June housing construction rises unexpectedly
Construction of new U.S. homes rose in June to the highest level in seven months, a sign builders are starting to regain confidence as they emerge from the housing bust. The Commerce Department said...
View ArticleHousing construction drops 5.9 pct in February
Housing construction fell in February as winter blizzards held down activity in the Northeast and South. The decline highlighted the challenges facing builders as they struggle to emerge from the worst...
View ArticleUS home building declines 6.5 percent
The pace of U.S home construction slipped in May with many Americans still struggling to afford new houses. The Commerce Department says builders started work at a seasonally adjusted annual rate on...
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