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Author Archives: Josh Boak

US home price growth slowed in October

U.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall. The S&P CoreLogic Case-Shiller 20-city home price index rose 5 percent from a year earlier, down from an ...

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Home construction rose 1.5 percent in October

U.S. home construction improved a slight 1.5 percent in October, however, in a troubling sign, ground breakings for single-family houses fell. The Commerce Department said Tuesday housing starts rose to a seasonally adjusted annual rate of 1.23 million, up from ...

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Construction spending rose 0.1 percent in July

Spending on U.S. construction projects ticked up 0.1 percent in July, led by an increase in homebuilding and the publicly funded building of schools and highways. The Commerce Department said Tuesday that the slight July increase brought total construction spending ...

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