Homebuilders

Local homebuilding remained on a hot streak as through the first seven months of this year, single-family permits totaled 2,500 or 22% higher than the same period in 2017.

Housing markets with the strictest land-use regulations saw home price appreciation shoot up by more than double the rate of those with lighter regulations, despite similar job growth, according to Zillow.

Homebuilding industry leaders are pledging to train more laborers as part of an executive order from President Trump, marking an important step forward for the residential construction sector.

Homebuilders are sinking — and blame that on disappointing economic data and earnings reports that trailed estimates.

Purchases of new homes fell in June to the slowest pace in eight months, while the median selling price declined to the lowest in more than a year.

Lennar Corp., the Twin Cities' top homebuilder, plans to convert the vacant land commonly referred to as the "Prince Property" into a neighborhood with 200 market-rate and luxury houses.

New-home groundbreaking and permits fell in June to the slowest pace in nine months, as higher mortgage rates and elevated costs for labor and materials pinch the housing market.

Confidence among homebuilders held steady in July, matching the lowest level of the year, as solid job gains support demand while elevated material costs pressure developers.

Public builder Beazer Homes USA plans to buy privately held Venture Homes for $65 million in a move that could make mortgage lending in Atlanta more competitive.

Hanging over the Sonoma County, Calif., housing market is the damage done by the most destructive wildfires in state history. The fires of October claimed 24 lives and burned nearly 5,300 homes in the county.