Housing Starts Fall in March to Weakest Pace Since 2017

Man working on roof of house A worker carries a ladder on the roof of a home under construction in Saratoga Springs, Utah, in March. (George Frey/Bloomberg News

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.

Jeff Kearns | Bloomberg News
April 19, 2019
Government, Business

Housing Starts Sank 5.3% in September

Construction site 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.

Josh Boak | The Associated Press
October 17, 2018

US New Home Sales Climb 6.7% in May

House for sale 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.

Josh Boak | The Associated Press
June 25, 2018

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.

Sho Chandra | Bloomberg News
April 17, 2018
Government, Business

Optimism Among Builders Slides for Fourth Consecutive Month

Construction Worker 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.

Associated Press
April 16, 2018

Housing Starts Cooled in February After Robust January


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.

Katia Dmitrieva | Bloomberg News
March 16, 2018

US Home Prices Surge 6.2%, Outpacing Wage Growth

Home for Sale 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.

Josh Boak | The Associated Press
December 26, 2017

Housing Starts Steady, Permits Rise Ahead of Hurricanes

A house stands surrounded by floodwaters from Hurricane Harvey in this aerial photograph taken above Angleton, Texas, U.S., on Aug. 30, 2017. 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.

Sho Chandra | Bloomberg News
September 19, 2017

Homebuilder Sentiment Declines to an Eight-Month Low

Construction worker 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.

Michelle Jamrisko | Bloomberg News
July 18, 2017

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.

Sho Chandra | Bloomberg News
May 16, 2017