Economy: Page 89
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Trulia: 'Pessimism is creeping back into the housing market' as down payments hinder ownership
The site predicted that in 2016, the "costly coast" markets in the West and Northeast will cool, but the "bargain belt" of the South and Midwest will boom.
By Kim Slowey • Dec. 7, 2015 -
Construction sector dominates Nov. employment report with 46K jobs added
Construction saw the great job gains of any other industry last month, as the overall economy added 211,000 jobs.
By Emily Peiffer • Dec. 4, 2015 -
Explore the Trendline➔
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TrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
Realtor.com: 10 housing markets to watch in 2016
Surprisingly, San Francisco, Denver and Dallas did not make the list this year, as those markets are expected to experience a slowdown in price appreciation and possible declining sales.
By Kim Slowey • Dec. 3, 2015 -
CoreLogic: Home prices rise 1.0% as threat remains of 'homes becoming unaffordable for many'
The October increase came as a surprise, as CoreLogic had previously predicted prices would slightly fall amid an overall slowdown.
By Emily Peiffer • Dec. 1, 2015 -
Construction spending soars to 8-year-high
Spending has been steadily growing, with October's increase marking the 11th-straight monthly rise.
By Emily Peiffer • Dec. 1, 2015 -
Zillow: 'Deteriorating housing affordability' to define 2016 residential market trends
The real estate research firm predicts the bottom one-third of low-income American workers will be completely priced out of the housing market next year.
By Kim Slowey • Dec. 1, 2015 -
NAR: Pending homes sales barely inch up as 'affordability concerns remain heightened'
The 0.2% gain in October was lower than expected, as economists surveyed by The Wall Street Journal had forecast a 1.5% rise.
By Emily Peiffer • Nov. 30, 2015 -
New home sales skyrocket 10.7% after September's nosedive
October's results should give the industry "some assurance that the housing market remains on solid ground," Reuters said.
By Emily Peiffer • Nov. 25, 2015 -
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 -
Deep Dive
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