The construction of new homes climbed by 13.7 percent in October, the biggest jump in a year as builders broke ground on more apartments and single-family houses.
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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 ...Read More »
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 ...Read More »
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, ...Read More »