Posts with tag home builders

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 »

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 »

WASHINGTON -- Construction of single-family homes cooled off slightly in January after surging in the final month last year. But a rise in permits suggests that builders are growing more confident that more buyers are ready to come off the sidelines. The Commerce Department said Thursday that builders broke ground on a... Continue Reading »

WASHINGTON -- Fewer people bought new homes in December. The decline made 2011 the worst year for new homes sales on records dating back nearly half a century. The Commerce Department said Thursday that new-home sales fell 2.2 percent last month to a seasonally adjusted annual pace of 307,000. The pace is less than half... Continue Reading »

WASHINGTON -- Construction spending jumped in November as builders spent more on single-family homes, apartments and remodeling projects. The Commerce Department said Tuesday that spending on construction projects rose 1.2 percent in November, following a revised 0.2 percent drop in October. The increase was the third in... Continue Reading »