Economy: Page 76
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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 -
S&P/Case-Shiller: Home price growth slows in June with 5.1% year-over-year gain
Month-to-month price movement suggests that extreme price hikes might be easing in many major housing markets, including San Francisco.
By Kim Slowey • Aug. 31, 2016 -
Explore the Trendline➔
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 -
Zillow: July marks 48th consecutive month of home value gains
Although values have increased consistently since 2012, they are still 4.7% below their April 2007 peak.
By Kim Slowey • Aug. 29, 2016 -
20 hottest housing markets in August
Realtor.com reported that this month has seen the fastest sales rate in 10 years.
By Kim Slowey • Aug. 26, 2016 -
Affordability tops the list of homebuyer concerns — especially with millennials
In Redfin's survey of first-time buyers, rising rental rates were the primary driver behind their decision to make the jump from renting to owning.
By Kim Slowey • Aug. 26, 2016 -
Existing home sales tumble 3% as tight inventory is 'stifling the efforts' of potential buyers
NAR officials said last month's unexpectedly steep drop in sales affirms their warnings of low inventory hindering growth in the market.
By Emily Peiffer • Aug. 24, 2016 -
July new home sales skyrocket to highest level in nearly 9 years
The 12.4% surge last month signals that there will be "sustained momentum" from buyers, as housing reports this month have been unexpectedly strong.
By Emily Peiffer • Aug. 23, 2016 -
Dodge Data: Construction starts down 2% in July with plunge in electric utility sector
Public works and electric utilities have "skewed" the year-to-date figures, despite a respectable showing in the nonresidential and residential sectors.
By Kim Slowey • Aug. 22, 2016 -
AGC: Only 23 states add jobs in July as labor shortage rages on
Last month's job numbers indicate that companies in booming areas are struggling to find workers, while firms in other areas are having difficulty simply finding work.
By Kim Slowey • Aug. 22, 2016 -
Cooling Miami luxury condo market stalls Related Group project
Presales for the 298-unit building have not yet reached the company's target of two-thirds, a level that would normally trigger a construction go-ahead.
By Kim Slowey • Aug. 19, 2016 -
Commercial, institutional sectors drag nonresidential construction starts down 5.4%
July's dip in starts defied the traditional pattern of a slight gain before the seasonal slowdown starting in August.
By Kim Slowey • Aug. 19, 2016 -
ABC: Construction industry contributed nearly 4% to 2015 GDP
The building industry in 30 states saw increased contributions to total gross domestic product last year, while six states saw declines.
By Kim Slowey • Aug. 18, 2016 -
Architectural billings decline as election uncertainty creates 'higher levels of volatility' in the industry
The AIA expects builders and developers to put more projects on hold until after the November election.
By Emily Peiffer • Aug. 17, 2016 -
Housing starts surge 2% in July to highest level in 5 months
Single-family and multifamily construction increased last month, as July starts far surpassed economist predictions.
By Emily Peiffer • Aug. 16, 2016 -
Housing advocates looking to next president to accelerate residential recovery
Some industry experts told The Hill that the Obama administration has not done enough to allow for a full recovery from the housing crash.
By Kim Slowey • Aug. 16, 2016 -
Builder confidence up 2 points as positive economic forces 'keep housing on an upward path'
The NAHB pointed to strong new home sales numbers and housing starts as the primary drivers behind the bump in optimism this month.
By Emily Peiffer • Aug. 15, 2016 -
ABC: Construction material prices stabilize after 4 months of increases
The unchanged figure in July comes as good news for construction firms that had been stymied by rising material and labor costs.
By Emily Peiffer • Aug. 12, 2016 -
Report: Apartment construction soars to 10-year high
Texas is dominating new construction in the apartment market, with four of its metros on pace to account for 22% of all units completed this year.
By Kim Slowey • Aug. 12, 2016 -
WSJ: 'Lopsided' housing recovery creating permanent renter class
Home prices rose again in Q2, pushing homeownership out of renters' reach and resulting in 200,000 to 300,000 fewer households buying a home each year.
By Kim Slowey • Aug. 11, 2016 -
Zillow: Midwest housing markets in store for migration surge as businesses look for cheaper locations
"Sooner or later workers will follow the jobs, providing an impulse to local housing markets," Zillow's chief economist said.
By Kim Slowey • Aug. 11, 2016 -
Equipment rental industry revenue on pace to reach $57B by 2020
Although the American Rental Association's 2016 revenue projections are slightly down, the ARA said the five-year forecast still represents steady growth.
By Kim Slowey • Aug. 11, 2016 -
Redfin: US luxury housing market sending mixed messages
The impacts of Brexit and Treasury Department investigations into money laundering and real estate could be playing into the lack of cohesiveness in the market.
By Kim Slowey • Aug. 9, 2016 -
UK construction industry braces for recession on heels of Brexit
Architects and construction firms are seeing a surge in project delays and resulting layoffs, as developers wait for the full impact of the Brexit decision to unfold.
By Kim Slowey • Aug. 9, 2016 -
10 best cities for renters to leap into homeownership
With the exception of Ogden, UT, all the metros on the NAR list are in the more affordable Southern and Midwestern markets.
By Kim Slowey • Aug. 8, 2016 -
Construction adds 14K jobs as employers boost wages, weekly hours amid labor shortage
July saw the lowest rate of construction unemployment since 2000 as "the shortage of experienced workers is growing ever more acute," the AGC said.
By Kim Slowey • Aug. 8, 2016