Economy: Page 76
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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 -
Explore the Trendline➔
Permission granted by Associated General Contractors of America
TrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
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 -
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 -
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 -
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 -
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 -
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