WASHINGTON — Construction of new homes fell slightly in October after a big surge in the previous month, but the weakness was largely driven by the volatile apartment sector. Builders started construction at a seasonally adjusted annual rate of 1.009 ...Read More »
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Editor’s note: Numbers for Mecklenburg County have been corrected. WASHINGTON — U.S. home construction fell in June to the slowest pace in nine months, a setback to hopes that housing is regaining momentum and will boost economic growth this year. ...Read More »
A new analysis by the National Association of Realtors finds that new home construction is not keeping pace with job creation in much of the United States, creating a housing shortage and affordability concerns in some states. While the labor ...Read More »
The city of Charlotte, which had been working on a set of design standards for homebuilders, put those plans on the backburner while waiting to see what would happen with SB 731. With the bill going nowhere in the recently ended session, city officials aren’t wasting any time.Read More »
Home construction is making a long-awaited recovery that could help energize the U.S. economy. Builders are responding to interest from buyers attracted by cut-rate prices, record-low mortgage rates and rising rents, which have made a home purchase comparatively appealing.
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Americans are finally gaining confidence in the housing market five years after it collapsed. Sales of new and previously occupied homes are up from the same time last year. Home prices are rising in most markets. And homebuilders are starting more projects.Read More »