The construction of new homes surged in December to the highest level seen in 13 years, capping a year in which falling mortgage rates and a strong labor market helped lift the prospects of the housing industry.

Tagged with: Residential Construction U.S. Department of Commerce

U.S. construction spending rose by 0.5% in September, boosted by government and private residential projects.

Tagged with: construction spending Residential Construction U.S. Department of Commerce

Sales of new U.S. houses slumped by 7.8% in May, as sales plunged in the pricier Northeastern and Western markets.

Tagged with: home sales U.S. Department of Commerce

U.S. sales of new homes perked up slightly in June, a sign that more would-be buyers are seeking newly built properties.

Tagged with: home sales U.S. Department of Commerce

U.S. construction spending was flat in May as homebuilding slowed again, even as buyers faced climbing prices and a shortage of properties on the market.

Tagged with: construction spending U.S. Department of Commerce

January kicked off the year with an unexpected tumble in housing starts, which may leave some homebuilders scratching their heads after 2015 saw strong demand from new homeowners.

Tagged with: Bill Banfield housing starts Quicken Loans U.S. Department of Commerce Wisconsin Realtors Association