Economy: Page 80
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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 -
AIA: Architectural billings climb despite 'somewhat disappointing' Q1
The rise in the index in March marked the second-straight month of increases in design services.
By Emily Peiffer • April 20, 2016 -
10 'fastest-growing' US neighborhoods
Realtor.com said the neighborhoods on its list have the new home construction necessary to keep pace with strong demand.
By Kim Slowey • April 20, 2016 -
8.8% slide in housing starts warns of potential 'cooling in the housing market'
Single-family construction saw the steepest drop last month, with a 9.2% slide, and multifamily was close behind with an 8.5% decrease.
By Emily Peiffer • April 19, 2016 -
BuildZoom: City's geography contributes to housing availability and price
Most U.S. metros fall into two categories: expansive or expensive, according to BuildZoom.
By Kim Slowey • April 19, 2016 -
Houzz: 2016 renovation industry confidence remains high
The Houzz Renovation Barometer report found that Q1 business activity is similar to the same period in 2015.
By Kim Slowey • April 19, 2016 -
Tesla, Switch jumpstart Reno-area commercial real estate market
Nevada has seen increased commercial real estate activity since announcements of big corporate moves to the area.
By Kim Slowey • April 19, 2016 -
Homebuilder confidence unchanged in April as builders 'remain cautiously optimistic'
The NAHB said the results reinforce the "slow but consistent" path toward recovery for the residential construction industry.
By Emily Peiffer • April 18, 2016 -
Report: Construction pays highest tax rate of any industry
The ABC urged Congress to enact reform and lower the effective tax rate to ensure that the construction industry recovery continues.
By Kim Slowey • April 18, 2016 -
28 states add construction jobs in March as worker shortage persists
The AGC said the continued softening in the energy sector is still driving job losses in the five biggest energy-producing states.
By Kim Slowey • April 18, 2016 -
ABC: Construction confidence slips amid economic uncertainty, labor shortage
However, the report found that contractors are still optimistic about the industry's future, with backlogs continuing to drive growth.
By Kim Slowey • April 15, 2016 -
San Francisco home prices dip for first time in 4 years as buyers are 'fed up with' market
Redfin reported that not only did prices fall in March, but home sales in the Bay Area dove 22.1% year-over-year.
By Kim Slowey • April 15, 2016 -
CMD: Nonresidential construction starts soar 18% in March
All categories showed positive month-to-month increases, with institutional and heavy engineering posting the largest gains.
By Kim Slowey • April 14, 2016 -
Deep Dive
Spring forward: 4 housing market predictions from residential experts
Here's what homebuilders need to know about potential buyers during the busy spring season.
By Kim Slowey • April 14, 2016 -
Zillow: Restrictive land regulations exacerbating tight housing inventory, rising rents
Rents in cities with looser land-use restrictions increased 6.1% over the last five years, but prices in cities with the tightest regulations rose 16.7%.
By Kim Slowey • April 13, 2016 -
10 best cities for first-time homebuyers
Realtor.com said the cities on its list offer millennials relief from high median home prices but still provide solid job growth and many hot-market amenities.
By Kim Slowey • April 12, 2016 -
Plunge in institutional sector drags Dodge Momentum Index down 7%
The past year has seen a volatile up-and-down pattern in the Index, reflecting uneven growth in the economy, according to Dodge Data & Analytics.
By Kim Slowey • April 11, 2016 -
Lack of Generation X homeowners impeding market recovery
Gen Xers had only a 58.5% rate of homeownership in 2015, compared with the typical 65.8% average for that age group, according to The Wall Street Journal.
By Kim Slowey • April 11, 2016 -
Report: Housing bust triggered splintering of remodeling industry
However, firms with more than $1 million in annual revenue still take home 62% of remodeling dollars, according to the Harvard Joint Center for Housing Studies.
By Kim Slowey • April 8, 2016 -
NAR: Vacation home market cools amid heightened demand, lack of inventory
The survey found that although the vacation home market slowed in 2015, investment sales were at their highest level since 2007.
By Kim Slowey • April 7, 2016 -
CoreLogic: Home prices rise 1% as economy, tight inventory 'drive exceptionally strong gains'
February's price gain was higher than the company's prediction last month of a 0.5% rise.
By Kim Slowey • April 6, 2016 -
Report: San Francisco building 'boom' not easing housing crisis
Although new construction in the area is up, most of that activity is targeting the high end of the market, according to The San Francisco Chronicle.
By Kim Slowey • April 4, 2016 -
Construction adds 37K jobs as companies find ways to 'keep pace' with demand
March construction employment reached 6,672,000 — the highest number since December 2008 and 4.7% higher than March 2015, according to the AGC.
By Emily Peiffer • April 1, 2016 -
Construction spending slips 0.5% as nonresidential slide offsets homebuilding gains
On a positive note, overall spending in February was 10.3% higher than February 2015.
By Emily Peiffer • April 1, 2016 -
20 hottest housing markets in March
Realtor.com said median U.S. home prices are still rising, driven by the persistent lack of inventory.
By Kim Slowey • March 31, 2016