Economy: Page 75
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GID bags $2.3B in construction financing for NYC's Waterline Square
The major deal comes as construction lending tightens.
By Sean Barry • Dec. 1, 2016 -
NYC officials OK 4 new affordable housing projects
The two largest projects will deliver more than 2,000 affordable and semi-affordable units to gentrifying neighborhoods.
By Sean Barry • Dec. 1, 2016 -
Explore the Trendline➔
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Deep Dive
Why the definition of infrastructure should include public buildings
America's roads and bridges aren't the only projects in need of investment, according to a public opinion survey from the American Institute of Architects.
By Hallie Busta • Dec. 1, 2016 -
Deep Dive
A new twist in the labor shortage: Are infrastructure firms seeking more work than workers?
While the private sector has been plagued with skilled labor shortages, a lack of public works projects has left many contractors in that sector waiting by the phone.
By Kim Slowey • Dec. 1, 2016 -
NAR: Pending home sales inch up in October
Job creation nationwide helped balance the supply-side headwinds of limited inventory and rising prices.
By Hallie Busta • Nov. 30, 2016 -
Alliance Residential Co. brings 2,200 housing units to Houston
Developers are looking to Texas, where demand for residential inventory is strong.
By Sean Barry • Nov. 30, 2016 -
Zillow: Home price growth to slow in 2017
What’s been a seller’s market should soon favor buyers – and, by extension, builders.
By Sean Barry • Nov. 30, 2016 -
Deep Dive
4 trends that will shape the housing market in 2017
Price growth to slow, millennials bet on the Midwest and more takeaways from Realtor.com's 2017 Housing Forecast.
By Hallie Busta • Nov. 30, 2016 -
S&P/Case-Shiller: Home prices climb to record high in September
While the overall index is ahead of the July 2006 peak, prices in many of the largest cities are still off that mark.
By Sean Barry • Nov. 30, 2016 -
NAHB: Single-family built-for-rent claims a small but steady share of housing
However, single-family rental homes took a 35% share as existing homes tend to be turned into rental housing as they age.
By Sean Barry • Nov. 29, 2016 -
15 cities where median incomes can afford homes
Some of the most active housing markets in the country have the biggest disparity between median incomes and the required salary to afford a home there.
By Sean Barry • Nov. 28, 2016 -
JLL forecast: Construction industry headed for a slowdown in late 2017
Companies that embrace technology like drones and BIM will be better situated to deal with volatility in the market, according to the report.
By Kim Slowey • Nov. 28, 2016 -
Report: Affordable housing doesn't lower the value of nearby homes
Home values within 2,000 feet of low-income housing projects are similar to those between 2,000 and 4,000 feet from such projects.
By Sean Barry • Nov. 28, 2016 -
New-home sales take an unexpected dip in October
Falling 1.9% from September, the monthly figure missed analyst expectations as the category's extended recovery continues.
By Hallie Busta • Nov. 23, 2016 -
Zillow: US homeownership rate gears up for a rebound
Builders and lenders are appealing to the growing class of younger, first-time buyers seeking to own homes.
By Sean Barry • Nov. 23, 2016 -
Custom home starts hit a post-recession high
Their share of the overall market is still off the cycle peak, according to an analysis of Census Bureau data by the National Association of Home Builders.
By Sean Barry • Nov. 23, 2016 -
Seattle council OKs $29M affordable housing bond measure
This follows a $290 million levy passed by voters in August, leading some to question whether the additional funds are necessary.
By Sean Barry • Nov. 23, 2016 -
Dodge Data: Construction starts slip 4% in October
The second-consecutive down month signals that building activity is settling back to a normal pace after August starts skyrocketed.
By Kim Slowey • Nov. 23, 2016 -
Existing-home sales approach 10-year high in October
Pent-up demand is slowly being released back into the market.
By Hallie Busta • Nov. 22, 2016 -
Report: Multifamily construction surge to continue through Q2 2017
Supply-side headwinds like tight labor conditions will spread the deliveries over several months.
By Sean Barry • Nov. 22, 2016 -
Student-oriented affordable housing set to rise in Portland, OR
The Amy’s 141 units are expected to be priced at least 15% below market while featuring student-oriented amenities.
By Sean Barry • Nov. 22, 2016 -
NY governor approves another $300M for NYC affordable housing
The move raises the amount of state-allocated bonding authority for the city to $771 million this year, which should contribute 6,000 units.
By Sean Barry • Nov. 22, 2016 -
ABC ranks US states based on 'free enterprise' environment for construction
Louisiana claimed the top spot due to its use of public-private partnerships, success with career and technical education programs and right-to-work legislation.
By Kim Slowey • Nov. 22, 2016 -
NAHB: New single-family homes continue to get smaller
Builders are shifting their focus to include properties targeting price-conscious first-time buyers in their product mix.
By Sean Barry • Nov. 21, 2016 -
Redfin: Home prices climb in October as inventory tightens
There were 6.9% fewer new homes listed in October than there were a year ago as inventory fell for the 13th-consecutive month.
By Sean Barry • Nov. 21, 2016