Economy: Page
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Dodge Momentum Index climbs 4.1% with boost from commercial sector
The bump last month nearly erased September's losses, according to Dodge Data & Analytics.
By Kim Slowey • Nov. 8, 2016 -
ConstructConnect lowers 2016 starts forecast — but raises 2017 projections
While residential underperformed in the third quarter, it is expected to be the driver of growth in the industry.
By Kim Slowey • Nov. 8, 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 -
NYC's 421-a developments now required to offer units to the homeless
Officials said the program targets individuals currently living in homeless shelters who can't afford the city's high housing costs.
By Hallie Busta • Nov. 8, 2016 -
Banks making commercial real estate loans more difficult to secure
The Federal Reserve survey coincides with recent warnings from construction industry experts about tightening standards hindering growth.
By Kim Slowey • Nov. 8, 2016 -
The US housing market is slowly — but surely — returning to normal
The market is running just below its historical normal level while momentum builds for continued growth, according to the National Association of Home Builders.
By Hallie Busta • Nov. 8, 2016 -
NAR forecasts existing home sales to rise 2% in 2017 as gradual growth continues
The category is expected to post its best year in a decade in 2016.
By Hallie Busta • Nov. 7, 2016 -
NAHB endorses 137 Congressional candidates in push to make housing policy a priority
The association criticized Congress for its inattention to residential construction as the country faces a shortage of affordable housing inventory.
By Hallie Busta • Nov. 7, 2016 -
Construction employment climbs to 8-year high as firms add 11K jobs in October
The biggest chunk of job gains came from companies in the nonresidential private sector, which have continued to struggle to find qualified workers.
By Emily Peiffer • Nov. 4, 2016 -
Zillow: Black, Hispanic borrowers twice as likely to be denied mortgages
Throughout the past century, the homeownership gap between white and black households has remained about the same.
By Hallie Busta • Nov. 4, 2016 -
Deep Dive
10 construction-related state ballot initiatives to watch
Right-to-work laws, big bonds, the allocation of infrastructure dollars, legalized marijuana and the country's first carbon tax are all on the table this election.
By Hallie Busta • Nov. 4, 2016 -
Home prices climb in major US metros as inventory stays tight in Q3
The most expensive markets remain in the West, according to the National Association of Realtors' measure of U.S. metro home price growth.
By Hallie Busta • Nov. 4, 2016 -
Boston's Copley Place tower on hold amid luxury apartment surplus, high construction costs
Some see developer Simon Property Group's decision to put the 52-story tower on hold as a sign that the city's high-end residential market is slowing down.
By Kim Slowey • Nov. 3, 2016 -
2015 NYC construction starts surged to $4.6B — the highest level since 2009
The healthcare and school construction sectors buoyed institutional starts in the city last year, according to the New York Building Congress.
By Kim Slowey • Nov. 3, 2016 -
Union-led program brings housing investment to the Rust Belt
The initiative, funded primarily through the AFL-CIO Housing Investment Trust, aims to spur economic activity and improve the housing stock.
By Hallie Busta • Nov. 2, 2016 -
Nonresidential, public sectors drag construction spending down 0.4% in September
However, the Commerce Department's upward revision of previous results offers a more positive overall picture for the industry.
By Emily Peiffer • Nov. 1, 2016 -
Home prices continue to climb in September, as buyers and sellers remain wary
Home values have doubled in last 5 years, according to the latest CoreLogic Home Price Index.
By Hallie Busta • Nov. 1, 2016 -
ABC: Construction unemployment rate improves in 32 states, nationally in September
However, a softening in nonresidential hiring could indicate a slowdown in construction activity ahead.
By Kim Slowey • Nov. 1, 2016 -
NAR: Single women, first-timers show renewed homebuying potential in 2016
Factors including a strong job market and "renter fatigue" are pushing many young adults into the housing market.
By Hallie Busta • Nov. 1, 2016 -
Deep Dive
Is e-commerce taking a 'huge bite' out of the retail construction sector?
While the warehouse segment is booming, construction firms report that brick-and-mortar building and new renovations are slowing as more shoppers buy online.
By Kim Slowey • Nov. 1, 2016 -
ABC: Nonresidential construction made 'lackluster' contribution to GDP in Q3
Even with increased office and hotel building, nonresidential construction has failed to spur growth in the U.S. gross domestic product.
By Kim Slowey • Oct. 31, 2016 -
Redfin: Consumers don't expect home prices to ease anytime soon
High housing prices are making the trade-up process for existing homeowners a challenge.
By Hallie Busta • Oct. 31, 2016 -
Deep Dive
Top 10 real estate trends for 2017
The annual report from the Urban Land Institute and PricewaterhouseCoopers emphasizes the prevalence of new technology and evolving client preferences.
By Emily Peiffer • Oct. 31, 2016 -
Zillow: Renters head to smaller markets — but can supply keep up?
Cities like Nashville, TN, and Raleigh, NC, are seeing an influx of new renters in search of low rents and strong economic activity.
By Hallie Busta • Oct. 28, 2016 -
US homeownership rate inches up in Q3
Of the 1.1 million households formed during the third quarter, more than half were owners.
By Hallie Busta • Oct. 28, 2016 -
Montgomery County Planning Commission
20 hottest housing markets in October
California leads Realtor.com's monthly ranking of the most active real estate markets.
By Hallie Busta • Oct. 28, 2016
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