New residential construction spending advanced a strong 2.8% on a seasonally adjusted (SA) basis after falling 0.8% in February. Single-family construction spending jumped 3.8% following a 1.3% drop in February. Multifamily construction spending was down 1.8% after advancing 1.7% in […]

The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones.  According to the U.S. Census Bureau, the number of new homes sold rose 3.3 percent in April to a seasonally-adjusted, […]

The new construction housing market continues to improve. One day after the National Association of Homebuilders reported a 5-year high in homebuilder confidence, the U.S. Census Bureau reports that single-family housing starts rose 2 percent for the second straight month […]

Home builders broke ground on new homes at a faster pace in January, exceeding expectations and raising hopes that 2012 will mark a turnaround in the embattled housing sector. Builder home starts in January were at an annual pace of […]

New Home Sales slowed into the New Year but the market for newly-built homes remains strong. For home buyers in Utah and nationwide, December’s New Home Sales report is yet one more signal that the housing market recovery may be […]