The spring home-selling season is off to a promising start in this military port city, sparking optimism here and in other cities that the market has finally gained momentum after a slow recovery and last year’s stall. The downturn was brutal for Jacksonville; home sales sank and foreclosures were running at high levels during the […]
Demand uneven in housing market amid harsh winter weather. WASHINGTON—Builders pulled back on new-home construction in February, a sign of uneven demand in the housing market amid harsh winter weather. U.S. housing starts plunged 17% from a month earlier to a seasonally adjusted annual rate of 897,000 in February, the Commerce Department said Tuesday. Starts […]
The entry-level housing market may be on the upswing. The pace of new construction is one of many gauges of the state of the current housing market, along with home prices and the volume of sales. Moreover, the kinds of new homes under construction can tell us about the health of the housing recovery. The […]
