Economy: Page
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Blackstone Group's Invitation Homes files IPO
The Dallas-based company expects to raise $7.5 billion through the sale of $1.5 billion in shares.
By Sean Barry • Dec. 5, 2016 -
Related Midwest snags $240M construction loan for Chicago tower
Despite a tight construction lending environment, some major projects are still managing to bag jumbo loans.
By Sean Barry • Dec. 5, 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 -
Construction adds 19K jobs, reaches highest employment level since November 2008
Residential payrolls continue to grow while losses in heavy civil and engineering signal that infrastructure firms are struggling to find work.
By Emily Peiffer • Dec. 2, 2016 -
The top 10 housing markets for 2017
West Coast cities continue to lead as prices and sales there are expected to remain high amid a national slowdown, according to Realtor.com.
By Sean Barry • Dec. 2, 2016 -
Construction spending surges 0.5% in October with public sector boost
The Commerce Department also revised spending figures for August and September significantly higher than initially reported.
By Emily Peiffer • Dec. 1, 2016 -
NAHB: Residential construction lending continues to climb in Q3
An easing in lending and a pickup in the loan base is boosting activity despite tight inventory conditions.
By Sean Barry • Dec. 1, 2016 -
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 -
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 -
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 -
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 -
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 -
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 -
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