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Home building jumps in June after dismal spring

Builders broke ground on more single-family homes and apartments in June, helping the battered construction industry gain a little life after a dismal spring.

 

A Bright Spot in the Housing Market

The Commerce Department's report on new home construction is likely to show that multifamily properties is the bright spot in the beleaguered market.

 

2010 ends as 2nd worst year for home construction

Builders began work last year on the second fewest number of homes in more than half a century, as the weak economy kept people from buying houses.

 

New U.S. home construction surged in August

Construction of new homes and apartments surged 10.5 percent in August from a month earlier, the Commerce Department said Tuesday. That's the highest level since April.

 

Home Construction Declined 5% in June

The results were driven by a more than 20 percent drop in the volatile condominium and apartment market.

 

Home Construction Drops 5.9 Percent in February

Housing construction fell in February as winter blizzards held down activity in the Northeast and Midwest. The decline highlighted the challenges facing builders as they struggle to emerge from the worst housing slump in decades.

 

Data on industry output, home building boost hopes

Hopes that the economy can sustain its recovery drew support Wednesday from news that industrial ouput rose for a seventh straight month and home construction hit a six-month peak in January....

 

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