US new-home sales rose 3.7 percent in December

Business 03/05/19, 10:19

Sales of new U.S. homes climbed in December to their highest pace in seven months, a sign that lower mortgage rates are helping the real estate market.The Commerce Department said Tuesday that new-home sales rose 3.7 percent in December to ...

US pending home sales rebounded 4.6 percent in January

Business 02/27/19, 10:02

More Americans signed contracts to buy homes in January as lower mortgage rates appeared to give the real estate market a boost.The National Association of Realtors says its pending home sales index rose 4.6 percent last month to 103.2. The ...

US home prices rise at slower pace for 9th straight month

Business 02/26/19, 09:29

US home price gains slowed for the ninth straight month in December, reflecting weaker sales and higher mortgage rates that have since declined.The S&P CoreLogic Case-Shiller 20-city home price index increased 4.2 percent from a year earlier, down from 4.6 ...

Home Depot sales cool along with real estate market

Business 02/26/19, 06:40

Home Depot's fourth-quarter profit is short of expectations with rising real estate prices cooling home sales.Shares fell 2.6 percent Tuesday before the opening bell.The home improvement retailer earned $2.34 billion, or $2.09 per share, far short of the per-share earnings ...

US home sales tumbled 1.2 percent in January

Business 02/21/19, 10:01

U.S. home sales fell 1.2 percent in January to their worst pace in more than three years, as persistent affordability problems have put a harsh chill in the real estate market.The National Association of Realtors says that sales of existing ...

US home price growth slowed in October

Business 12/26/18, 10:17

U.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall.The S&P CoreLogic Case-Shiller 20-city home price index rose 5 percent from a year earlier, down from an annual ...

US home sales rose 1.9 percent in November

Business 12/19/18, 11:08

U.S. home sales increased in November for the second straight month, but sales plummeted 7 percent from a year ago amid growing affordability pressures.The National Association of Realtors said Wednesday that sales of existing homes rose 1.9 percent to a ...

US new-home sales slump for 4th straight month

Business 10/24/18, 10:27

Sales of new U.S. homes plunged 5.5 percent in September, the fourth straight monthly drop as the housing market cools with mortgage rates rising.The Commerce Department said Wednesday that newly built homes sold at a seasonally adjusted annual rate of ...

US home sales were flat in August

Business 09/20/18, 10:15

U.S. sales of existing homes were unchanged in August, as a shortage of houses priced at less than $250,000 — a level considered to be affordable for the middle class — has become a drag on the real estate market.The ...

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