CoreLogic: Low mortgage rates, tight inventory propel 1.8% hike in home prices

However, experts predict increased new construction activity and rising rates will slow down price appreciation in the coming months.

By Emily Peiffer • June 7, 2016

Construction loses 15K jobs as labor shortage begins to 'undermine' industry's growth

May's steep decline coincided with predictions that construction companies are running out of qualified workers to hire, according to the AGC.

By Emily Peiffer • June 3, 2016

Top 10 cities for millennial homebuyers

Despite low mortgage rates, robust job numbers and rising incomes, millennials still have a relatively low homeownership rate, according to the NAR.

By Kim Slowey • June 3, 2016

April construction spending plummets 1.8% as all sectors tumble

Last month's spending slide marks the largest dip in five years and contradicts recent positive economic reports.

By Emily Peiffer • June 1, 2016

S&P/Case-Shiller: Tight inventory drives unexpectedly strong gains in March home prices

Portland, OR, had the highest year-over-year home price increase at 12.3%, with Seattle coming in second at 10.8%.

By Kim Slowey • June 1, 2016

20 hottest housing markets in May

Realtor.com reported that median list prices will likely reach $250,000 by the end of May — the highest price since it began tracking the statistic.

By Kim Slowey • May 27, 2016

Pending home sales wallop expectations, climb to 10-year high

April's 5.1% rise was due largely to the strong job market and possibility of rising rents and mortgages, according to the NAR.

By Emily Peiffer • May 26, 2016

Hillary Clinton promises push for $275B infrastructure plan in first 100 days

The candidate said that if elected, her program would be "as big — in fact bigger in some ways — than what President Eisenhower did" with the interstate highway initiative.

By Kim Slowey • May 26, 2016

Zillow: Shrinking inventory drives unexpected 5% gain in home prices

The real estate site said the lack of new construction means "the struggle will continue" for buyers trying to find available homes.

By Kim Slowey • May 25, 2016

New home sales soar 16.6% in April to 8-year high

The results demolished expectations, as economists surveyed by Bloomberg predicted only a 2.4% gain.

By Emily Peiffer • May 24, 2016

Only 23 states add construction jobs in April after early spring hiring bump

Economists are optimistic about future demand in the industry, but the ongoing worker shortage continues to stymie employers.

By Kim Slowey • May 23, 2016

Housing market 'slowly building momentum' with 1.7% bump in existing home sales

In positive news for homebuilders, the NAR reported the share of first-time buyers grew to 32%, up from 30% in March.

By Emily Peiffer • May 20, 2016

Construction starts tumble 8% with declines in residential, commercial sectors

Dodge Data & Analytics Chief Economist Robert Murray said month-to-month volatility in the value of construction starts was "not a surprise."

By Emily Peiffer • May 19, 2016

Zillow survey: 'Polarizing' policies of Trump, Sanders would harm the housing market

Economists said that more "centrist" presidential candidates would have the most positive effect on housing and the overall U.S. economy.

By Kim Slowey • May 19, 2016

TN launches Go Build construction workforce development initiative

State officials joined industry groups in their efforts to change public misconceptions about careers in the trades and combat the worker shortage.

By Emily Peiffer • May 19, 2016

AIA: Architectural billings slip amid volatile business conditions

However, the index remained in positive territory for the third consecutive month, largely due to a rise in design contracts.

By Emily Peiffer • May 18, 2016

Residential recovery 'finding traction' with 6.6% boost in April housing starts

Multifamily construction continued to beat expectations, rising 10.7% last month.

By Emily Peiffer • May 17, 2016

Builder confidence holds steady in May as housing 'remains in positive territory'

The Housing Market Index has remained unchanged for four consecutive months, with rising regulations contributing to the lack of growth, according to the NAHB.

By Emily Peiffer • May 16, 2016

Report: Developers 'reluctant' to construct new office buildings on spec

High construction costs and low land availability are causing builders to wait out the market in hopes of higher rents.

By Kim Slowey • May 16, 2016

Construction material prices up 0.5%, but story of inexpensive inputs 'will continue to be told'

ABC's chief economist said that despite the second consecutive month of price growth, construction professionals shouldn't fear a steady price climb.

By Emily Peiffer • May 13, 2016

NAR: Existing home sales poised for 10-year high; 'sluggish' housing starts impede recovery

During an event Thursday, NAR Chief Economist Lawrence Yun and Sen. Elizabeth Warren addressed government reforms that could trigger stronger growth in the housing market.

By Emily Peiffer • May 13, 2016

JLL: Multifamily has $35B quarter, pullback ahead

"Suburban, garden-style" apartments are the most popular multifamily investment option.

By Kim Slowey • May 12, 2016

NAHB: Unfilled construction jobs reach post-crash high of 210K

The high number of open positions is a good sign for future hiring but also means that companies could have trouble down the road finding skilled workers.

By Kim Slowey • May 12, 2016

NYC residential permits skyrocketed 180% in 2015

Residential construction was hottest in Brooklyn, which claimed 46% of permitted units last year.

By Kim Slowey • May 11, 2016

Denver building boom accelerating as new construction reaches $2.5B

Officials urged developers to keep housing affordability, workforce development and transportation challenges in mind so that they can be "part of the solution."

By Kim Slowey • May 11, 2016