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Home Building Decline News from Yahoo:

U.S. Home Starts Jump in April, While Building Permits Dip

U.S. Home Starts Jump in April, While Building Permits Dip

With home-building waning, non-residential permits hold up construction

By Julian Beltrame, The Canadian Press OTTAWA - House-building intentions continued to slow in March, but the construction industry as a whole still looked strong thanks to plans for new institutional ...

Stocks gain breather on US home sales, China building push

World shares gained for a second day yesterday amid speculation of fresh action by European leaders to tackle the region's debt crisis, even as the euro fell on doubts that much would come of this week's meeting.

Canada March building permits surge, housing cools

OTTAWA (Reuters) - The value of Canadian building permits unexpectedly climbed in March even while plans for home building softened for the third straight month, Statistics Canada reported on Monday, likely calming nerves among policymakers troubled by soaring property prices and debt. Building permits issued by municipalities jumped 4.7 percent from February to C$6.5 billion ($6.5 billion ...

First-time buyers driving new home sales

By Mark Puente, Times Staff Writer Wednesday, May 23, 2012 Shawn Merritt liked the idea of a newly built home. No repairs. Less hassle. Better energy efficiency. And, as he found out, the price is right, too. Merritt, 24, paid $165,000 for a 2,384 square foot home in Brookfield Estates in Wesley Chapel. His family moved in two weeks ago. "It feels like a dream," he said. "It's the first home I ...

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