US home construction rebounded 4.3% in May after steep declines caused by shutdowns due to the coronavirus.

Tagged with: housing starts

Construction of new homes rose again in November while applications for building permits rose to the highest level in 12 years, both encouraging signs of a rebound in the housing market.

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WASHINGTON — U.S. builders stepped up home construction in May and applied for permits to build single-family homes at the fastest pace in five years. The gains show housing remains a key source of growth for the economy. The overall ...

Tagged with: construction Economy homes housing starts mortgage rates Real Estate real estate news

WASHINGTON — U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from ...

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WASHINGTON — U.S. homebuilders broke the 1 million mark in March for the first time since June 2008. The gain signals continued strength for the housing recovery at the start of the spring buying season. The overall pace of homes ...

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U.S. builders started more homes in February and permits for future construction rose at the fastest pace in 4 ½ years. The increases point to a housing recovery that is gaining strength. The Commerce Department said Tuesday that builders broke ...

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WASHINGTON — U.S. homebuilders began work at a slower pace in January than in December. But all of the drop occurred in the volatile area of apartment construction, which sank 24 percent. By contrast, the rate of single-family homebuilding rose 0.8 ...

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WASHINGTON — U.S. builders broke ground on fewer homes in November after starting work in October at the fastest pace in four years. Superstorm Sandy likely slowed starts in the Northeast. The Commerce Department said Wednesday that builders began construction ...

Tagged with: Economy homes housing market housing starts hurricane sandy Real Estate

WASHINGTON — Home construction is making a long-awaited recovery that could help energize the U.S. economy. From areas like Phoenix that are finally arising from the housing bust to cities like Chicago and Minneapolis where strong economies have lifted demand, ...

Tagged with: builder confidence builders commerce department construction Economy housing starts National Association of Home Builders new homes permit sales single-family homes

WASHINGTON — Americans are buying more homes in every region of the country, the latest indication that the housing market could be on the mend. An increasing portion of those sales are from first-time buyers, who are critical to a ...

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