Economics

Americans Are Pouring Money Into Their Homes Like It's the 1990s

  • Industry took advantage of second-warmest period on record
  • Gains helped by home improvements, boosting employment

QuickTake: The American Dream of Home Ownership

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If you’re building or renovating a home in the U.S. these days, you’ve got plenty of company.

Americans’ spending on residential construction projects -- from the pouring of foundations to home improvement -- just hammered out its strongest three-month period since 1994.