US housing starts fell in April but permits surged
U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline ...
US homebuilder confidence rises in May from April
Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest ...
Asia stocks up on US company earns, home sales
An increase in new U.S. home sales and strong corporate earnings across a range of industries lifted investment sentiment in Asia, where most stock ...
New-homes sales rise 1.5 percent in March to 417K
U.S. sales of new homes rose in March to a seasonally adjusted annual rate of 417,000. The increase added to evidence of a sustained housing recovery ...
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 ...
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 ...
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 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 ...
Jump in factory growth lifts hopes for US economy
Busier factories and growing optimism among consumers could help the U.S. economy withstand the drag from government spending cuts and tax increases ...
US construction spending down 2.1 percent
Spending on U.S. construction projects fell in January by the largest amount in 18 months as home construction stalled and spending on government ...
Freddie Mac posts $4.5B net income for Q4
Mortgage giant Freddie Mac earned $4.5 billion from October through December, its fifth straight profitable quarter. The government-controlled company ...
US pending home sales rise to highest since 2010
A measure of the number of Americans who signed contracts to buy homes rose in January from December to the highest level in more than 2 ½ years.
US economy showing strength as spending cuts loom
Even with automatic spending cuts looming, the outlook for the U.S. economy brightened a bit Tuesday after reports showed that Americans are more ...
Stocks drop following Fed doubts about stimulus
The stock market posted its biggest loss this year on news that Federal Reserve officials suggested the central bank scale back its effort to keep ...
Stocks slip following homebuilding slowdown
Caterpillar helped drag the stock market lower Wednesday after the industrial giant reported weaker worldwide sales. A mixed report on housing also ...
US housing starts dip but remain at solid pace
U.S. homebuilders began work at a slower pace in January than in December. But all of the drop occurred in the volatile area of apartment ...
US home prices accelerate in November
U.S. home prices accelerated in November compared with a year ago, pushed higher by rising sales and a tighter supply of available homes. The Standard ...
Tight inventory slows US pending home sales
A measure of Americans who signed contracts to buy homes fell last month after reaching a 2 ½-year high in November. Sales were held back by a limited ...
Oil posts slight loss; gasoline up to $3.33
The price of oil fell slightly Friday as a report showing a cooling off in new home sales offset the positive influence of ebullient U.S.
US new-home sales fell in Dec., sales for year up
Sales of new U.S. homes cooled off in December compared with November but for the entire year were the best since 2009. The Commerce Department said ...
Stocks rise ahead of home sales report
Stocks are opening higher on Wall Street ahead of what is expected to be more upbeat data on housing from the government. The Dow Jones industrial ...
Surge in home construction likely to continue
The aftermath of the housing bust forced many homebuilders to dramatically scale back construction on new homes to avoid the risk of ending up saddled ...
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