December Construction Spending Down 0.4%

The Census Bureau on Wednesday said December construction spending fell by 0.4 percent, with overall residential spending falling for the seventh straight month.

Existing Home Sales Drop 11th Straight Month

Existing home sales fell for the 11th straight month in December, the National Association of Realtors reported Friday—but the news wasn’t all that bad.

Housing Starts Finish 2022 at 6-Month Low

Housing starts ended 2022 down for the second straight month to their lowest level since last July, HUD and the Census Bureau reported Thursday.

Construction Spending Up 0.2% Amid Growing Headwinds

The Census Bureau on Tuesday reported construction spending in November rose to a seasonally adjusted annual rate of $1,807.5 billion, 0.2 percent higher than the revised October estimate of $1,803.2 billion and 8.5 percent higher than a year ago.

Existing Home Sales Drop 10th Straight Month

Existing home sales declined in November, the 10th straight monthly decline, the National Association of Realtors reported Wednesday. All four U.S. regions recorded month-over-month and year-over-year declines.

November Housing Starts Down Slightly; Permits Plunge

Housing starts fell in November but beat expectations, the Census Bureau and HUD reported Tuesday. The news, however, came in building permits, which fell sharply from both October and a year ago.

October Construction Spending Down; ISM Index Contracts for 1st Time Since 2020

Construction spending dipped in October, the Commerce Department reported Thursday, with slight increase in public construction offset by a decline in private construction. Separately, the Institute for Supply Management, Phoenix, reported its Manufacturing Report on Business fell for the first time in two and a half years.

Existing Home Sales Fall 9th Straight Month

October existing home sales fell—the ninth consecutive monthly decrease—the National Association of Realtors reported Friday.

October Housing Starts Down 4.2%

Housing starts fell in October—the third straight monthly decline—but generally beat analysts’ expectations, HUD and the Census Bureau reported Thursday.

September New Home Sales Down 11%

New home sales fell by nearly 11 percent in September, HUD and the Census Bureau reported Wednesday, as rising interest rates discouraged home buyers.