building permits - Articles

Housing Permits Breach 1 Million Mark, Highest in 5½ Years

Paul Sakuma/AP By Lucia Mutikani WASHINGTON -- Permits for future U.S. home construction rose to their highest level in nearly 5½ years in October, suggesting the housing market recovery remained intact despite recent signs of slowing down. The Commerce Department said Tuesday building permits jumped 6.2 percent... Continue Reading »

Housing Starts Drop but Building Permits Soar

By Martin Crutsinger WASHINGTON -- 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. And applications for new construction reached a five-year... Continue Reading »

U.S. Housing Starts Rise, Permits at 4 1/2-Year High

By Christopher S. Rugaber WASHINGTON -- U.S. builders started more houses and apartments in February and obtained permits for future construction at the fastest pace in 4½ years. The increases point to a housing recovery that is gaining strength. The Commerce Department said Tuesday that builders broke ground on... Continue Reading »

September's Home Price Rise Shows Biggest Gain in 6 Years, CoreLogic Reports

By Christopher S. Rugaber WASHINGTON -- A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006. The gain reported by CoreLogic offered more evidence of a sustainable housing recovery. The real estate data provider also said Tuesday that... Continue Reading »

Home Prices Rise in August: Sign of Steady Housing Recovery

By Christopher S. Rugaber WASHINGTON -- Home prices rose in August in nearly all U.S. cities, and many of the markets hit hardest during the crisis are starting to show sustained gains. The increases are the latest evidence of a steady housing recovery. The Standard & Poor's/Case Shiller index reported Tuesday that... Continue Reading »

Home Sales: Rise Reflects Steady Improvement

By Christopher S. Rugaber WASHINGTON -- Americans bought more homes in July than in June, the latest evidence that the housing market is slowly, but steadily, improving. Sales of previously occupied homes rose to a seasonally adjusted annual rate of 4.47 million in July, a 2.3 percent increase from the previous month's... Continue Reading »

Most Building Permit Requests in Over 3 Years

By Martin Crutsinger WASHINGTON -- U.S. builders started work on more single-family homes in May and requested the most permits to build homes and apartments in 3½ years. The increase suggests that the housing market is slowly recovering even as other areas of the economy have weakened. The Commerce Department... Continue Reading »

Housing Starts Perk Up in March

The housing market has finally begun to emerge from the winter doldrums, but still trails behind year-ago levels, when the home buyer tax credit was still in effect. Housing starts and permits for future home construction issued in March were higher than expected, according to data released by the Commerce Department... Continue Reading »

Las Vegas Housing Starts Surge While New Homes Stand Vacant

Builders are in the process of putting up 1,100 new homes in Las Vegas. Does that mean it's good time to gamble on a new home in one of the nation's most depressed housing markets? Probably not. Las Vegas has been one of the hardest-hit residential real estate markets of the past two years. More than 9,000 new homes are... Continue Reading »

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