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Homebuilder sentiment index dips to lowest level since June

By ALEX VEIGA AP Real Estate Writer LOS ANGELES (AP) — Even a holiday gift from Uncle Sam couldn’t brighten the homebuilders’ outlook in December. The National Association of Home Builders said Tuesday its housing market index fell by one ...

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Weak home building a drag on economic recovery (10:59 a.m. 11/18/09)

By ALAN ZIBEL and MARTIN CRUTSINGER AP Business Writers WASHINGTON (AP) — The budding economic recovery is getting little help from the home building industry, which normally creates jobs and boosts growth as a recession ends. Construction of homes unexpectedly ...

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