Chicago real estate foreclosures

New-Home Construction a Long Way from Stable

U.S. construction spending fell in February, though the year is still off to a better start than the previous one. According to the Commerce Department, construction spending throughout the country during February 2012 was estimated at a seasonally adjusted annual rate of $808.9 billion. That’s a drop of 1.1 percent over January’s estimate and is …

New-Home Construction a Long Way from Stable Read More »