New residential construction

In this Thursday, Feb. 21, 2019 photo a recently constructed home, left, is reflected in water, in Natick, Mass. On Tuesday, Feb. 26, the Commerce Department reports on U.S. home construction in December. (AP Photo/Steven Senne)
February 26, 2019 - 8:35 am
WASHINGTON (AP) — The number of homes being built in December plunged to the lowest level in more than two years, a possible sign that developers are anticipating fewer new houses to be sold this year. The Commerce Department said Tuesday that housing starts fell 11.2 percent in December from the...
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FILE - In this May 7, 2009 file photo, homes built by D.R. Horton Inc. are shown in Cahndler, Ariz. Major homebuilders are taking a beating on Wall Street as rising interest rates and home prices continue to keep potential buyers on the sidelines. Shares in leading U.S. homebuilder D.R. Horton have fallen more than 8 percent in Thursday, Nov. 8, 2018, morning trading while others in the sector saw declines between 4 percent and 6 percent. (AP Photo/Ross D. Franklin, File)
November 08, 2018 - 12:23 pm
WASHINGTON (AP) — Homebuilders took a beating Thursday as rising interest rates and home prices discourage potential buyers. Mortgage buyer Freddie Mac said Thursday that the average rates on 30-year, fixed rate mortgages hit 4.94 percent, a 7-year high. The average rate a year ago was 3.9 percent...
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FILE- In this Oct. 2, 2018, file photo trader Sal Suarino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Oct. 17. (AP Photo/Richard Drew, File)
October 17, 2018 - 11:40 am
NEW YORK (AP) — U.S. stocks are falling Wednesday after their biggest gain in more than six months. Homebuilders are sinking after the Commerce Department said construction of new homes dropped in September, and retailers are also sharply lower. IBM tumbled after it announced disappointing...
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FILE- This May 4, 2018, file photo shows a house under construction in Roseville, Calif. On Thursday, Aug. 16, the Commerce Department reports on U.S. home construction in July. (AP Photo/Rich Pedroncelli, File)
August 16, 2018 - 10:16 am
WASHINGTON (AP) — U.S. housing starts ticked up just 0.9 percent in July, a sign that higher construction costs might be weighing on homebuilders. The Commerce Department said Thursday that housing starts last month rose to a seasonally adjusted annual rate of 1.17 million, not nearly enough to...
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