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.

New home sales rose 18.7% year-over-year in October, but median prices fell 8% as builders increased incentives.

Realtor.com highlights areas where new construction is helping to ease affordability constraints. With the United States facing a housing shortfall estimated at nearly four million homes, new ...

Homebuilding has slowed as Americans face economic uncertainty and high mortgage rates. Here, construction workers install a lumber roof on a new home last month in Laveen, Ariz. Ross D. Franklin ...

The numbers: Construction of new homes rose 11.2% in February as builders coming off a harsh winter ramped up new projects. But most economists expect home builders to pull back in the coming months, ...

New-home sales have been a bright spot in housing markets across the country that have been struggling for years with high mortgage rates and low inventory. Many of the top markets in March were — ...

Housing starts fell a lot further than expected as builders pulled back on construction of new single-family homes The numbers: Construction of new homes fell 11.4% in March, as builders pulled back ...

Builders often warranty their work on a new home, but the warranties don't cover everything. Here's what to know. Some or all of the mortgage lenders featured on our site are advertising partners of ...