Topic: Patrick Newport

US housing starts, permits surge

<div><p>US housing starts jumped 8.9 percent in November, official data showed Wednesday in a further sign that the troubled sector is on the mend.</p><p>The Commerce Department said that the number of units on which construction has ...
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US new home sales rebound in October

<div><p>US new home sales rebounded more than expected in October to their strongest pace in more than a year, government data showed Wednesday, suggesting stabilization in the ailing sector.</p><p>The Commerce Department reported sales of new one-family homes ...
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Fewer home-building permits signal weakness ahead

<div id="subtitle">Applications for housing permits fall in September, raises worries about weakness ahead</div><div><p>Applications for home building permits, a key gauge of future construction, fell in September by the largest amount in five months — a discouraging sign ...
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US housing construction picks up as market bottoms

<div><p>US home construction picked up in June after strong gains in May, the government said Friday in a report that suggested a turnaround in the moribund housing market.</p><p>The Commerce Department reported construction starts on privately owned homes ...
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