U.S. new-home construction rebounded in November to the best pace since August while permits rose to a seven-month high, a sign homebuilding is potentially stabilizing even as higher prices and borrowing costs pose headwinds.
December 18, 2018home construction
Government, Business
Mike Kane/Bloomberg News
Homebuilder Sentiment Tumbles to Weakest in Three Years
Mike Kane/Bloomberg News
Sentiment among U.S. homebuilders fell in December to the lowest level since 2015, missing all forecasts and signaling that the industry’s struggles are intensifying amid elevated prices and higher borrowing costs.
December 17, 2018
Government, Business
David J. Phillip/Associated Press
Home Construction Rises 1.5% in October
David J. Phillip/Associated Press
U.S. home construction improved 1.5% in October, but in a troubling sign, groundbreakings for single-family houses fell.
November 20, 2018
Business
bauhaus1000/Getty Images
Homebuilders Gauge at Five-Month High Shows Storm Recovery
bauhaus1000/Getty Images
A rebound in homebuilders’ confidence to a five-month high indicates concern over fallout from major hurricanes has been alleviated, according to data Oct. 17 from the National Association of Home Builders/Wells Fargo.
October 17, 2017
Business
Dougall_Photography/Getty Images
Homebuilder Sentiment Reaches Three-Month High in August
Dougall_Photography/Getty Images
Sentiment among American homebuilders unexpectedly increased to a three-month high as builders saw greater prospects for industry demand despite elevated material costs and shortages of labor and lots, according to data Aug. 15 from the National Association of Home Builders/Wells Fargo.
August 15, 2017
Business
Mark Elias/Bloomberg News
Housing Starts Rise as Construction Underpins Economy
Mark Elias/Bloomberg News
New-home construction in the United States climbed in September, a sign residential real estate will bolster the world’s largest economy.
October 20, 2015
Business
uke Sharrett/Bloomberg News
Homebuilder Confidence Reaches Decade High on US Sales Outlook
uke Sharrett/Bloomberg News
Confidence among U.S. homebuilders climbed in October to a 10-year high, a sign demand for housing may remain solid in the months to come.
October 19, 2015Follow Us
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