
Construction down, hiring up, experts puzzled
By Roland Murphy | AZBEX Construction industry vicissitudes continue to leave pundits, experts and those who cover them scratching their heads. Last month, we asked

By Roland Murphy | AZBEX Construction industry vicissitudes continue to leave pundits, experts and those who cover them scratching their heads. Last month, we asked

By Na Zhao | NAHB The 2016 Survey of Construction (SOC) from the Census Bureau shows that the average completion time of a single-family house is around 7.5 months,

San Tan Valley Sentinel QUEEN CREEK — Construction will soon commence on a road project that is intended to help commuters while paving the way

By Catherine Reagor | The Republic Construction workers in Arizona should ask for a raise, if they haven’t already. The state and metro Phoenix don’t have enough

By Roland Murphy | AZBEX Arizona’s seasonally adjusted unemployment rate held in July at 5.1 percent, according to the latest report published by the Arizona Office of Economic

By Robert Dietz | NAHB According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, townhouse construction starts

Double-digit drops in both groundbreakings and permitting for apartment properties brought these metrics down overall, according to federal data released Wednesday By Paul Bubny |

Residential building permits, seen as a signal the amount of construction is in the pipeline, fell 4.1% U.S. housing starts fell last month, driven by

AZRE Back in the depths of the Great Recession, Maricopa was in the national spotlight for all the wrong reasons, including being dubbed “A Paradise

By Rebekah Morris | AZBEX We’ve all read the headlines about what the construction labor shortage is doing to the industry. From blanket statements of

By Angela Gonzales | Phoenix Business Journal Grand Canyon Education Inc. (Nasdaq: LOPE) is planning $400 million worth of construction projects to expand its Grand

Alex Carrick | ConstructConnect ConstructConnect announced that June construction starts, excluding residential activity, fell -13.7 percent versus May. The usual May-to-June change, due to seasonality,

By David McGlothlin | AZBigMedia Over the last 10 years, innovations in technology have disrupted many of the industries across the world allowing for improved efficiency, savings
Arizona construction was up by 400 jobs. Year-over-year construction has added 10,500 jobs, for a statewide total of 139,600. The construction sector features three major

(See where Arizona ranked) By AZRE September not seasonally adjusted (NSA) construction unemployment rates improved in 32 states and the nation on a year-over-year basis,

The increase in the National Association of Home Builders index is a sign of rising demand for newly built homes By Ben Leubsdorf and Jeffrey

By Mike Sunnucks | Phoenix Business Journal Phoenix gained the fourth most construction jobs among U.S. metro areas over the last year. Arizona’s unemployment rate

By Clare Trapasso | realtor.com Sales of newly constructed homes spiked in April as buyers, spooked by the lack of properties on the market and

Clare Trapasso | realtor.com Desperate house hunters, whose patience and bank accounts have been stretched pretty thin by the sheer lack of homes on the

By Angela Gonzales | Phoenix Business Journal Grand Canyon Education Inc. (Nasdaq: LOPE) plans to spend $180 million in construction projects this year, but that

Arizona ranks 14th for its construction unemployment rate AZRE Unusually mild weather in much of the country continued into the first part of January, but

By Craig Harris | The Arizona Republic The Arizona Diamondbacks are threatening to sue Maricopa County and leave downtown Phoenix if the team isn’t provided

New applications for building permits, a bellwether for forthcoming construction, fell 3.1% By Anna Louise Sussman and Chris Kirkham | The Wall Street Journal Home

By Clare Trapasso | realtor.com The number of new homes going up rose in February 2016, but the number of new permits were down, according

By Les Bowen | Prescott Valley Tribune In a time when other communities are still seeing a sluggish rebound in residential development, town officials in

Reuters The amount of outstanding U.S. mortgages for multifamily homes rose to $1.06 trillion in 2015, up 10.4 percent from a year earlier, which was

By Anna Louie Sussman | The Wall Street Journal A gauge of homebuilder sentiment held steady in March, a sign the U.S. housing market could
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By Hailey Mensiik | Phoenix Business Journal Microsoft spent over $130 million for a 100-acre site in Goodyear in a deal that closed May 29,

By Gail Kalinoski | Multi-Housing News The Hampton Group has secured $141 million in construction financing for the development IKONIC Scottsdale, a 14-story, 245-unit luxury

By Jakob Thorington | Yellow Sheet Gov. Katie Hobbs will soon act on a bill that would allow people with nonviolent felony convictions to reduce