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HOME CONSTRUCTION INCREASED IN AUGUST to its fastest pace since 2007, with both apartment projects and single-family homes showing strength despite greater fears of an economic slowdown. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. homebuilder sentiment rises to 11-month high

WASHINGTON – Sentiment among U.S. homebuilders climbed to the highest level in almost a year on stronger current sales momentum, adding to signs that lower...
HOMEBUILDERS REMAIN CONFIDENT that demand for new homes will be strong even if interest rates rise as expected. / BLOOMBERG NEWS FILE PHOTO/CAITLIN O'HARA

U.S. homebuilder outlook eases while hovering near 18-year high

WASHINGTON – Confidence among U.S. homebuilders slipped to a four-month low in March while remaining above historical averages, indicating developers expect demand to withstand rising...
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