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Building Industry News

This page lists headlines from the building industry new sources.

The news feeds are updated regularly and are linked to each organization's website. To read an entire story, simply click on the link and a new window will open; after reading, simply close the window and you'll return to this page to continue scanning headlines.

 

 


 

 

    
HousingZone

After 50 consecutive months of annual national appreciation, home prices have risen to within one percent of the 2006 peak.

The U.S. may, or may not, be in the midst of a housing bubble, according to CNBC.

Unfinished flood control projects may have doomed up to one-quarter of the 60,000 homes destroyed in August in the flood that struck Louisiana’s Amite river basin. The projects were begun after a massive flood in 1983, but later abandoned.

To make matters worse, nothing was done to prevent new housing from being built in the path of the old flood, and the population of the area more than doubled between 1980 and 2015.

 

Affording a home in Florida is getting tougher.

Jacksonville, Tampa, and Orlando are among the cities that had the sharpest rises in Real House Price Index over the last year, according to Business Insider. RHPI is a metric that assesses affordability based on median income, interest rates, and inflation.

Thirteen housing markets had increases of RHPI of at least one percent over the last 12 months. Most of the markets are in the South or West.

Vancouver, B.C., recently adopted a new policy requiring zero greenhouse gas emissions on new buildings by 2030. All new buildings will have to be heated, cooled, and powered without any net emissions. Starting now, all new city-owned and Vancouver Affordable Housing Agency projects must meet the high standard. 
    

The quality of the nearby public school system has always been a big factor when choosing a home. It still is: A recent survey indicated that Millennials value local schools almost as much as they do crime rates and commute times.

A Trulia study ranks the most-improved school districts in the 10 biggest U.S. cities over the last five years, factoring in differences in test scores between 2011 and 2015. Districts had to contain four or more schools, and 1,000 or more students to be included in the results. The site also found the median home price in the area.

      
Yahoo! Finance Headlines
[PR Newswire] - RESTON, Va., Aug. 30, 2016 /PRNewswire/ -- Comstock Homes of Washington, LC, a wholly owned subsidiary of Comstock Holding Companies, Inc. (Nasdaq:CHCI) has begun development of TOTTEN MEWS , a new neighborhood ...
[Business Wire] - Comstock Holding Companies, Inc. announced today the closing of the acquisition of the Totten Mews Project, which is being funded by the proceeds from the private placement by Comstock Investors X, L.C., a subsidiary of the Company, of $14.5 million.
      
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