Low-density suburbs key to housing stock growth: BuildZoom

It’s a no-brainer that new residential construction is the key to slowing home price growth, but how can big coastal cities that have borne the brunt of appreciation make the space for the construction so desperately needed …

New construction strengthens in August BLS jobs report

The July housing market has been deeply impacted by low inventory, which landed a one-two punch on existing-home and pending home sales. But the August 2017 Employment Situation Summary from the Bureau of Labor Statistics (BLS) signaled there may be some help on the way …

What do buyers want more — a bigger house or a bigger yard?

Smaller homes with more outdoor space seem to be all the rage lately as homebuyers are abandoning the motto “bigger is better” when it comes to square footage. According to a consumer survey by Wakefield Research commissioned by residential constructio…

July housing starts take turn for the worse

June’s housing starts report was heralded as “welcome news” by National Association of Realtors (NAR) Chief Economist Lawrence Yun, who said increasing residential construction was the key to lowering home prices. This month, however, housing starts ha…

HUD: New residential construction starts jump 25%

After months of seriously low housing inventory — which has affected affordability throughout the country — it looks like there’s good news for buyers on the horizon …

Chicago residential construction surges in June

As one of the markets taking its time to come out of the housing crash, the light seems to be getting brighter at the end of the tunnel for the Chicago real estate market. According to a recent report released by Dodge & Data Analytics, residential construction in Chicago increased in June and for the first part of the year compared with numbers seen the year prior …

Zero net energy home unveiled in East Bay

San Francisco is known for its eco-friendly infrastructure, but there’s always room for improvements.

PulteGroup recently completed building a new zero net energy home in San Francisco’s East Bay. The prototype is a sign of support California’s goals for complete zero net energy construction in the residential sphere by …

Residential construction in Chicago is booming

According to Dodge Data & Analytics, the total single and multifamily housing construction jumped 33 percent on a year-over-year basis, from $1.17 billion in 2015 to $1.55 billion thus far this year …

Chicagoland residential construction starts increasing

The latest report from Dodge Data & Analytics shows that construction starts in the metropolitan statistical area of Chicago-Naperville-Joliet are up from last year. New residential construction starts in the area totaled $547,996,000. …

Residential construction could indicate consumers returning to market

Based on annual rates, residential construction will account for more than 35 percent of all U.S. construction spending this year …