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Gov't: New Home Building Leaps in January
YAHOO
AP - Construction of new homes and apartments, defying forecasts of a housing slowdown, shot up in January at the fastest pace in more than three decades.
Construction News
Group: German Economic Growth May Slow
YAHOO
AP - Economic research institute DIW said Thursday that growth in Germany will likely slow during the first quarter because of cold weather halting some construction.
Construction News
Mortgage applications fall last week: MBA
YAHOO
Reuters - Mortgage applications fell for a second consecutive week, led by a decline in home purchase loans, as interest rates hit their highest levels since early December, an industry trade group said on Wednesday.
Construction News
Jan jobless rate drops, job growth disappoints
YAHOO
Reuters - U.S. employers added a smaller-than-forecast 193,000 new jobs in January but job growth in each of the five prior months was pushed up as part of a broader annual revision of the Labor Department's statistics collection, a government report on Friday showed.
Construction News
Construction spending up 1 percent
YAHOO
Reuters - U.S. construction spending rose a strong 1 percent in December, closing out a record year on a surprisingly strong note as homebuilding activity bounced back from a weak November, a government report on Wednesday showed.
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Construction News Home loan applications fall as rates rise
YAHOO
Reuters - U.S. mortgage applications fell for the first time in four weeks led by a decline in home purchase loans, as interest rates rose for the first time since November, an industry trade group said on Wednesday.
Sources: YAHOO
Construction News Housing starts, permits drop in December
YAHOO
Reuters - U.S. housing starts fell 8.9 percent in December as single-family house construction tumbled, offsetting an increase in groundbreaking on multifamily units and pointing to further cooling after a five-year boom, a government report showed on Thursday.
Sources: YAHOO
Construction News New Year Could Bring Economic Changes
YAHOO
AP - People may feel less inclined to be big spenders this year as the housing market slips from its lofty perch, developments seen as producing slower, though still respectable, economic growth this year.
Sources: YAHOO
Construction News Economists eye strong but cooler US housing market
YAHOO
Reuters - The U.S. housing market will remain strong but begin to slow in 2006 after five record-breaking years, banking and housing economists said on Thursday.
Sources: YAHOO
Construction News Factories cool but construction ramps up
YAHOO
Reuters - U.S. factories cranked out goods at a much slower pace than expected in December, while spending in the construction sector edged up to a record in November, reports on Tuesday showed.
Sources: YAHOO
Construction News Growth in factory activity softens
YAHOO
Reuters - Manufacturing closed 2005 on a softer note, with a key gauge of factory activity showing slower growth for December, a report said on Tuesday.
Sources: YAHOO
Construction News Home Sales Down for 2nd Consecutive Month
YAHOO
AP - A cooling housing market may put buyers in the driver's seat while an improving job market could give workers and job-seekers more leverage, economists say.
Sources: YAHOO
Construction News New Home Sales Fall More Than Expected
YAHOO
AP - Sales of new homes plunged in November by the largest amount in nearly 12 years, the most dramatic evidence yet that the booming housing market is starting to cool off.
Sources: YAHOO
Construction News New home sales feel pinch, consumers cheery
YAHOO
Reuters - U.S. consumers headed for the holidays in a cheery mood, but some real estate agents and home builders might fear a lump of coal in their Christmas stockings, reports showed on Friday.
Sources: YAHOO
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