Construction Archive

REALTORS® Median Expected Price Change in Next 12 Months, By State, Based on April–June 2016 Surveys

In the monthly REALTORS® Confidence Index Survey (RCI), the National Association of REALTORS® asks members “In the neighborhood or area where you make most of your sales, what are your expectations for residential property prices over the next year?”...

Retail Availability Declines as Employment Advances

U.S. macroeconomic momentum declined during the fourth quarter of 2015, buffeted by global economic slowdown and financial volatility. Based on the second estimate from the Bureau of Economic Analysis, real gross domestic product (GDP) rose at an annual rate...

Illusive Single-Family Construction

By Ken Fears, Director of Housing Finance and Regional Economics, and LaShawn Skeete, Research Intern Summary: Supply constraints persist Construction has not kept pace with long-term demand Prices are likely to continue to rise in markets with inadequate supply...

Demand in REALTORS® Commercial Markets Outpaces Construction in Q2.2015

Commercial space is heavily concentrated in large buildings, but large buildings are a relatively small number of the overall stock of commercial buildings. Based on Energy Information Administration data approximately 72 percent of commercial buildings are less than 10,000...

Latest Housing Starts

The latest data on housing starts suggests the construction of new apartments is now well above historical trends.  On the other side of the coin, the construction of condominiums and single-family homes continues to be well below historical trends. ...