Bloomberg Robust demand for mortgages. Real estate values rising at a solid clip. Construction employment in decent shape. A fresh cycle high for single-family home sales. With all this working in the housing market’s favor, it’s hard to envision why residential outlays took a step back in the June construction spending report, notes Bespoke Investment Group. Private residential spending ...

  Bloomberg As Manhattan developers grapple with how to sell their luxury condos in a slowing market, Billy Macklowe’s Greenwich Village project is an anomaly: He’s found buyers for both penthouses in less than two months. Macklowe, who with Goldman Sachs Group Inc. is planning a 52-unit condo tower at the site of the former Bowlmor Lanes, said the two ...

  Bloomberg You’re a millennial buying your first home. Good work not moving in with your parents or renting a shoebox! But as you make the homeownership leap, you want space: Where can you go, and at what cost? Research released on Wednesday by Trulia looked at the U.S. metro areas with the largest starter homes, measured by median square ...