NAR forecast: 2016 to see 'growing appetite for commercial space'

The association predicted the commercial real estate sector will see slightly easier access to credit next year.

By Kim Slowey • Nov. 25, 2015

An unexpected surge: Home prices rise 5.5% in September

San Francisco saw the greatest year-over-year gains, as prices have skyrocketed 11.2% since September 2014.

By Kim Slowey • Nov. 25, 2015

Report: More millennials living with parents in 2015 than during recession

One economist said he believes the significant increase in pent-up demand the housing market is anxiously awaiting likely won't materialize anytime soon. 

By Kim Slowey • Nov. 25, 2015

5 reasons the construction industry should be thankful

We wanted to take a step back and recognize the positive signs in the industry as it continues its path to full recovery.

By Emily Peiffer • Nov. 24, 2015

NAHB: Lending standards relaxing for AD&C loans

Banks are increasing construction lending, but still at a slower pace than before the housing crash.

By Kim Slowey • Nov. 24, 2015

NAR: Existing home sales 'failed to keep up with September's jump'

On the bright side, the share of first-time buyers in October reached 31%, up from 29% in September.

By Emily Peiffer • Nov. 23, 2015

AGC: Construction job growth bounces back in 35 states

"Widespread" gains saw year-over-year employment increases in 45 states and the District of Columbia in October.

By Kim Slowey • Nov. 23, 2015

Zillow: Swelling apartment inventory easing rental rate growth

However, Zillow warns that although the rate of rising rents has slowed, it is still outpacing income nationally.

By Kim Slowey • Nov. 23, 2015

Dodge: Rebound in October construction starts 'alleviates concern about a stalling expansion'

Nonresidential building drove the month's gains, with the sector spiking 32% in October to $200.7 billion.

By Kim Slowey • Nov. 23, 2015

Report: Dominion Energy construction projects to spur $10B in VA economic benefits

The company's investment program over the next six years aims to achieve goals set in the federal Clean Power Plan.

By Kim Slowey • Nov. 19, 2015

Study: Wealthy young households moving to cities to avoid lengthy commutes

The study found a rise in the number of full-time workers with advanced college degrees moving into central business districts, as well as a higher concentration of jobs in those areas suited to those skills.

By Kim Slowey • Nov. 19, 2015

Homebuilder confidence unexpectedly falls, but industry 'sustaining momentum'

The NAHB cited lasting concerns regarding access to available lots and skilled labor as primary drivers of the November dip in optimism.

By Emily Peiffer • Nov. 17, 2015

Study: Rising student debt stifling growth in millennial homeownership

The Harvard Joint Center for Housing Studies study signals that homebuilders can likely expect the student debt "crisis" to continue to keep most young buyers out of the housing market and stuck in the rental sector.

By Kim Slowey • Nov. 17, 2015

CMD: October starts see slight 'pullback' in line with seasonal slowdown

The data firm reported that despite a month-to-month dip, the heavy engineering category overall was up 15% year-to-date and outperformed all other categories.

By Kim Slowey • Nov. 17, 2015

NAR: 2016 housing starts won't keep up with demand

The association's chief economist predicts existing home sales in 2016 will reach 5.45 million, up from an estimated 5.3 million in 2015.

By Kim Slowey • Nov. 16, 2015

ABC: Construction material prices slide to 4-year-low

October marked the fourth consecutive month of declines for construction industry inputs in the Producer Price Index.

By Emily Peiffer • Nov. 13, 2015

CMD: Construction starts to grow 8.4% in 2016

The residential sector will drive stronger expansion, as "pent-up demand for new housing continues to accumulate and will soon need addressing," CMD Chief Economist Alex Carrick said.

By Kim Slowey • Nov. 13, 2015

NAR: Q3 home prices 'slowed to a healthier pace'

That slowdown in price growth is considered good news for the housing market, as high costs have kept some potential buyers away.

By Kim Slowey • Nov. 13, 2015

NAHB: Remodelers suffering severe labor shortages

Remodelers reported the highest level of shortages in finish carpentry, rough carpentry and framing crews.

By Kim Slowey • Nov. 12, 2015

Zillow: Potential buyers unable to 'clear the down payment hurdle' for homeownership

However, buying a home and paying a monthly mortgage is still, on average, significantly less expensive than renting.

By Kim Slowey • Nov. 12, 2015

Are women the answer to the construction labor shortage?

Women represent 50% of the U.S. population, but less than 10% of the construction workforce. How can the industry encourage them to consider a career in the trades?

By Kim Slowey • Nov. 12, 2015

Report: U.S. to drive 85% surge in global construction output by 2030

The coming "global construction renaissance" will help the industry reach a predicted total output of $15.5 trillion worldwide by 2030.

By Kim Slowey • Nov. 11, 2015

Analysts: San Francisco luxury home market 'cooling'

Real estate analysts have said the upper hand in the Bay Area seller and buyer dynamic could finally be shifting to the buyer.

By Kim Slowey • Nov. 10, 2015

Dodge Momentum Index drops 4.8%, erases September gains

Although the institutional building sector has been volatile month-to-month, its performance has been positive overall for 2015. 

By Kim Slowey • Nov. 10, 2015

Construction employment surges to 6-year high after boost of 31K jobs

The number of jobs added in October was more than four times the gains in the previous four months combined.

By Kim Slowey • Nov. 9, 2015