Starts, however, did poorly, led by a significant drop in single-family. More
May’s numbers reflect a larger shift from owning to renting, says economist Patrick Newport. More
The good news is muted by the fact that the numbers, which are just coming off the bottom, are still very low. More
Overall construction spending dipped in January, likely a consequence of the weather. More
A 77.7% jump in multifamily starts fueled a 14.6% overall increase in starts for January. More
Poor weather may explain the month's dreary showing. More
Bad weather is credited for December's poor showing in starts. More
Job growth will be key to spurring buyer demand. More
But multifamily, weakened by too much building during the boom and too little credit now, slides 7.2% in June. More
