By ALEX VEIGA AP Business Writer Americans shopping for a home this spring may be faced with more competition than they have been in years. A strong labor market and growing pool of would-be buyers, as more millennials enter their ...

Tagged with: home building home construction new-home construction Residential Construction

Becoming a homeowner is likely to get more costly and difficult over the next decade as millions more Americans enter the age range at which people typically seek to buy their first home.

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U.S. developers broke ground on more houses last month, but the increase occurred entirely in the construction of apartments. The number of new single-family houses built decreased.

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A slowdown in U.S. home sales is weighing on homebuilder stocks.

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U.S. builders broke ground on fewer apartment buildings last month, pushing total home construction down by 3.7 percent from March.

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Construction of new homes fell for a second straight month in April, pushing activity to the lowest point in five months.

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Construction of new homes fell slightly in October after a big surge in the previous month, but the weakness was largely driven by the volatile apartment sector.

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A new analysis by the National Association of Realtors finds that new home construction is not keeping pace with job creation in much of the United States, creating a housing shortage and affordability concerns in some states.

Tagged with: home building homebuilders National Association of Realtors

U.S. home construction surged in April to its highest pace in five months. Almost all that increase came from the volatile apartment sector, a sign that Americans are still struggling to buy single-family homes.

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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.

Tagged with: Drywall home building homebuilders housing market National Association of Home Builders