Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over the next six months in more than six years.
The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help. And he would — if he could hire enough qualified people.
Wisconsin’s new home market is expected to start picking up across the state after years after slow business for homebuilders.
U.S. homebuilders broke the 1 million mark in March, the highest level since June 2008. The gain signals continued strength for the housing recovery at the start of the spring buying season.
U.S. homebuilders are concerned that limited land and rising costs for building materials and labor will slow sales in the short term.
As desperate as unemployed Americans are to find work, there still are some jobs that many never would consider applying for because they are seen as too dirty, too demanding or just plain unappealing.
Confidence among U.S. homebuilders slipped this month from the 6-½ year high it reached in January, with many builders reporting less traffic by prospective customers before the critical spring home-buying season.
Confidence among U.S. homebuilders held steady in January at the highest level in nearly seven years, but builders are feeling slightly less optimistic about their prospects for sales over the next six months.
Americans bought new homes last month at the fastest pace in more than 2-1/2 years, further evidence of a sustained housing recovery.
U.S. builders increased their spending on construction projects in October by the largest amount in five months, led by a surge in housing.