US builders start most new homes since Oct. 2008

Published: July 18, 2012
Tags: apartments, builder confidence, Commerce Department, home starts, National Association of Home Builders, new homes, single-family homes

U.S. builders broke ground on the most new homes and apartments in nearly four years last month, the latest evidence of a slow housing recovery.

US new-home sales off 7 percent in March

Published: April 24, 2012
Tags: Commerce Department, new home sales, new homes

Sales of new homes fell in March by the largest amount in more than a year, indicating that the U.S. housing market remains under strain despite some modest signs of improvement.

US builders request most permits since ’08

Published: March 20, 2012
Tags: builders, building permits, new homes

U.S. builders began laying the ground work for a turnaround in the housing market later this year by requesting the most building permits in any month since October 2008.

2011 goes down as worst ever for home sales

Published: January 26, 2012
Tags: Commerce Department, National Association of Home Builders, new home sales, new homes

Fewer people bought new homes in December, making 2011 the worst sales year on record.

Construction of new homes plummeted in April

Published: May 17, 2011
Tags: building permits, National Association of Home Builders, new homes

By 
DEREK KRAVITZ AP Real Estate Writer WASHINGTON (AP) — Construction of new homes plummeted in April, dragged down by a major drop in apartment building. Builders broke ground on 10.6 percent fewer new homes last month. The seasonally adjusted rate fell to 523,000 homes per year, the Commerce Department said Tuesday. That’s less than [...]

Buyers turn their backs on new homes

Published: March 23, 2011
Tags: foreclosures, new home sales, new homes

By Derek Kravitz AP Business Writer Washington — A new home, the dream of many would-be buyers, makes less and less financial sense in many places. A wave of foreclosures has driven down the cost of previously occupied homes and made them even more of a comparative bargain. By contrast, new homes have become more [...]

Sand man

Published: February 10, 2011
Tags: Belle Chasse, Enrique Rojas, Ideal Homes, Muskego, new homes

Builders take a beating: 2010 ends as 2nd worst year for home construction

Published: January 19, 2011
Tags: BMO Capital Markets, Commerce Department, new homes, new-home construction

By 
MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Builders began work last year on the second fewest number of homes in more than half a century, as the weak economy kept people from buying houses. Builders broke ground on a total of 587,600 homes in 2010, just barely better than the 554,000 started in [...]

New home construction rises, building permits drop

Published: May 18, 2010
Tags: building permits, Commerce Department, Fed, Federal Reserve, inflation, Labor Department, new homes

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Wholesale prices fell in April, reflecting declines in energy and food, while construction of new homes rose more than expected. But a drop in building permits, a gauge of future activity, along with the expiration of a government tax credit for home purchases suggest the construction [...]

Housing construction drops 5.9 percent in February

Published: March 16, 2010
Tags: Commerce Department, foreclosures, homebuilders, new homes, permits

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Housing construction fell in February as winter blizzards held down activity in the Northeast and South. The decline highlighted the challenges facing builders as they struggle to emerge from the worst housing slump in decades. The Commerce Department said Tuesday that construction of new homes and [...]