in recovering markets like Detroit, Cleveland and Buffalo, NY.
By Stacey Freed • Oct. 14, 2016 -
Zillow: West Coast rents to rise the most nationally in the next year
Prices are expected to soften eventually as apartment construction booms across the country.
By Stacey Freed • Oct. 13, 2016 -
Lower Manhattan is missing out on nearly $200M annually in young professional spending
Typically single and without childcare costs, this group has money to burn — and they're looking outside the neighborhood for places to spend it.
By Kim Slowey • Oct. 12, 2016 -
Pew: Jobs requiring physical labor haven't changed much
Still, more than half of workers said that continuing education is necessary as industries adapt to new technology, outsourcing and streamlined workflows.
By Kim Slowey • Oct. 11, 2016 -
Dodge Momentum Index falls 4.3% in September
Volatility returns to the nonresidential construction index after five straight months of gains.
By Kim Slowey • Oct. 11, 2016 -
BLS: Construction added 23K jobs in September
Despite the hefty increase, industry groups claim that contractors are combating skilled-worker shortages.
By Kim Slowey • Oct. 10, 2016 -
LendingTree: Student debt continues to keep millennials out of the housing market
Many are concerned that they won't be able to afford a down payment.
By Kim Slowey • Oct. 7, 2016 -
ADP: Construction adds 11,000 jobs in September
The gains make up for about the same number of losses over the past few months as construction employment stalls amid tight labor conditions.
By Kim Slowey • Oct. 7, 2016 -
Ex-Goldman exec holds fourth-largest stock of single-family homes, raising money for more
With foreclosure inventories dwindling, he'll have to try his hand on the open market.
By Kim Slowey • Oct. 6, 2016 -
CoreLogic: Home price growth triggering 'affordability crisis' in US markets
Single-family home values are up 1.1% month to month and 6.2% year over year, but a slowdown in price growth could be on the horizon.
By Hallie Busta • Oct. 4, 2016 -
TX dominates list of top regions for construction employment opportunities
Construction employment grew at almost double the rate of the national average across all sectors from 2012 to 2015, according to ABODO.
By Kim Slowey • Oct. 4, 2016 -
Construction spending unexpectedly tumbles 0.7% in August
Despite low interest rates and a strengthening economy, stronger spending growth has failed to materialize.
By Emily Peiffer • Oct. 3, 2016 -
20 hottest housing markets in September
Limited housing inventory coupled with rising demand is continuing to push prices skyward, according to Realtor.com.
By Kim Slowey • Oct. 3, 2016 -
Booming housing prices raise bubble fears — but economists don't expect a collapse
However, S&P/Case-Shiller noted that the current rapid rate of home value appreciation is not sustainable for the long-term.
By Kim Slowey • Sept. 29, 2016 -
NAR: Pending home sales fall 2.4% in August amid inventory concerns
The report wraps up an otherwise-encouraging month of housing and construction data.
By Hallie Busta • Sept. 29, 2016 -
Bloomberg: Declining heavy truck sales foretell potential weakness in overall US economy
The ups and downs of large equipment manufacturers like Caterpillar are considered bellwethers of future economic activity.
By Kim Slowey • Sept. 29, 2016