Residential construction

FILE - In this Sept. 3, 2019, file photo a for sale sign, left, rests in front of a newly constructed home, in Norwood, Mass. On Wednesday, Feb. 19, 2020, the Commerce Department reports on U.S. home construction in January. (AP Photo/Steven Senne, File)
February 19, 2020 - 11:56 am
WASHINGTON (AP) — Construction of new homes edged back slightly in January after a December surge that had pushed home construction to the highest level in 13 years. The Commerce Department reported Wednesday that builders started construction on 1.57 million homes at a seasonally adjusted annual...
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FILE - This April 13, 2019, file photo, shows homes in suburban Salt Lake City. Americans shopping for a home this spring may face more competition than they have in years. (AP Photo/Rick Bowmer, File)
February 13, 2020 - 2:01 pm
LOS ANGELES (AP) — Americans shopping for a home this spring may face more competition than they have in years. A strong labor market and growing pool of would-be buyers as more millennials enter their 30s is expected to fuel demand for homes at a time when the inventory of properties for sale is...
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FILE - In this Jan. 10, 2020, file photo trader Gregory Rowe works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 17 (AP Photo/Richard Drew, File)
January 17, 2020 - 4:11 pm
Solid gains in technology and communications stocks pushed major U.S. indexes to more record highs on Wall Street Friday. Chipmaker Qualcomm jumped 4.5% and Google parent company Alphabet rose 2%. Banks also did well, driven by strong results from State Street and Citizens Financial. That came a...
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FILE - In this Oct. 2, 2019, file photo, a carpenter works on a construction site in North Andover, Mass. On Friday, Jan. 17, 2020, the Commerce Department reports on U.S. home construction in December. (AP Photo/Elise Amendola, File)
January 17, 2020 - 8:34 am
WASHINGTON (AP) — Construction of new homes surged in December to the highest level in 13 years, capping a year in which falling mortgage rates and a strong labor market helped lift the prospects of the housing industry. The Commerce Department reported Friday that builders started construction on...
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FILE - In this Sept. 3, 2019, file photo a sign rests near a piece of earth-moving equipment, left, on a plot of land, in Westwood, Mass. On Tuesday, Dec. 17, the Commerce Department reports on U.S. home construction in November. (AP Photo/Steven Senne, File)
December 17, 2019 - 8:35 am
WASHINGTON (AP) — Construction of new homes rose again in November while applications for building permits rose to the highest level in 12 years, both encouraging signs of a rebound in the housing market. The Commerce Department said Tuesday that builders started construction on a seasonally...
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FILE - In this Oct. 22, 2019, file photo a sign stands outside a home for sale in southeast Denver. On Thursday, Dec. 5, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski)
December 05, 2019 - 1:32 pm
WASHINGTON (AP) — U.S. long-term mortgage rates held steady this week amid mixed signs in the housing market. Rates remain at historically low levels as a lure to prospective homebuyers. Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year fixed-rate mortgage was unchanged...
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November 21, 2019 - 10:14 am
WASHINGTON (AP) — Americans purchased more homes in October, though sales were held back by a shortage of available properties. The National Association of Realtors said Thursday that sales of existing homes rose 1.9% last month to a seasonally adjusted annual rate of 5.46 million. That’s 4.6%...
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In this Tuesday, Sept. 3, 2019 photo a sign rests in front of a newly constructed home, in Westwood, Mass. On Wednesday, Sept. 18, the Commerce Department reports on U.S. home construction in August. (AP Photo/Steven Senne)
September 18, 2019 - 9:37 am
WASHINGTON (AP) — The pace of U.S. home construction jumped 12.3% last month to a 12-year high on a surge in apartment building. The Commerce Department said Wednesday that housing starts came in at a seasonally adjusted annual rate of 1.36 million, the most since June 2007 and up from a revised 1...
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FILE- In this Tuesday, March 5, 2019, file photo specialist Matthew Grenier works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, March 8. (AP Photo/Richard Drew, File)
March 08, 2019 - 4:56 pm
Another wave of selling on Wall Street Friday left the S&P 500 with its worst weekly showing since January and its eighth loss in the last nine days. The sell-off, which lost some strength toward the end of the day, followed a surprisingly weak jobs report and more signs that the global economy...
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In this Thursday, Feb. 21, 2019 photo a newly constructed homes sit near a sign, in Natick, Mass. On Friday, March 8, the Commerce Department reports on U.S. home construction in January.(AP Photo/Steven Senne)
March 08, 2019 - 8:43 am
WASHINGTON (AP) — U.S. housing starts jumped 18.6 percent in January, as builders ramped up construction of single-family houses to the fastest pace in eight months. The Commerce Department said Friday that January ground breakings occurred at a seasonally adjusted annual rate of 1.23 million. Home...
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