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

New home sales dip 7.6% in August — but still beat predictions

A pullback in sales last month was expected after July had the strongest showing since October 2007. 

By Emily Peiffer • Sept. 26, 2016

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Top 5 stories from Construction Dive

Construction Dive editors curate some of the industry’s top stories from this year.

By Construction Dive staff

Dodge Data: Construction starts skyrocket 21% in August

Large projects within the nonresidential and nonbuilding sectors, as well as a 5% bump in residential, were responsible for last month's strong showing.

By Kim Slowey • Sept. 23, 2016

Realtor.com: Watauga, TX, leads the nation's 'hottest' ZIP codes for housing

Millennials are heading west in search of housing that is affordable and located near major metros.

By Kim Slowey • Sept. 23, 2016

Existing-home sales continue to slow in August, missing analyst expectations

This marks the second-consecutive month of softening sales as housing inventory tightens.

By Hallie Busta • Sept. 22, 2016

Trulia: Housing inventory drops 7% in the third quarter, some regions see growth

The number of available homes on the market fell for the fifth-straight quarter, contributing to continued affordability concerns.

By Kim Slowey • Sept. 22, 2016

Institutional, heavy engineering sectors bring nonresidential starts down 2% in August

Overall new building activity slowed in August, despite significant gains in the commercial category.

By Kim Slowey • Sept. 22, 2016

Reports highlight critical risks for drones, robots in the workforce

Stealing data and destroying equipment are among the concerns around the next wave of construction technology.

By Chris Wood • Sept. 21, 2016

UPS expands 3-D printing services to Singapore, broadening access to on-demand manufacturing

Additive manufacturing services continue to expand, affording AEC firms new opportunities for prototyping and product inventory management.

By Chris Wood • Sept. 21, 2016

ABC: Large-contractor backlog reaches record high of 14 months

The previous project queue record for companies with $100 million or more in annual revenue was 12.5 months.

By Kim Slowey • Sept. 21, 2016

Only 24 states added construction jobs in August as firms struggle to find workers

The AGC is calling on lawmakers to boost funding for technical schools to help ease the tight labor market.

By Kim Slowey • Sept. 21, 2016

Architecture billings contract in August, but project pipeline hints at growth

While design services stalled, sub-indexes tracking project inquiries and design contracts promise a future rise in activity.

By Hallie Busta • Sept. 21, 2016

Housing starts slow to 1.14M rate in August, reflecting recovery pains

Limited lot availability, high labor costs and new regulations are among the factors keeping housing inventory low.

By Hallie Busta • Sept. 20, 2016

Builder confidence jumps 6 points to highest level in nearly a year

The NAHB pointed to tight inventory conditions and strong demand from potential buyers as the drivers behind September's strong HMI score.

By Emily Peiffer • Sept. 19, 2016

HomeUnion: Tampa, FL, tops housing investment 'power rankings'

The real estate investment company compared housing metrics in a football-inspired list of the top U.S. residential rental markets.

By Kim Slowey • Sept. 19, 2016

ABC: Construction material prices fall 0.2% — helping to 'moderate growth' in overall costs

Declining prices in the energy sector and the strengthening U.S. dollar largely contributed to August's dip.

By Emily Peiffer • Sept. 15, 2016

Dodge Momentum Index continues steady climb with 1.3% August bump

In contrast to other reports, Dodge found that neither a sluggish economy nor uncertainty around the upcoming elections seems to be holding developers back from planning large projects.

By Kim Slowey • Sept. 12, 2016

CoreLogic: Home prices increase 1.1% in July

CoreLogic Chief Economist Dr. Frank Nothaft said low mortgage rates and solid job growth will keep pushing prices higher.

By Kim Slowey • Sept. 6, 2016

Caterpillar announces new round of layoffs

These most recent workforce reductions are in addition to the 10,000 outlined in Caterpillar's $1.5 billion savings initiative.

By Kim Slowey • Sept. 6, 2016

Construction industry loses 6K jobs after companies drained the skilled labor pool

Between April and August, the construction industry lost 25,000 net jobs after adding 68,000 between January and March.

By Emily Peiffer • Sept. 2, 2016

Zillow: Confident sellers, uneasy buyers creating 'imbalance' in housing market

Sellers are feeling more optimistic due to rising prices, but many buyers are discouraged by market conditions.

By Kim Slowey • Sept. 2, 2016

Construction spending holds steady in July as nonresidential sector hits all-time high

Stronger spending growth was once again held back by the public sector, which has seen an ongoing pattern of declines. 

By Emily Peiffer • Sept. 1, 2016

3 key takeaways from the latest housing market reports

With new home sales ramping up and existing sales leveling out, residential experts say the market is evolving in its "natural state."

By Emily Peiffer • Sept. 1, 2016

The lingering labor shortage: 69% of construction firms struggling to fill hourly craft positions

The ongoing worker shortage continues to have a negative impact on the industry and the broader U.S. economy, according to the AGC.

By Emily Peiffer • Aug. 31, 2016

NAR: Pending home sales jump 1.3% with 'more home shoppers having success'

However, economists have warned once again that limited inventory is hindering stronger growth in the residential market.

By Emily Peiffer • Aug. 31, 2016