New US residential construction declined in May to the slowest pace since the onset of the pandemic as an elevated inventory of homes for sale and high mortgage rates sapped the motivation to build.

Home builders ramped up construction in March as the weather warmed and housing starts hit a 15-month high, but an industry ...

Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. FREDERIC J. BROWN/AFP ...

Prefer Newsweek on Google to see more of our trusted coverage when you search. The building of new homes plummeted in March, government data showed on Tuesday, at a time when the housing market is ...

Ashlyn is one of Forbes Home's in-house writers and a former civil engineer-turned content writer with over six years experience. Until recently, Ashlyn focused on creating content for Forbes Home as ...

The annual pace of new home construction pulled back last month after soaring in November, despite a historic shortage of housing inventory and falling mortgage rates. Housing starts came down by 4.3% ...