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New home sales jump 12.4% in November, highest in 7 months
Sales of new single-family homes rose 12.4% in November, the fastest pace in seven months.
Home construction rebounds a strong 11.8% in November
New home construction in the U.S. rebounded 11.8% in November as strong demand continues to boost builder confidence.
Home construction declines 1.6% in September as supply issues persist
U.S. home construction fell 1.6% in September as builders continue to be tripped up by supply chain bottlenecks.
Home construction up 3.9% in August after July drop
U.S. home construction rebounded a better-than-expected 3.9% in August, with the strength coming in apartment construction.
Inflation forces homebuilders to take it slow, raise prices
Even in the hottest U.S. housing market in more than a decade, new home construction has turned into a frustratingly uncertain and costly proposition for many homebuilders.
Home construction drops, but permit applications rise
U.S. home construction fell for a third month in February, but in a hopeful sign, applications for building permits rose to their highest level in four months.
Economists more upbeat about job growth, housing
NEW YORK — A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain […]
Unemployment aid applications stay at 370,000
WASHINGTON — The number of people seeking U.S. unemployment benefits was unchanged last week, suggesting modest but steady gains in the job market. The Labor Department said Thursday that weekly […]
Builders step up spending for fifth straight month
WASHINGTON — Builders increased their spending in December for the fifth consecutive month, ending a weak construction year on a hopeful note. Spending on construction projects rose 1.5 percent in […]
A poor year for home building ends on hopeful note
WASHINGTON — Builders ended 2011 with a third straight year of dismal home construction and the worst on record for single-family home building. But improvement at the end of the […]
Builders spent slightly more in September
WASHINGTON — U.S. builders spent slightly more in September on home construction, partially offsetting losses in public schools, roads and government offices. Construction spending rose 0.2 percent in September from […]
Home building jumps 15 percent in September
WASHINGTON — Homes were built in September at the fastest pace in 17 months, a hopeful sign for the economy. Most of the gain was driven by a surge in […]
