U.S. new-home construction unexpectedly fell in March, decelerating to the slowest pace since May 2017 and suggesting builders remain wary even as lower mortgage rates and steady wage gains offer support to consumers.
April 19, 2019housing
Business
A worker carries a ladder on the roof of a home under construction in Saratoga Springs, Utah, in March. (George Frey/Bloomberg News
Housing Starts Fall in March to Weakest Pace Since 2017
A worker carries a ladder on the roof of a home under construction in Saratoga Springs, Utah, in March. (George Frey/Bloomberg News
Government, Business
David Zalubowski/Associated Press
Housing Starts Sank 5.3% in September
David Zalubowski/Associated Press
WASHINGTON — U.S. home construction fell 5.3% in September, a sign that recent hurricanes and rising mortgage rates may be weighing on the market.
October 17, 2018
Government
Patrick Fallon/Bloomberg News
US New Home Sales Climb 6.7% in May
Patrick Fallon/Bloomberg News
WASHINGTON — Sales of new U.S. homes jumped 6.7% in May, with purchases in the South accounting for all of the monthly gains.
June 25, 2018
Business
Luke Sharrett/Bloomberg News
Housing Starts Top Forecasts on Multifamily Construction
Luke Sharrett/Bloomberg News
New-home construction rose by more than forecast in March on a rebound in multifamily starts, giving a boost to first-quarter economic growth, government figures showed April 17.
April 17, 2018
Government, Business
Getty Images
Optimism Among Builders Slides for Fourth Consecutive Month
Getty Images
NEW YORK — Homebuilder confidence slid for the fourth consecutive month with steadily rising mortgage rates and sky-high home prices putting ownership out of reach for more Americans.
April 16, 2018
Business
annajasinski/Flickr
Housing Starts Cooled in February After Robust January
annajasinski/Flickr
U.S. new-home construction cooled by more than expected in February on a reversal in the volatile multifamily category, while building remained on pace to contribute to economic growth this quarter, government figures showed March 16.
March 16, 2018
Business
Daniel Acker/Bloomberg News
US Home Prices Surge 6.2%, Outpacing Wage Growth
Daniel Acker/Bloomberg News
U.S. home prices climbed a robust 6.2 percent from a year ago, amid strong demand from would-be buyers and a shrinking supply of properties for sale.
December 26, 2017
Business
Andrew Harrer/Bloomberg News
Housing Starts Steady, Permits Rise Ahead of Hurricanes
Andrew Harrer/Bloomberg News
Steady U.S. new-home construction in August together with a jump in permits indicate the housing market was moving ahead before a likely temporary hit from Hurricanes Harvey and Irma, government figures showed Sept. 19.
September 19, 2017
Business
Allen J. Schaben/Los Angeles Times/TNS
Homebuilder Sentiment Declines to an Eight-Month Low
Allen J. Schaben/Los Angeles Times/TNS
Sentiment among American homebuilders deteriorated to an eight-month low in July on concerns about higher material costs, according to July 18 data from the National Association of Home Builders/Wells Fargo.
July 18, 2017
Business
David Paul Morris/Bloomberg News
Drops in US Housing Starts, Permits Show Sector Weakness
David Paul Morris/Bloomberg News
Unexpected declines in U.S. new-home construction and building permits in April indicate the market is off to a weak start this quarter, government data showed May 16.
May 16, 2017Pages
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