U.S. builders stepped up home construction in May and applied for permits to build single-family homes at the fastest pace in five years. The gains show housing remains a key source of growth for the economy.

Tagged with: Commerce Department homebuilders housing market single-family homes

Lenders stepped up action last month against homeowners who had fallen behind on their mortgage payments, taking possession of more homes and initiating the foreclosure countdown clock on many others.

Tagged with: foreclosures housing market

The number of Americans who signed contracts to buy homes ticked up in April to the highest level in three years. The increase points to growth in home sales in the coming months.

Tagged with: housing market

Sales of bank-owned homes have plunged to a five-year low, the latest evidence that the nation's foreclosure woes are easing as the U.S. housing market recovery gains momentum.

Tagged with: foreclosures housing market

U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006. A growing number of buyers are bidding on a tight supply of homes, driving prices higher and helping the housing market recover.

Tagged with: home prices housing market

U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from month to month.

Tagged with: builder confidence housing market housing starts

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.

Tagged with: homebuilders housing market National Association of Home Builders

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

U.S. sales of new homes rose in March to a seasonally adjusted annual rate of 417,000. The increase added to evidence of a sustained housing recovery at the start of the spring buying season.

Tagged with: Commerce Department housing market new home sales

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.

Tagged with: homebuilders housing market National Association of Home Builders