Single-family homebuilding increased to a 10-month high in December, indicating that construction activity regained some momentum at the end of the year.
Read More US single-family housing starts, permits rise to 10-month highTag: Housing starts
Wall Street retreats with data, Fed comments in focus
Wall Street’s main indexes edged lower on Monday as investors awaited fresh economic data and comments from Federal Reserve officials throughout the week.
Read More Wall Street retreats with data, Fed comments in focusUS single-family housing starts jump to more than 1-1/2-year high
Declining mortgage rates and incentives from builders are likely to draw potential buyers back into the housing market.
Read More US single-family housing starts jump to more than 1-1/2-year high