Builders broke ground on fewer U.S. residential construction projects in January as demand for single-family homes cooled from an almost seven-year high, signaling the rebound in housing remains uneven.

New residential construction in the U.S. rose more than forecast in December, capping the best year since 2007 and signaling the industry will probably keep expanding this year.

New-home construction in the U.S. exceeded a 1 million annualized pace in November for a third consecutive month, continuing a slow recovery in the housing market.

Rep. Mario Diaz-Balart (R-Fla.) will be the next chairman of the House Transportation, Housing and Urban Development Appropriations Subcommittee, the full committee’s chairman announced Nov. 20.

Residential-construction permits in the U.S. climbed in October to a six-year high, pointing to a pickup in homebuilding after activity cooled because of a slowdown in multifamily projects.

New home construction rose in September after slumping a month earlier, indicating halting progress in the U.S. residential real-estate market.

Housing starts slumped in August after reaching the highest level in almost seven years, pointing to an uneven pickup in the U.S. residential real-estate market that will limit its contribution to economic growth.

Housing starts surged in July to the highest level in eight months, underscoring the recent pickup in builder optimism and showing more traction in the residential real estate market.

The Mortgage Bankers Association on June 19 lowered its new and existing home sales forecast for the year to 5.28 million — a decrease of 4.1% that would be the first annual drop in four years.