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Tag Archives: homes

Homebuilders pessimistic about housing market

LOS ANGELES — Builders are feeling pessimistic over the housing market’s prospects in the near future. The National Association of Home Builders, a private trade association, says its reading of builder sentiment remained unchanged in December at 16. Readings below ...

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October housing construction falls sharply

WASHINGTON — Construction of new homes fell in October, fresh evidence that the housing industry remains under duress. Construction of new homes and apartments sank 11.7 percent last month to a seasonally adjusted annual rate of 519,000 units, the Commerce ...

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Pace of new home sales second slowest on record

WASHINGTON — New homes sold at the second-slowest pace on record in August, signaling that the housing market will remain a drag on the economy. Last month’s new home sales were unchanged from a month earlier at a seasonally adjusted ...

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