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

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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

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

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

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

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

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

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

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

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

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

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