Homebuilder Sentiment Extends Record Decline to 12 Months
U.S. homebuilder sentiment fell every month in 2022, sinking in December to a level not seen in more than a decade outside of the pandemic amid elevated mortgage rates and high construction costs.
Fewer Homes Being Built With ‘Challenging’ 2023 Ahead
Homebuilders have pumped the brakes on new single-family home construction this year, a trend that’s likely to extend into 2023, according to several forecasts.
Home Construction Rebounds a Strong 11.8% in November
New home construction in the U.S. rebounded 11.8% in November as strong demand continues to boost builder confidence even with the slower winter season approaching.
Home Depot Is Investing to Keep Contractors Happy
Inside an expansive and noisy distribution center just east of Atlanta, Home Depot Inc. is trying to solve a problem that’s plaguing its stores: large orders from pro shoppers.
Home Construction Dips 0.7% in October
Construction of new homes in the U.S. fell 0.7% in October, but a big jump in the number of permits last month points to anticipation by builders that supply chain problems that have dogged them for much of the year will soon ease.
Home Depot Sales Gain Shows Americans Keep Fixing Up Houses
Home Depot Inc. posted stronger-than-expected results in the third quarter, a sign that increased North American spending on home improvement continues to stretch through the pandemic.
Home Construction Declines 1.6% in September
SILVER SPRING, Md. — Home construction fell 1.6% in September as builders continue to be tripped up by supply chain bottlenecks.
Home Construction Rebounds in March
WASHINGTON — U.S. housing construction rebounded strongly in March with home builders recovering from an unusually frigid February that shut down projects.
US Housing Starts Surge by Most Since 2016, Permits Climb
U.S. home construction starts increased in July by more than forecast and applications to build surged by the most in three decades, indicating builders are responding to robust housing demand fueled by record-low interest rates.
Home Construction Jumps to Highest Level Since 2007
U.S. home construction surged in August to the fastest pace since mid-2007 on more apartment projects and single-family houses, a welcome sign for the housing sector that has struggled to gain momentum.