Economy: Page 90
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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 -
Explore the Trendline➔
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TrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
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 -
Deep Dive
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 -
Deep Dive
3 economist predictions for construction industry growth in 2016
Chief economists for the NAHB, ABC and AIA offer mostly optimistic views for the coming year.
By Emily Peiffer • Nov. 9, 2015 -
Will strong jobs report prompt a December Federal Reserve interest rate hike?
Homebuilders are keeping a close eye on interest rates, as some fear an increase would deter potential buyers from making the move from renting to owning.
By Emily Peiffer • Nov. 6, 2015 -
NAR: Share of first-time homebuyers drops to near 3-decade low
College loans and rising rents are preventing younger people from saving money for a down payment.
By Kim Slowey • Nov. 6, 2015 -
ENR: Top 600 specialty subcontractor revenue surges in 2014 to $93B
Specialty subs are enjoying high revenues and 18-month backlogs of work.
By Kim Slowey • Nov. 5, 2015 -
CoreLogic: Home price growth slows, but risks remain
Economists for CoreLogic cautioned that the current pattern of home prices has led to more markets becoming "overvalued."
By Emily Peiffer • Nov. 3, 2015 -
Realtor.com: Stable month for housing market shows 'boring can be good'
The real estate site found the residential market saw little change in October, other than the standard seasonal decline in demand and inventory.
By Kim Slowey • Nov. 3, 2015 -
Deep Dive
Inside the Dodge 2016 Construction Outlook: Institutional, manufacturing & public works predictions
In the second of two parts, we take a look at the more volatile sectors of Dodge's report.
By Emily Peiffer • Nov. 3, 2015 -
Construction spending rises 0.6% with strong multifamily gains
September's increase marks the 10th-straight monthly rise in spending.
By Emily Peiffer • Nov. 2, 2015 -
Deep Dive
Inside the Dodge 2016 Construction Outlook: Commercial & residential predictions
In the first of two parts, we take a look at which sectors are expected to see the strongest growth next year.
By Emily Peiffer • Nov. 2, 2015 -
NYC to break $40B in construction spending
"The residential sector, in particular, is on a run that is nothing short of epic," NYBC President Richard T. Anderson said.
By Kim Slowey • Oct. 30, 2015 -
Pending home sales dip as buyers take 'wait-and-see approach'
NAR economists attributed September's 2.3% decline to limited inventory, especially for lower-income and first-time buyers, as well as stock market volatility.
By Emily Peiffer • Oct. 29, 2015 -
Federal Reserve leaves interest rates unchanged — again
While homebuilders are keeping a close eye on a rate hike, which would affect mortgages, most analysts don't expect a bump until March.
By Emily Peiffer • Oct. 28, 2015 -
Condos drive 5.1% rise in year-over-year home prices
San Francisco, Denver, and Portland, OR, saw the greatest price gains, according to S&P/Case-Shiller.
By Kim Slowey • Oct. 28, 2015 -
Homeownership rate defies predictions, inches up to 63.7% in Q3
The Census Bureau report is a positive sign that some renters decided to take the plunge into ownership during the last quarter.
By Emily Peiffer • Oct. 27, 2015 -
Zillow: Apple employees driving up Bay Area home prices
Other cities, like Seattle and Austin, TX, are also seeing tech industry growth, but available land and looser zoning regulations have kept them from extreme price increases like those in the Bay Area.
By Kim Slowey • Oct. 27, 2015 -
New home sales nosedive 11.5% as market segment 'could be cooling'
Economists have attributed the drop in new home sales to "muted" wage gains, which hinder potential buyers from saving for a down payment.
By Emily Peiffer • Oct. 26, 2015 -
NAHB economists: Housing starts to reach 1.2M by 2017
The predicted increase in starts is due to pent-up demand for inventory and job growth.
By Kim Slowey • Oct. 26, 2015