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New condos scarce in most of he U.S.

Condo development scarce outside Miami, New York

Residential condominium development is robust in such cities as Miami and New York, but in the rest of the...

Condo development scarce outside Miami, New York
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Applications to build single-family homes hit U.S. 5-year high

From the New York site: Applications to build single-family homes reached a five-year high nationally last month, according to...

Applications to build single-family homes hit U.S. 5-year high
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U.S. construction spending boosted by residential building in May

Construction spending continued its ascent in May, according to a report released today by the U.S. Commerce Department. Firms...

U.S. construction spending boosted by residential building in May
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U.S. homeownership rate is lowest since 1997

The U.S. homeownership rate continued its descent in the first quarter and fell to its lowest level since the...

U.S. homeownership rate is lowest since 1997
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Nationwide single-family home sales reach lowest point since October

Based on last months’ new homes sales data, the housing recovery is still on shaky ground. According to the...

Nationwide single-family home sales reach lowest point since October
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Lennar posts surprise first-quarter profit

Even as new U.S. home sales plunged to a record low in February, home builder Lennar Corp. posted an unexpected profit for the three months that ended Feb. 28 thanks to cost-cutting measures and...

Lennar posts surprise first-quarter profit
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Rise in October new home sales brings more good news for builders

In another sign that the home building industry is beginning to rebound, sales of new single-family homes were up...

Rise in October new home sales brings more good news for builders
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