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Construction of new US homes rose in June to the highest level in seven months as builders rushed to pour foundations for homes that must be completed by the end of November for first-time buyers to take advantage of a special tax break.
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PATRICK NEWPORT

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abtest

Builders betting on brighter US housing market

March 21, 2012 - 6:04am

US builders are betting that the housing market is finally on the path back to health.

US housing starts rise in June

July 19, 2009 - 12:00am

Construction of new US homes rose in June to the highest level in seven months as builders rushed to pour foundations for homes that must be completed by the end of November for first-time buyers to take advantage...

Business

US economy to deteriorate throughout 2009

February 20, 2009 - 12:00am

WASHINGTON (AP) — The Federal Reserve warned Wednesday that the crippled US economy is even worse than thought and predicted it would deteriorate throughout 2009, with no sign that the housing market will...

Business