Economic

Tables: Housing $ Per Sqft in Major US Metros

Compared to May 2013, the median list price per square foot index rose 7.3 percent last month from $172 to $184. Prices increased in 36 of the 37 markets surveyed.

Tighter Lending More a Factor than Weather in Housing Slowdown

The sharp pullback in home sales, following what, historically speaking, was a fairly modest rise in mortgage rates, suggests that the road to recovery for the housing market will likely be a bit longer and bumpier than previously thought.

After Slow Q1, Employment & Housing Point to Stable Growth

The overall economy slowed at the start of 2014, which took a toll on housing and economic activity. However, this drawdown sets the stage for more stable growth for the rest of 2014.

Map: Is Your Housing Market Back to 'Normal?'

Of the approximately 350 metro markets nationwide, 56 returned to or exceeded their last normal levels of economic and housing activity.

Dow Says Low US Energy Cost Creates Competitive Advantage

Dow Chemical expects Europe's chemical industry to face a competitive disadvantage against U.S. rivals which pay far less for electricity and raw materials.

Stock Leads Sales Surge in Building Material Sector

Overall, the sales data from the publicly traded companies focused on home improvement and building materials shows a trend toward growth.

Crowe: Homebuilders Ramping Up Lot Development Efforts

Developers are working to restart the supply chain of developed lots to meet the expected pent-up demand.

500 CEOs Rank Top & Bottom States for Business

In the 10th annual survey of CEOs concerning their views of the best and worst states for business, over 500 CEOs across the U.S. responded.

 

Potential First-Time Homebuyers Now Outnumber Baby Boomers

There are now more young adults than there are baby boomers as a share of the U.S. population.

New Homes Preferred 2-to-1, but Not at Higher Price

While twice as many American consumers prefer a newly built home compared to an existing dwelling, many are reluctant to pay extra for new, according to the results of a new survey from Trulia.