Residential construction

FILE - In this June 13, 2019, file photo stacks of building materials are stacked up near new home under construction in Mechanicsville, Va. On Friday, Aug. 23, the Commerce Department reports on sales of new homes in July. (AP Photo/Steve Helber, File)
August 23, 2019 - 10:46 am
WASHINGTON (AP) — Sales of new U.S. homes fell a steep 12.8% in July as higher prices and limited inventory sidelined would-be buyers. The Commerce Department said Friday that new homes sold at a seasonally adjusted annual rate of 635,000 units. That's down from a sharply revised upward rate of 728...
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FILE - In this June 19, 2019, file photo a worker carries shingles for a roof of a house under construction in a Brandon, Miss., neighborhood. On Friday, Aug. 16, the Commerce Department reports on U.S. home construction in July. (AP Photo/Rogelio V. Solis, File)
August 16, 2019 - 12:50 pm
WASHINGTON (AP) — The pace of U.S. home construction fell a sharp 4% in July despite strong demand from would-be buyers, held back by a shortage of skilled labor and affordable land. The Commerce Department said Friday that housing starts slipped last month to a seasonally adjusted annual rate of 1...
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FILE - In this June 19, 2019, file photo a worker carries shingles for a roof of a house under construction in a Brandon, Miss., neighborhood. On Friday, Aug. 16, the Commerce Department reports on U.S. home construction in July. (AP Photo/Rogelio V. Solis, File)
August 16, 2019 - 11:22 am
WASHINGTON (AP) — The pace of U.S. home construction fell a sharp 4% in July despite strong demand from would-be buyers, held back by a shortage of skilled labor and affordable land. The Commerce Department said Friday that housing starts slipped last month to a seasonally adjusted annual rate of 1...
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July 25, 2018 - 10:42 am
WASHINGTON (AP) — Sales of new U.S. homes tumbled 5.3 percent in June and the median sales price also slipped, a potentially ominous sign for the U.S. housing market. The Commerce Department said Wednesday that newly built homes sold at a seasonally adjusted annual rate of 631,000 last month, less...
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