Construction Boom a Faint Hope to Prospective Home Buyers

Carpenters work on building new townhomes that are still under construction, while building material supplies are in high demand, in Tampa, Fla., on May 5, 2021. Octavio Jones/Reuters

News Analysis

Construction for nearly 600,000 single-family homes started across America in the six months ending October, the most since 2006 before the Great Recession. That’s up 14 percent from the year before and more than 150 percent from a decade ago, according to data from the federal housing department and Census Bureau.