Construction spending flatlines in May as homebuilding declines

The Commerce Department reported Monday that spending fell 0.8% in May, the first decline since a 1.3% drop in November, to a seasonally adjusted annual rate of $1.29 trillion.

Homebuilding declines were nearly matched by gains in nonresidential construction in May as total construction spending in the U.S. was flat for the month, according to preliminary estimates from.

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WASHINGTON (AP) – Spending on U.S. construction projects fell in May, the first drop in six months, as home building fell for a fifth straight month. The Commerce Department reported Monday that. Freddie Mac Pushes Out Foreclosure Timelines Initial thoughts: Did the CFPB successfully update TRID?

WASHINGTON (AP) – Spending on U.S. construction projects fell in May, the first drop in six months, as home building fell for a fifth straight month. The Commerce Department reported Monday that.

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Construction spending flatlines in May as homebuilding declines Residential construction shrank 1.5% from April

 · WASHINGTON (AP) – Spending on U.S. construction projects fell in May, the first drop in six months, as home building fell for a fifth straight month. The Commerce Department reported Monday that spending fell 0.8% in May, the first decline since a 1.3% drop in November, to a seasonally adjusted annual rate of $1.29 trillion.

Mortgage Delinquencies Pass 10%: LPS The five states with the largest inventories of foreclosed properties are Florida (10%), New Jersey (7.2%), New York. is 19.4% compared with January of 2012. LPS also notes that the mortgage.

 · Government construction spending rose at the state and federal levels after declines last month. State and local government construction rose 1.7% after last month’s decline of 2.7%.

Spending on U.S. construction projects fell in May, the first drop in six months, as home building fell for a fifth straight month. The Commerce Department reported Monday that spending fell 0.8% in.

The refinance share of mortgage activity increased to 47.4% of total applications, rising from 40.4% the previous week.construction spending flatlines in May as homebuilding declines Construction spending flat in May | National Post – WASHINGTON – U.S. construction spending was flat in May with homebuilding falling again, even as buyers.

AP reported that US construction spending was flat in May with homebuilding falling again, even as buyers face climbing prices and a shortage of available. fell 0.6 percent in May, the first.

Construction spending flatlines in May as homebuilding declines. By. Isabel Coffman. Posted in. Mortgage Brokers. Contents Pay $395 million Local government spending Transportation construction (airports Ports) jumped 11.7 Rate mortgage (frm) fell residential construction outlays The best and.