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POLICY ­­PERUSAL: Mary Caruso, left, director of business development at Carey, Richmond & Viking Insurance Agency in Middletown, talks with CaraMarie Costa, personal insurance account manager. / PBN PHOTO/ELIZABETH GRAHAM

As home repair costs rise, policies may need update

As Tropical Storm Henri approached Rhode Island on Aug. 22, homeowners cleared their porches of furniture and battened down the hatches, fearing the havoc...

Castle Street Cottages development wins national building award

EAST GREENWICH – The Castle Street Cottages on Rope Walk Hill has received national recognition from the National Association of Home Builders. The organization awarded...
U.S HOMEBUILDER sentiment declined in November, the first time in five months, according to the National Association of Home Builders/Wells Fargo Housing Market Index. / BLOOMBERG FILE PHOTO/SIMON DAWSON

U.S. homebuilder sentiment eases for first time in 5 months

WASHINGTON – Homebuilder sentiment in the United States eased in November for the first time in five months while holding close to the highest...
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...
PERMITS FOR single-family houses declined 3.8% year over year in major manufacturing counties in the second quarter , / BLOOMBERG NEWS FILE PHOTO

Trade war hits home construction in U.S. factory counties

BOSTON – Homebuilders are pulling back from United States manufacturing areas as shots fired in President Donald Trump’s trade war begin to ricochet across...
U.S. HOMEBUILDER sentiment posted its first decline in 2019 in June. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. homebuilder sentiment unexpectedly posts first drop in 2019

WASHINGTON – Sentiment among United States homebuilders unexpectedly posted the first decline this year, suggesting lower mortgage rates are failing to give the housing...
U.S. HOMEBUILDER SENTIMENT fell in December to the lowest level since 2015. / BLOOMBERG NEWS/TY WRIGHT

U.S. homebuilder sentiment tumbles to weakest in 3 years

NEW YORK - Sentiment among United States homebuilders fell in December to the lowest level since 2015, missing all forecasts and signaling that the industry’s...
CONFIDENCE AMONG U.S. homebuilders plummeted in November by the most since 2014. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

U.S. homebuilder index drops by most since ’14 as rates rise

NEW YORK - Confidence among United States homebuilders plummeted by the most since 2014 as the highest borrowing costs in eight years restrain demand,...
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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