Homebuilders

Builders in Oakland are on course to create more new housing units than San Francisco this year, a notable role reversal for a city that has long produced far less residential development than its wealthier and more bustling neighbor across the bay.

With bidding wars subsiding, new-home sales prices dropped, causing the largest decline in new construction since 2013, according to Redfin.

Canadian housing starts fell last month, led mostly by a drop in construction of semi-detached, row houses and apartments.

California officials are threatening legal action if Cupertino, hometown of Apple, doesn't meet its housing goals.

The Lehigh Valley is not adding enough housing to keep up with job growth, a recent study finds, a problem shared with other major coastal hubs experiencing soaring economies and debilitating construction costs.

Taylor Morrison Home Corp. recorded earnings that outpaced analysts' estimates and announced a partnership in the growing rental market.

While strong housing demand continues in Central Texas, new numbers show the area's homebuilding pace slowed in the second quarter as builders grappled with a shortage of lots.

Two key economic forces are responsible for driving single-family housing forward, but their potential is limited, according to the National Association of Home Builders.

Forecasts for residential remodeling growth are looking dimmer, but this isn't necessarily a bad thing for the mortgage market.

Pretax mortgage income at NVR Inc. surged 37% year-over-year in the second quarter while originations rose 1%, contrasting more tepid home-loan earnings results relative to originations at big banks.

Hovnanian Enterprises, the corporate parent of homebuilder K Hovnanian Homes, received a new notice from the New York Stock Exchange indicating its low market capitalization could jeopardize its listing status.

New-home construction fell in June for a second month as a drop in apartment building outweighed a pickup in single-family projects.

Homebuilders' optimism increased as low mortgage rates fueled demand. However, affordability constraints and the continuing scarcity of construction workers and land parcels remain concerns.

A builder based near the Lake of the Ozarks swindled six families that sought new homes in Kirkwood, Mo., out of $356,000, the builder's federal plea agreement says.

After two strong months, applications to purchase newly constructed homes retrenched a bit as broader policy issues weighed on consumers, according to the Mortgage Bankers Association.

Median home prices in the second quarter rose 5.1% over the same period a year ago in the city of Santa Fe, with the countywide median price up 7.4%, according to the Santa Fe Association of Realtors.

Builder MDC Holdings' preliminary numbers for net new home orders registered their highest quarterly increase in years, adding to signs of growing demand for housing.

The value of construction projects started in the greater Houston area fell sharply across both the residential and nonresidential sectors in May, according to a new Dodge Data & Analytics report.

County supervisors approve a disputed project. Gov. Gavin Newsom agrees to a statewide housing policy. President Trump moves to ease home-construction regulations across the nation.

It's a sign of just how strong the Bakersfield, Calif., single-family home market is that the 1985 house Realtor Leslie Walters is in escrow to sell July 8 was listed $30,000 above the city's $300,000 sweet spot — and still two solid offers came in within a week.