Posts with tag housing starts

By Christopher S. Rugaber WASHINGTON -- A jump in sales of previously occupied homes and further gains in home construction suggest that the U.S. housing recovery is gaining momentum. Sales of previously occupied homes rose 7.8 percent in August from July to a seasonally adjusted annual rate of 4.82 million, the National... Continue Reading »

WASHINGTON -- U.S. builders broke ground on the most new homes and apartments in nearly four years last month, the latest evidence that the housing market is recovering. The Commerce Department said Wednesday that housing starts rose 6.9 percent in June from May to a seasonally adjusted annual rate of 760,000. That's the... Continue Reading »

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 »

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 -- Builders ended 2011 with a third straight year of dismal home construction and the worst on record for single-family home building. But improvement at the end of the year lifted hopes for a recovery. In December, builders broke ground on a seasonally adjusted annual rate of 657,000 homes, the Commerce... Continue Reading »