housing starts

Prospective Homebuyers: Time Is on Your Side

The latest reports on home sales and prices offer a complicated and conflicted picture. But when the data are taken together, one thing is clear: Weighing risk and reward, it's worth waiting a few months to see which way the real estate winds are really blowing.

In Construction, a Year of Flat Growth Would Be Welcome

If you want to see how the construction industry will do in 2011, look at how the architects did in 2010. By that gauge, last year's thin uptick in spending on building design and engineering services foretells a similar small gain ahead for builders -- and after two years of steep declines, any growth at all is welcome news.

Housing's Long and Winding Road to Recovery

Home prices are falling again nearly nationwide, but the pace of sales is starting to pick up in recent months. Overall, it seems clear that the worst of the housing debacle has passed. It's just that the U.S. remains on a slow, grinding track back to housing health.

This Week: Major Earnings and Reports Every Day

With corporate earnings season in full swing -- watch for McDonalds, along with Catepillar, Amazon and other -- and with the Fed meeting on interest rates, the GDP estimate and housing numbers coming out -- the week ahead is expected to be quite busy.

Housing Starts: Another Small Gain in November

The U.S. housing sector took another modest step forward in November as housing starts rose a better-than-predicted 3.9% to a 530,000-unit annual rate. Still, at the current rate of recovery, the nation remains about 18 months to 2 years away from seeing normal levels of home building.

Does the Stock Market Need to 'Take a Breather'?

Stock traders face plenty of economic news this week, and considering how much progress the market has recently made, it could be time for a bit of a pullback. But at least one trader thinks that's just what's needed to create a base for further gains ahead.

New Housing Starts Plunged 11.7% in October

U.S. housing starts unexpectedly plunged 11.7% in October to a 519,000-unit annual rate, weighed down by a 47.5% decline in apartment and condo construction. But building permits, a leading indicator of future housing construction, did inch 0.5% higher last month. U.S. housing starts unexpectedly plunged 11.7% in October to a 519,000-unit annual rate, weighed down by a 47.5% decline in apartment and condo construction. But building permits, a leading indicator of future housing construction, did inch 0.5% higher last month.

U.S. Housing Starts Rose for Third Straight Month

The unexpected increase of 0.3% to a 610,000 annual rate provides additional evidence that homebuilding in the beleaguered U.S. housing sector may be bottoming. However, economists caution that it's still too early to declare any kind of solid turnaround.

Stimulus Lifts Construction Spending in August

Boosted by government projects, construction spending unexpectedly rose 0.4% in August. Though a single monthly gain hardly means the sector%u2019s long contraction is over, the data does hint that the period of large, monthly construction spending declines may be ending.

Housing Starts Show Unexpected Signs of Life

Housing starts unexpectedly surged 10.5% in August to a 598,000 seasonally-adjusted, annual rate, providing hope that the U.S. home building sector is stabilizing. However, economists caution that monthly housing starts data contain a margin of error and revisions can be large.

Shaky Real Estate: Weak Housing Starts Rise in July

July housing starts inched up to 546,000, a lower-than-expected rate that's an increase on June only because the previous month's total was revised downwards. Housing starts are now 7% lower in the past year, despite the home buyer tax-credit program.

Does the Housing Market Need More Federal Help?

The U.S. housing sector's road to recovery is getting rougher: Housing starts fell a worse-than-expected 5% in June to a seasonally adjusted annual rate of 549,000. Permits for new single-family homes fell 3.4% to a 421,000 annual rate -- their lowest since April 2009.

U.S. Housing Starts Fell 5% to 549,000 in June

U.S housing starts fell 5% to a seasonally adjusted annual rate of 549,000 in June as apartment construction and single-family houses dropped. The number of single-family housing starts fell 0.7% to an annual rate of 454,000, the Commerce Department said in a statement.

Housing Construction Derailed by Tax Credit Expiration

Housing starts plunged 10% in May to a 593,000-unit annualized rate after the home-buyer tax credit expired earlier this spring. What%u2019s more, sustained job growth above 150,000 new jobs per month will likely be needed to restore momentum in the home-building sector.

Housing Starts, Builder Confidence Keep Rising

Both home builder confidence and housing starts are up this spring, which is good news for the U.S. economy. Even so, activity in the housing market is still far below healthy economic levels.

Housing Construction Hits 16-Month High

Housing starts rose 1.6% in March, the Commerce Department said, but the real surprise in the report was the revision in February's housing start data, to a 1.1% rise from a 5.9% drop -- a change that suggests starts are stabilizing.

Housing Starts in U.S. Rise in January

More progress in the U.S. housing sector, as housing starts rose 2.8% in January to a 591,000 seasonally adjusted annual pace, the U.S. Commerce Department announced Wednesday. That marked the strongest housing start pace since July.

Housing Starts Rebound in November

Housing starts rose 8.9 percent in November to a 574,000 seasonally adjusted annual pace, the U.S. Commerce Department announced. Economists surveyed by Bloomberg News had expected housing starts to total a slightly higher 575,000 annualized rate for the month.

U.S. housing starts flat in September

Construction on new housing was statistically flat in September, rising just 3,000 to a 590,000 annual rate, the U.S. Commerce Department announced...

Housing starts rise to nine-month high

Housing starts rose 1.5 percent to a 598,000 annual rate in August, the U.S. Commerce Department announced Thursday, continuing a nearly year-long...

Housing starts unchanged in July

New home construction in the U.S. took a slight breather last month: housing starts were unchanged in July, as a small increase in single-family home...

May housing starts jump unexpectedly

Looks like this "green shoot" may have experienced a growth spurt. U.S. housing starts surged 17.2 percent in May to a seasonally adjusted annual...