US home building climbs 12.3% in August to 12-year high

September 18, 2019 8:56 am Leave a comment

In this Tuesday, Sept. 3, 2019 photo a sign rests in front of a newly built home on Sept. 3 in Westwood, Massachusetts. The Commerce Department reported on Wednesday that the pace of U.S. home construction jumped 12.3% last month to a 12-year high, pushed by a surge of apartment building. (AP Photo/Steven Senne)

The pace of U.S. home construction jumped 12.3% last month to a 12-year high on a surge in apartment building.

Home construction slips 0.9% to 1.25 million in June

July 17, 2019 1:53 pm Leave a comment

Crews work on an apartment building in Orlando, Florida, on July 17. Applications for building permits, an indication of future construction, fell 6.1% last month to 1.22 million, the lowest since May 2017. (AP Photo/John Raoux)

U.S. home construction slipped last month as an uptick in the building of single-family homes was offset by a big drop in apartment construction.

Tagged with: building permits home construction

US home construction climbed 5.7% in April

May 16, 2019 1:23 pm Leave a comment

U.S. home construction occurred at a faster pace in April, led by an increase in the construction of single-family homes.

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US home construction slips 0.3% in March

April 19, 2019 10:47 am Leave a comment

U.S. home construction slipped by 0.3% in March, as housing starts ran below last year's pace in a sign that inventory could be an obstacle for would-be buyers.

Tagged with: home construction

US home building slides 3.7 percent in April

May 17, 2018 1:02 pm Leave a comment

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

Tagged with: home building home construction residential

Senate committee OKs bill allowing wetland permit exemptions

February 8, 2018 9:32 am Leave a comment

Wisconsin Republicans released more tweaks on Wednesday to their bill that would allow developers to fill state wetlands without permits, defusing opposition from at least two powerful conservation groups.

Tagged with: Ducks Unlimited home construction Jim Steineke Rob Cowles Roger Roth Scott Fitzgerald wetlands Wisconsin Department of Natural Resources

US home construction tumbled 8.2 percent in December

January 18, 2018 8:58 am Leave a comment

Construction continues on a high-rise condominium project on Oct. 2 in Miami. On Thursday, Jan. 18, 2018, the Commerce Department reported on Thursday that the pace of home construction decreased by 8.2 percent in December. (AP Photo/Alan Diaz)

Groundbreakings on new homes fell 8.2 percent in December, and builders ended 2017 by slowing down their construction of single-family houses.

Tagged with: home construction

Strong consumer spending, home construction accelerate economy

April 26, 2013 8:57 am Leave a comment

A worker helps frame a new home under construction March 29 in Matthews, N.C. The U.S. economy accelerated to an annual rate of 2.5 percent in the first quarter behind strong consumer spending and home construction.( AP photo by Chuck Burton)

U.S. economic growth accelerated to an annual rate of 2.5 percent from January through March, buoyed by the strongest consumer spending in more than two years. Government spending fell, though, and tax increases and federal budget cuts could slow growth later this year.

Tagged with: consumer spending economy home construction

October housing construction rises 1 percent in Midwest

November 17, 2010 1:01 pm Leave a comment

By Martin Crutsinger AP Economics Writer Washington — Construction of new homes nationwide fell in October, fresh evidence that the housing industry remains under duress. Construction of new homes and apartments sank 11.7 percent last month to a seasonally adjusted ...

Tagged with: apartments Commerce Department home construction jobs unemployment

Cutting corners can cost homeowners

August 11, 2009 2:13 pm Leave a comment

Susan Buchanan New Orleans CityBusiness New Orleans — If a piece of someone else’s home lands in your yard in the next big hurricane, it may be the result of a “self-builder,” a homeowner who oversaw construction or repair of ...

Tagged with: home construction