Home Building Costs Increase

A new report from the National Association of Home Builders shows the costs of constructing a single-family home were much higher when compared to 2011, reaching $246,553 last year compared with just $184,125 in 2011. Much of this cost was due to an increase in the price of lumber, as framing and trusses account for

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Housing Starts for Single-Family Homes Increased in August

Figures from the Commerce Department show that housing starts for multifamily homes fell in August, but the number of permits to build single-family homes increased substantially. Overall housing starts increased by a seasonally adjusted rate of 0.9%, reaching 891,000 units. According to the article in AOL.com, this figure is less than had been predicted by

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