U.S. construction drops for first time in five months
U.S. construction spending fell by the largest amount in a year in July, largely because consumers stopped commissioning home...
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New home sales inch up in October
Sales of new homes rose in October, but remained at historically weak levels, according to a report released today by the U.S. Department of Commerce. Sales activity gained 1.3 percent over September and 8.9...
Multi-family building drives gains in U.S. housing permits and starts
While housing construction is slow now, a new report provides some hope for the struggling construction industry. Building permits...
Housing completions at all-time low but permits and construction rise
U.S. housing completions are on pace to shatter last year’s record low, as completions in March reached a seasonally...
U.S. home prices, sales slide in 2010
U.S. home prices saw a 1.6 percent quarter-over-quarter decline in 2010, according to Clear Capital’s monthly Home Data Index Market Report, released today. But despite the negative quarterly price change, the national index shows...
U.S. construction spending hits 10-year low
Construction spending fell nationwide for the third month in a row in July 2010, this time to its lowest level in 10 years, according to a report released today by the U.S. Department of...
Builders rush to meet tax credit deadline
U.S. builders are on a tight deadline to finish houses by the end of June so purchasers can get the federal tax credit of as much as $8,000, Bloomberg news reported. “We have people...
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