Economy: Page
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PulteGroup: What millennials want when buying a home
Hint: Much the same as previous generations, according to a survey of the homebuying behavior of older millennials with above-average incomes.
By Hallie Busta • Oct. 28, 2016 -
NAR: Strong demand in South, West drives pending home sales up 1.5% in September
Tight inventory conditions remain a challenge to stronger growth in the housing market.
By Hallie Busta • Oct. 27, 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 -
Redfin: Housing demand hits 3-year high in September
However, tight inventory must loosen to maintain the current rate of sales.
By Hallie Busta • Oct. 27, 2016 -
Where do home utilities cost the most?
As housing prices continue to climb, other costs related to homeownership carry greater weight for purchasing decisions.
By Hallie Busta • Oct. 27, 2016 -
McKinsey report spells out potential solutions for CA's housing affordability problem
Half of households in the state can't afford the cost of housing in their local market.
By Hallie Busta • Oct. 27, 2016 -
New home sales rise 3.1% in September while inventory tightens
Uncertainty as to the direction of the housing market's recovery continues.
By Hallie Busta • Oct. 26, 2016 -
Caterpillar cuts 2016 forecast amid declining revenues, weak demand
The equipment giant is carrying out a multiyear cost-cutting effort as well as a leadership shakeup.
By Kim Slowey • Oct. 26, 2016 -
Local group boosts women's presence in MA construction industry
The percentage of women in construction has remained low, despite a major need for more workers in the industry.
By Kim Slowey • Oct. 26, 2016 -
Housing, office demand to drive NYC construction spending to $128B by 2018
Increased construction activity must be balanced by policy changes around budgeting and project delivery, the New York Building Congress said.
By Kim Slowey • Oct. 26, 2016 -
Zillow: High prices, tight inventory mean more 'fixer-upper' homes on the market
More than half of homebuyers today purchase a property requiring renovations.
By Hallie Busta • Oct. 26, 2016 -
S&P/Case-Shiller: Home prices near record high in August
The continuous climb is putting prices close to their 2006 peak, but economists say a bubble situation isn't likely.
By Hallie Busta • Oct. 26, 2016 -
Amateria1121 [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons
FHFA: West Coast markets lead home-price increases
Prices are up nationwide, but inventory concerns and population growth are pushing up this region in particular.
By Hallie Busta • Oct. 26, 2016 -
Investors betting big on post-election infrastructure spending
Experts say that funding for the nation's roads and bridges is ripe for a boost.
By Kim Slowey • Oct. 25, 2016 -
San Francisco leads Bankrate list of top cities for building wealth
Does a high salary count more than homeownership when trying to build equity?
By Hallie Busta • Oct. 25, 2016 -
These 10 US housing markets are flying under the radar
Realtor.com eliminated metros with high unemployment rates to find the areas where homebuyers can find a deal.
By Hallie Busta • Oct. 25, 2016 -
Deep Dive
Inside the Dodge 2017 Construction Outlook: Institutional, manufacturing and public works predictions
In Part 2 of our coverage of the major report, we look at how one sector's extreme volatility is holding the industry back from stronger growth.
By Emily Peiffer • Oct. 24, 2016 -
Redfin: Modest price gains could ease entry for new buyers
The real estate website reported steady growth in home sales.
By Hallie Busta • Oct. 24, 2016 -
Single-family rentals still a good bet for investors in recovering market
Despite seeing the lowest returns since 2007, investors are eyeing the category as homeownership struggles to take off.
By Hallie Busta • Oct. 24, 2016 -
Zillow: Home values appreciate at fastest rate in 2 years
Prices rose 5.5% year over year in September amid tight inventory conditions.
By Hallie Busta • Oct. 24, 2016 -
AGC: Only 21 states and DC added construction jobs in September
A shortage of skilled laborers continues to plague the industry as companies turn to streamlined workflows and longer hours to make up the difference.
By Kim Slowey • Oct. 24, 2016 -
Deep Dive
Inside the Dodge 2017 Construction Outlook: Commercial and residential predictions
Is the construction industry reaching the end of its growth cycle, or is it simply entering the next phase of recovery?
By Emily Peiffer • Oct. 24, 2016 -
Lennar grows multigenerational housing footprint with Tucson, AZ development
One in five U.S. residents lived in a multigenerational household in 2014, and builders are looking to capitalize on that market.
By Hallie Busta • Oct. 21, 2016 -
NAHB: Q3 Remodeling Index gains 4 points as homeowners seek upgrades
However, the costs associated with ongoing skilled labor shortages are threatening remodelers' margins.
By Hallie Busta • Oct. 21, 2016 -
Existing-home sales bounce back in September, driven by first-time buyers
New buyers accounted for the largest share of sales in four years, while home prices continue to climb.
By Hallie Busta • Oct. 20, 2016 -
Survey: More than half of house hunters are first-time buyers
Most prefer single-family detached houses, according to Realtor.com.
By Hallie Busta • Oct. 20, 2016