home construction

Building Permits Rise
Building Permits Rise
Building Permits Rise
The first three months of 2014 brought some encouraging signs for the homebuilding market in New Jersey -- and the latest good news on that front: Permits for new construction reached a seven-month high during the month of March.
Builders Broke Ground on More Homes in July
Builders Broke Ground on More Homes in July
Builders Broke Ground on More Homes in July
U.S. developers broke ground on homes at a faster pace in July. But the rise was all due to apartment construction, which is typically volatile. By contrast, builders began work on fewer single-family homes -- the bulk of the market -- and sought fewer permits to build them.
US Builder Confidence at Highest Level in 5 Years
US Builder Confidence at Highest Level in 5 Years
US Builder Confidence at Highest Level in 5 Years
Confidence among U.S. builders rose to the highest level in five years in May, a hopeful sign that modest improvement in the housing market will pick up. The National Association of Home Builders/Wells Fargo builder sentiment index rose to 29 in May. That's the highest reading since May 2007 and up from a downwardly revised reading of 24 in April. The index rose for six straight months before fall