Homebuilders

Home construction starts increased in July by more than forecast and applications to build surged by the most in three decades, indicating builders are responding to robust housing demand fueled by record-low interest rates.

U.S. homebuilders are riding a wave of optimism as record-low mortgage rates drive demand for new homes.

Both refinancings and purchases will be stronger than what Fannie Mae had previously forecast.

After a floundering start to the summer home-buying season, record-low mortgage rates helped make July one of the best in several years for homebuilders in the Twin Cities metro.

Southern California homebuilders slashed construction plans as coronavirus hammered the economy.

Having more houses on the market than in June 2019 had the metro area out of step with the nation as a whole, the Oklahoma City Realtors said.

New-home sales in the U.S. increased to an almost 13-year high in June, fueled by record-low borrowing costs and adding to evidence that residential real estate is a bright spot for the economy.

Home construction starts rose 17% in June, with builders ramping up production as lockdowns eased.

Homebuilder outlook improved in July and is back at pre-pandemic levels as the housing market continued to lure buyers looking for more space and attracted by record-low interest rates.

The City of Frisco has experienced a major population boom in the past few decades and has earned the title of fastest-growing city several times by the U.S. Census Bureau.

Mortgage applications to purchase new homes were up 54% compared to the same month the year before.

New-home sales rose more than expected in May, with record-low mortgage rates pulling buyers back into a housing market that froze up during the pandemic.

Home construction starts rose less than forecast in May, suggesting builders were slow to resume work even as states across the country began to reopen.

The availability of some loans used to build homes dried up due to the coronavirus. Opening up the economy may help if it doesn't lead to a spike in infections, and if consumer demand persists.

Homebuilder sentiment improved in June as record-low interest rates and demand for more space spurred buyers to re-emerge after the coronavirus shut down sales and construction.

Australia has announced a A$688 million ($476 million) stimulus package aimed at bolstering the housing construction industry, as the coronavirus-hit economy heads for its first recession in 29 years.

Homebuilding in San Diego County nearly doubled from last year in the first quarter of 2020 despite COVID-19 closures.

Home sales in April stayed healthy despite the Ohio stay-at-home order, but dropped by double digits compared to a year before at the same time.

After a blockbuster early spring, the COVID-19 pandemic is hitting home for Twin Cities builders.

New housing activity in Connecticut took a precipitous decline last month, with the number of permits issued around the state down 65.4% from April 2019, according to the Department of Economic and Community Development.