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Sales of new single-family homes rose 12.4% in November, the fastest pace in seven months.
Tagged with: home construction housing
Read More »New home sales jump 12.4% in November, highest in 7 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.
Tagged with: home construction Real Estate
Read More »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.
Tagged with: home construction Real Estate
Read More »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.
Tagged with: home construction housing Real Estate
Read More »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.
Tagged with: home construction housing Real Estate
Read More »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.
Tagged with: breaking news Development home construction real estate news
Read More »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 weak. The National Association for Business Economists says in a ...
Tagged with: budget deficit economists Economy gross domestic product growth home construction housing market job market Taxes trade
Read More »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 unemployment aid applications stayed at a seasonally adjusted 370,000, the ...
Tagged with: benefits Economy employees employers growth hiring home construction jobs Labor Department layoffs Unemployment
Read More »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 December after a revised 0.4 percent gain in November, the ...
Tagged with: apartments commerce department construction Development government spending home construction homebuilders sales
Read More »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 year lifted hopes for an eventual recovery. In December, builders ...
Tagged with: builders buyers commerce department construction Foreclosures home construction homes mortgage National Association of Home Builders new homes purchases Recession sellers single-family homes
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