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

NAR: Housing market shows 'resilience' in Q1 despite persistent lack of inventory

The median price for existing single-family homes grew in 87% of surveyed markets, with 154 out of 178 metros recording quarter-over-quarter gains.

By Kim Slowey • May 10, 2016

Survey: Commercial real estate execs 'relatively optimistic' about 2016 prospects

The majority of respondents said technology is "revolutionizing" the industry, but a mere 11% considered themselves "leading-edge" in new innovations.

By Kim Slowey • May 10, 2016

Commercial, institutional sectors boost Dodge Momentum Index 0.6%

The April report found that despite institutional building’s month-to-month "roller coaster ride," the sector is currently 7% higher than April 2015.

By Kim Slowey • May 9, 2016

Construction employment stalls as sector adds only 1K jobs in April

The AGC said the month's disappointing job numbers were likely due to increased hiring earlier in the first quarter amid a mild winter.

By Kim Slowey • May 9, 2016

Open Listings refutes reports of San Francisco housing market slowdown

The only market segment to see a slight decline in prices included homes and luxury condos listed at $3 million or higher, according to the real estate site.

By Kim Slowey • May 9, 2016

Study: 'Meager' advancements in construction productivity costing industry billions

The World Economic Forum advised construction companies to adopt Lean practices and embrace technology to avoid further losses in productivity.

By Kim Slowey • May 6, 2016

Survey: One-third of San Francisco residents plan to move amid swelling housing costs

The Bay Area Council found that 33% of millennials and 31% of Gen Xers feel threatened by the cost of living.

By Kim Slowey • May 4, 2016

CMD forecasts 7.4% gain in 2016 nonresidential construction starts

The data company's prediction for the year is now higher than last quarter, as first-quarter starts were stronger than anticipated.

By Kim Slowey • May 4, 2016

Study: Massive Hudson Yards project to add $19B to NYC economy

The 28-acre mixed-use development has created 16% of the city's construction jobs since 2011, according to the report.

By Kim Slowey • May 3, 2016

TX housing inventory plummets to 'all-time low'

Real estate market analysts at Texas A&M found that inventory in the state fell to 2.8 months in March — significantly lower than a balanced market supply.

By Kim Slowey • May 3, 2016

CoreLogic: Home prices climb 2% as housing industry drives economic growth

Price gains continue to outpace estimates, as CoreLogic had previously predicted only a 0.6% rise in March.

By Emily Peiffer • May 3, 2016

Residential sector bolsters 0.3% gain in March construction spending

Gains in residential and nonresidential construction offset the continued drop in the public sector, according to the Commerce Department report.

By Emily Peiffer • May 2, 2016

5 charts that reveal the future of residential construction

During an NAHB webinar, one expert said he expects 2016 to be housing's "best year in a decade."

By Emily Peiffer • May 2, 2016

20 hottest housing markets in April

Realtor.com said that although 550,000 new listings came online in April, the bump wasn't enough to keep up with heightened buyer demand.

By Kim Slowey • April 29, 2016

Gen X back in the housing game despite overall dip in US homeownership

The rise in Generation X homeowners signals good news for the residential industry, as the group was one of the hardest hit by the housing crash.

By Kim Slowey • April 29, 2016

Pending home sales rise 1.4%, but inventory concerns still loom

Overall, March residential construction reports were mixed, as builders remain cautious about the market's momentum and the state of the economy.

By Emily Peiffer • April 27, 2016

Zillow: Entry-level home inventory plummeted 10% in last year

Rising prices and a lack of supply particularly impacts first-time homebuyers struggling to make the switch from renting to owning.

By Kim Slowey • April 27, 2016

March construction starts slip despite 23% surge in nonresidential building

Dodge Data & Analytics said the the dip last month was largely due to a 30% plunge in the nonbuilding sector.

By Kim Slowey • April 27, 2016

New home sales dip 1.5% as builders are 'cautious' about recovery

Despite the slide in March, year-over-year new home sales grew 5.4%.

By Kim Slowey • April 26, 2016

Industrial construction not keeping pace with demand

Of the 175.8 million square feet under construction now, 62.5% is speculative.

By Kim Slowey • April 22, 2016

NAHB: Despite Q1 remodeling index dip, 'acceptable' 2016 growth expected

The NAHB reported that remodelers were fully booked in Q1 but had a decrease in calls and proposal appointments.

By Kim Slowey • April 22, 2016

Goldman Sachs: What labor shortage?

A report contradicts industry associations that say the skilled labor pool is approaching a critical low.

By Kim Slowey • April 21, 2016

Procore offers daily data with launch of Construction Health Indicator

The construction tech startup measures the robustness of current market conditions and provides historical data for context.

By Kim Slowey • April 21, 2016

Existing home sales rebound with 'sturdy' buyer demand

However, the NAR attributed the overall "choppiness in sales activity so far this year" to ongoing concerns of a lack of available inventory and rising prices.

By Emily Peiffer • April 20, 2016