New residential construction

This March 17, 2020 photo shows construction work done on a new home in Mebane, N.C. U.S. housing construction fell 5.1% in August after three months of strong gains as home builders mounted a rebound following a pandemic-induced shutdown in March and April. (AP Photo/Gerry Broome)
November 18, 2020 - 9:32 am

Home Construction Up 4.9% In October To 1.53 Million

CHARLOTTE, N.C. (AP) — Home construction rose 4.9% in October as home building remains as one of the bright spots of the economy. The increase pushed home construction to a seasonally adjusted annual rate of 1.53 million homes and apartments and followed a more modest gain of 1.9% in September...
Read More
A "sold" sign sits on a lot as new home construction continues in Westfield, Ind., Friday, Sept. 25, 2020. U.S. home construction rose a solid 1.9% in September after having fallen in August as home building remains one of the bright spots for the economy. (AP Photo/Michael Conroy)
October 20, 2020 - 6:23 am

Us Home Construction Up 1.9% In September To 1.4 Million

WASHINGTON (AP) — U.S. home construction rose a solid 1.9% in September after having fallen in the previous month, as home building continues as one of the bright spots of the economy. The increase last month pushed home construction to a seasonally adjusted annual rate of 1.42 million homes and...
Read More
Workers toil on a multifamily dwelling Tuesday, Aug. 4, 2020, in Winter Park, Colo. The Commerce Department reported Tuesday, Aug. 18, construction of new U.S. homes surged 22.6% last month as homebuilders continued to bounce back from the coronavirus pandemic. (AP Photo/David Zalubowski)
September 17, 2020 - 5:47 am

Us Home Construction Falls 5.1% In August After Gains

WASHINGTON (AP) — U.S. housing construction fell 5.1% in August after three months of strong gains as home builders mounted a rebound following a pandemic-induced shutdown in March and April. The Commerce Department reported Thursday that new homes were started at a seasonally adjusted annual pace...
Read More
Workers toil on a multifamily dwelling Tuesday, Aug. 4, 2020, in Winter Park, Colo. The Commerce Department reported Tuesday, Aug. 18, construction of new U.S. homes surged 22.6% last month as homebuilders continued to bounce back from the coronavirus pandemic. (AP Photo/David Zalubowski)
August 18, 2020 - 5:45 am

Us Home Construction Surges 22.6%, Third Straight Increase

WASHINGTON (AP) — Construction of new U.S. homes surged 22.6% last month as homebuilders bounced back from a lull induced by the coronavirus pandemic. The Department reported Tuesday that new homes were started an annual pace of nearly 1.5 million in July, highest since February and well above what...
Read More
In this March 25, 2020, photo, a construction worker walks along a roof on a new home in Nashville, Tenn. US home construction rebounded 4.3% in May after steep declines caused by shutdowns due to the coronavirus. The Commerce Department reported Wednesday, June 17, that new homes were started at a seasonally adjusted annual rate of 974,000 last month after steep declines in April and March.(AP Photo/Mark Humphrey)
July 17, 2020 - 6:52 am

June Home Construction Jumps 17.3% When States Reopened

SILVER SPRING, Md. (AP) — Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring's massive slowdown in building activity due to the coronavirus outbreak. The Commerce Department reported Friday that new homes were started at a...
Read More
FILE - In this April 2, 2020 file photo, roofers work on removing and placing new shingles in Warren, Mich. U.S. home-building activity collapsed in March as the coronavirus spread, with housing starts tumbling 22.3% from a month ago. The Commerce Department said Thursday, April 16, that ground breakings occurred last month at a seasonally adjusted annual rate of 1.2 million units, down from a 1.56 million pace in February. (AP Photo/Paul Sancya, File)
June 17, 2020 - 6:38 am

Us Home Construction Rebounds 4.3% In May

WASHINGTON (AP) — US home construction rebounded 4.3% in May after steep declines caused by shutdowns due to the coronavirus. The Commerce Department reported Wednesday that new homes were started at a seasonally adjusted annual rate of 974,000 last month after steep declines in April and March...
Read More
In this March 18, 2020 photo, Construction continues at a housing plan in Zelienople, Pa., The housing market has stalled, but homebuilder stocks are up sharply amid signs that sales are starting to improve. Still, the outlook for a housing market recovery remains cloudy, given uncertainty over the pandemic's impact. (AP Photo/Keith Srakocic)
May 21, 2020 - 1:32 pm

Homebuilders Climb Even As Housing Outlook Remains Cloudy

LOS ANGELES (AP) — The U.S. economy and housing market had set homebuilders up for a strong 2020. That was before the efforts to stem the spread of the coronavirus pandemic knocked the economy into a skid, dimmed consumer confidence and left a record number of Americans unemployed. The housing...
Read More
A construction crew loads dirt on a building site, Monday, May 18, 2020 in East Greenwich, N.J. (AP Photo/Matt Slocum)
Associated Press
May 19, 2020 - 6:30 am

US Home Construction Drops 30.2% In April As Virus Rages

WASHINGTON (AP) — U.S. home building plunged in April to the lowest level in five years, taken down by the economic fallout from the coronavirus pandemic. The Commerce Department said Tuesday that ground breakings plummeted 30.2% last month to a seasonally adjusted annual rate of 891,000. That is...
Read More
FILE - In this Sept. 3, 2019, file photo a for sale sign, left, rests in front of a newly constructed home, in Norwood, Mass. On Wednesday, Feb. 19, 2020, the Commerce Department reports on U.S. home construction in January. (AP Photo/Steven Senne, File)
Associated Press
February 19, 2020 - 6:03 am

US Home Construction Dips 3.6% In January

WASHINGTON (AP) — Construction of new homes edged back slightly in January after a December surge that had pushed home construction to the highest level in 13 years. The Commerce Department reported Wednesday that builders started construction on 1.57 million homes at a seasonally adjusted annual...
Read More
FILE - This April 13, 2019, file photo, shows homes in suburban Salt Lake City. Americans shopping for a home this spring may face more competition than they have in years. (AP Photo/Rick Bowmer, File)
February 13, 2020 - 11:01 am

Buyers Face More Competition Amid Shortage Of Home Listings

LOS ANGELES (AP) — Americans shopping for a home this spring may face more competition than they have in years. A strong labor market and growing pool of would-be buyers as more millennials enter their 30s is expected to fuel demand for homes at a time when the inventory of properties for sale is...
Read More

Pages