New residential construction

FILE - This April 13, 2019, file photo, shows homes in suburban Salt Lake City. Americans shopping for a home this spring may face more competition than they have in years. (AP Photo/Rick Bowmer, File)
KNSS News
February 13, 2020 - 1:01 pm
LOS ANGELES (AP) — Americans shopping for a home this spring may face more competition than they have in years. A strong labor market and growing pool of would-be buyers as more millennials enter their 30s is expected to fuel demand for homes at a time when the inventory of properties for sale is...
Read More
FILE - In this Jan. 10, 2020, file photo trader Gregory Rowe works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 17 (AP Photo/Richard Drew, File)
January 17, 2020 - 12:34 pm
Major U.S. stock indexes edged higher in afternoon trading Friday as solid earnings from banks helped extend momentum from the previous day's rally. State Street and Citizens Financial were among the latest banks to report encouraging results in a week of solid reports from larger financial...
Read More
FILE - In this Oct. 2, 2019, file photo, a carpenter works on a construction site in North Andover, Mass. On Friday, Jan. 17, 2020, the Commerce Department reports on U.S. home construction in December. (AP Photo/Elise Amendola, File)
KNSS News
January 17, 2020 - 7:34 am
WASHINGTON (AP) — Construction of new homes surged in December to the highest level in 13 years, capping a year in which falling mortgage rates and a strong labor market helped lift the prospects of the housing industry. The Commerce Department reported Friday that builders started construction on...
Read More
FILE - In this Sept. 3, 2019, file photo a sign rests near a piece of earth-moving equipment, left, on a plot of land, in Westwood, Mass. On Tuesday, Dec. 17, the Commerce Department reports on U.S. home construction in November. (AP Photo/Steven Senne, File)
KNSS News
December 17, 2019 - 7:35 am
WASHINGTON (AP) — Construction of new homes rose again in November while applications for building permits rose to the highest level in 12 years, both encouraging signs of a rebound in the housing market. The Commerce Department said Tuesday that builders started construction on a seasonally...
Read More
In this Sept. 3, 2019 photo a for sale sign, top, rests in front of a newly constructed home, in Norwood, Mass. On Thursday, Oct. 17, the Commerce Department reports on U.S. home construction in September. (AP Photo/Steven Senne)
October 17, 2019 - 10:12 am
WASHINGTON (AP) — U.S. home building fell last month after reaching a 12-year high in August, driven by a sharp decline in the construction of new apartments. Yet single-family home construction ticked higher for a fourth month. The Commerce Department said Thursday that overall housing starts...
Read More
In this Thursday, Feb. 21, 2019 photo a newly constructed homes sit near a sign, in Natick, Mass. On Friday, March 8, the Commerce Department reports on U.S. home construction in January.(AP Photo/Steven Senne)
March 08, 2019 - 8:36 am
WASHINGTON (AP) — U.S. housing starts jumped 18.6 percent in January, as builders ramped up construction of single-family houses to the fastest pace in eight months. The Commerce Department said Friday that January ground breakings occurred at a seasonally adjusted annual rate of 1.23 million. Home...
Read More
FILE - In this Nov. 7, 2018, file photo, a construction crane is perched on the site of Court Square City View Tower adjacent to the Court Square Number 7 subway station in Long Island City in the Queens borough of New York. U.S. developers broke ground on more homes for November, but the increase occurred entirely in apartments. The construction of new single-family houses fell. (AP Photo/Mark Lennihan, File)
December 18, 2018 - 8:05 am
WASHINGTON (AP) — U.S. developers broke ground on more homes last month, but the increase occurred entirely in apartments. The construction of new single-family houses fell. The Commerce Department said Tuesday that housing starts rose 3.2 percent in November from the previous month to a seasonally...
Read More
FILE- In this July 23, 2018, file photo a construction worker puts down roofing paper on a new home as he works outside in Houston. On Tuesday, Nov. 20, the Commerce Department reports on U.S. home construction in October. (AP Photo/David J. Phillip, File)
November 20, 2018 - 8:46 am
WASHINGTON (AP) — U.S. home construction improved a slight 1.5 percent in October, but in a troubling sign, ground breakings for single-family houses fell. The Commerce Department said Tuesday housing starts rose to a seasonally adjusted annual rate of 1.23 million, up from 1.21 million in...
Read More
FILE- This May 4, 2018, file photo shows a house under construction in Roseville, Calif. On Thursday, Aug. 16, the Commerce Department reports on U.S. home construction in July. (AP Photo/Rich Pedroncelli, File)
August 16, 2018 - 9:16 am
WASHINGTON (AP) — U.S. housing starts ticked up just 0.9 percent in July, a sign that higher construction costs might be weighing on homebuilders. The Commerce Department said Thursday that housing starts last month rose to a seasonally adjusted annual rate of 1.17 million, not nearly enough to...
Read More
FILE - In this March 27, 2018 file photo, construction cranes in Southwest Washington are silhouetted against the morning sky as redevelopment continues in the waterfront area of the District of Columbia. Spending on U.S. construction projects fell 1.1 percent in June, the biggest decline in more than a year as spending on public construction dropped at the highest rate in more than five years. The Commerce Department says the decline in June brought total construction spending to a seasonally-adjusted $1.32 trillion, 6.1 percent higher than a year ago. (AP Photo/J. David Ake, File)
August 01, 2018 - 9:32 am
WASHINGTON (AP) — Spending on U.S. construction projects fell 1.1 percent in June, the biggest decline in more than a year as spending on public construction dropped at the highest rate in more than five years. The decline in June brought total construction spending to a seasonally-adjusted $1.32...
Read More