US home sales slip as supply remains tight
Sales of previously occupied U.S. homes dipped in March as the supply remained tight. But the sales pace remained ahead of last year's. The National ...
US housing starts surpass 1 million in March
U.S. homebuilders broke the 1 million mark in March for the first time since June 2008. The gain signals continued strength for the housing recovery ...
Rising costs weigh on US homebuilder confidence
U.S. homebuilders are concerned that limited land and rising costs for building materials and labor will slow sales in the short term. Still, their ...
At 2 big banks, record earnings, but lower revenue
JPMorgan Chase and Wells Fargo, bellwethers for the banking industry, reported record earnings Friday, but those numbers masked troubling declines in ...
Well Fargo first-quarter profit surges 22 percent
Wells Fargo, the nation's biggest mortgage lender, said its first-quarter profit surged 23 percent after it cut expenses. The bank's expenses fell ...
RealtyTrac: US home repossessions fell in March
The number of U.S. homes repossessed by lenders last month fell to the lowest level in more than five years, the latest evidence that the nation's ...
Asia, US sales push Mercedes to record month
Daimler AG says its mainstay Mercedes-Benz luxury brand recorded the best monthly sales figures in its history in March despite weak car markets in ...
US service firms grow more slowly, hiring weakens
Two reports Wednesday showed that U.S. service companies grew more slowly in March and private employers pulled back on hiring. The declines suggest ...
Fannie's record profit a symbol of housing rebound
Home prices are up. Foreclosures are down. Construction is up. And now comes the latest sign of the U.S. home market's revival: Fannie Mae, the ...
Is home where the profit is?
J.C. Penney is honing in on its home department as part of a bigger plan to turn its stores into mini-malls of sorts. The struggling department-store ...
US construction up 1.2 percent in February
Spending on U.S. construction projects rebounded in February, helped by a surge in home construction, which rose to the highest level in more than ...
US rate on 30-year mortgage ticks up to 3.57 pct.
Average U.S. rates on fixed mortgages edged up this week but remained near historic lows. Low rates have helped drive the housing market's steady ...
Signed contracts to buy US homes dips slightly
Fewer Americans signed contracts to buy homes in February, but the level stayed near a three-year high, and analysts believe sales of previously ...
S&P nears record as home price surge lifts stocks
More good news on the economy Tuesday drove the Standard & Poor's 500 index to within two points of its record closing high. The S&P rose 12.
Housing, manufacturing give US economy lift
Gains in housing and manufacturing propelled the U.S. economy over the winter, according to reports released Tuesday, and analysts say they point to ...
Sales of new US homes slip 4.6 percent in February
Sales of new homes fell in February after climbing to the highest level in more than four years in January. Sales of new homes dropped to a seasonally ...
US home prices rise 8.1 pct., most since June 2006
U.S. home prices rose in January at the fastest annual pace since June 2006, just before the housing bubble burst. The gain shows the housing recovery ...
US homes sales highest in more than 3 years
U.S. sales of previously occupied homes rose in February to their fastest pace in more than three years, and more people put their homes on the market
Average for US jobless claims at fresh 5-year low
The number of people seeking U.S. unemployment aid barely changed last week, while the average over the past month fell to a fresh five-year low.
US rate on 30-year mortgage declines to 3.54 pct.
Average U.S. rates on fixed mortgages fell this week and remained near historic lows, a trend that has supported a recovery in housing. Freddie Mac ...
US housing starts rise, permits at 4 ½-year high
U.S. builders started more homes in February and permits for future construction rose at the fastest pace in 4 ½ years. The increases point to a ...
US builder confidence falls on weak supply, labor
Confidence among U.S. homebuilders fell this month because of concerns that increased demand for new homes is exceeding supplies of ready-to-build ...
Sharp drop in US homes lost to foreclosure in Feb.
While the nation's foreclosure woes persist, new data show they're easing amid a resurgent housing market, rising home prices and efforts by some ...
US household wealth regains pre-recession peak
It took 5½ years. Surging stock prices and steady home-price increases have finally allowed Americans to regain the $16 trillion in wealth they lost ...
US rate on 30-year mortgage ticks up to 3.52 pct.
Average U.S. rates on fixed mortgages were little changed this week, hovering near historic lows. Cheap mortgages have helped spur a recovery in the ...
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