Homebuilder confidence breaks stagnant trend with 2-point rise in June

All three elements within the NAHB/Wells Fargo HMI increased, with sales expectations for the next six months surging five points.

By Emily Peiffer • June 16, 2016

Report: Global infrastructure faces $350B annual shortfall, but major nations are slashing spending

The McKinsey Global Institute said new infrastructure can serve as a way to "jolt" some struggling economies back into growth.

By Kim Slowey • June 16, 2016

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Top 5 stories from Construction Dive

Construction Dive editors curate some of the industry’s top stories from this year.

By Construction Dive staff

San Antonio, Nashville top Zillow homeownership 'sweet spots' list

The top housing markets on the list have a short "breakeven horizon," as well as rising income and job growth.

By Kim Slowey • June 16, 2016

ABC: Construction material prices continue climbing as cost bump 'had to happen'

May marked the third consecutive month of increases in construction industry inputs in the Producer Price Index.

By Emily Peiffer • June 15, 2016

Plunging oil prices slam the brakes on 35-acre TX mixed-use project

The price drop has resulted in empty office space and plummeting demand for new development in Houston's "Energy Corridor."

By Kim Slowey • June 15, 2016

NAR survey: 71% of potential homebuyers with student debt sidelined from market

Of those who said homeownership was out of reach because of student debt, more than 50% said a home purchase would be delayed by more than five years.

By Kim Slowey • June 14, 2016

NC, VA planning $1B, 213-mile interstate highway

The 20-year project has local, state and federal support, but officials have not yet determined a timeline for construction or a funding plan.

By Kim Slowey • June 13, 2016

NAHB: Number of unfilled construction jobs remains high at 200K

The consistently high figure coincides with a January survery in which builders said their primary concern in 2016 was finding enough skilled workers.

By Kim Slowey • June 13, 2016

5 most overvalued and undervalued US housing markets

Analysts from Fitch Ratings U.S. RMBS group said this valuation of housing markets was largely reliant on each city's job market, according to Forbes.

By Kim Slowey • June 10, 2016

Report: NYC banked $61B in economic benefit from 2015 construction activity

The New York Building Congress also reported that construction in the city last year created more than 300,000 construction and ancillary jobs.

By Kim Slowey • June 8, 2016

Commercial construction planning drives 2.4% rise in Dodge Momentum Index

May's strong uptick in commercial planning made up for a disappointing 3.4% slide in the institutional category.

By Kim Slowey • June 8, 2016

Economic slowdown in Bay Area triggers 'cooling of a desperately overheated' luxury market

A report found the slowdown in San Francisco's startup and IPO market — as well as the area's first employment dip in six years — is starting to hit homeowners.

By Kim Slowey • June 8, 2016

Redfin survey: 27% of homebuyers believe presidential election could hurt housing market

However, the real estate firm noted that regardless of the winner, it is unlikely there would be an immediate impact on the market after the election.

By Kim Slowey • June 8, 2016

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