Industry: Construction
News
Sept. 29, 2015
"Home prices in Los Angeles and Orange counties posted strong gains in July, rising 6.1% from a year earlier, according to a closely tracked gauge released Tuesday."
News
Sept. 21, 2015
The U.S. construction industry has lost more than half a million Mexican-born workers since 2007, contributing to a labor shortage that’s likely to drive up home prices, according to a new analysis.
News
Sept. 21, 2015
An estimated 11% more households will pay more than half of their incomes in rent in 2025, according to a new report from Harvard University’s Joint Center for Housing Studies and Enterprise Community Partners, an affordable-housing organization.
News
Sept. 17, 2015
The median sales price for new and existing houses and condominiums was $409,000, down 1.4 percent from a 7 1/2-year high of $415,000 in July but up 4.3 percent from $392,000 in August 2014, according to CoreLogic Inc. It was the 42nd straight month of annual price gains.
News
Sept. 11, 2015
Scant availability of skilled construction workers has hampered home construction at various times in the past few years of recovery. But the shortfall seems to have grown more acute of late, as new-home sales are up 21.2% so far this year from the same period last year and commercial construction has increased steadily.
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