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Tag Archives: home builders

Bernanke: Weak housing has hurt consumer spending

WASHINGTON — Ben Bernanke said declines in home prices have forced many Americans to cut back sharply on spending and warned that the trend could continue to weigh on the U.S. economy for years. The Federal Reserve chairman drew the ...

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Home builders agree to settlements with Md. Consumer Protection unit (access required)

The Consumer Protection Division’s Home Builder Registration Unit entered into settlement agreements with 27 home builders who have agreed to pay penalties totaling $26,000 to settle allegations that they operated without being registered, failed to disclose required information to the ...

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Maryland home builders expect another sluggish year in ’12

Maryland home builders expect a sluggish 2012 as joblessness and low consumer confidence have delayed a housing market recovery until at least 2013, according to experts at a forecast event held by the Home Builders Association of Maryland. “We’ve had ...

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Home building jumps in June after dismal spring

WASHINGTON — U.S. builders broke ground on more single-family homes and apartments in June, helping the battered construction industry gain a little life after a dismal spring. The Commerce Department said Tuesday that builders began work on a seasonally adjusted ...

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Builders start more homes but pace still slow

WASHINGTON — Builders broke ground on more new homes in May, but not enough to signal a recovery in the troubled housing market. New-home construction rose 3.5 percent from April to a seasonally adjusted annual rate of 560,000 units per ...

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New-home sales up, but pace remains sluggish

WASHINGTON — More Americans bought new homes in April, but sales remain far below the pace that would represent a healthy housing market. The Commerce Department says new-home sales rose 7.3 percent last month to a seasonally adjusted annual rate ...

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US builders see little to like in housing market

WASHINGTON — U.S. homebuilders are concerned that the struggling housing market won’t recover this year and some feel it may be getting worse. Builders’ outlook for the industry in May was unchanged at 16, the National Association of Home Builders ...

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