Feb 27th 2012 1:00PM
WASHINGTON -- The number of Americans who signed contracts to buy homes rose in January to the highest level in nearly two years, supporting the view that the housing market is gradually coming back. The National Association of Realtors said Monday that its index of sales agreements rose 2 percent last month to a... Continue Reading »
Jan 19th 2012 11:20AM
WASHINGTON -- Builders ended 2011 with a third straight year of dismal home construction and the worst on record for single-family home building. But improvement at the end of the year lifted hopes for a recovery. In December, builders broke ground on a seasonally adjusted annual rate of 657,000 homes, the Commerce... Continue Reading »
Jan 18th 2012 4:45PM
WASHINGTON -- U.S. homebuilders are growing a little less pessimistic about the depressed housing market after seeing more people say they might be open to buying a home this year. The National Association of Home Builders/Wells Fargo builder sentiment index rose four points to 25 in January. That's the highest level... Continue Reading »
Dec 20th 2011 10:00AM
WASHINGTON -- A surge in apartment construction gave homebuilders more work in November. And permits, a gauge of future construction, rose 5.7 percent, spurred by a jump in apartment permits. The 16 percent rise in permits provides hope for the housing market, though 2011 is still shaping up as one of the worst years in... Continue Reading »
Nov 16th 2011 12:30PM
WASHINGTON -- U.S. homebuilders are feeling a little less pessimistic about the struggling housing market. But their mood hasn't changed enough to signal a recovery anytime soon. The National Association of Home Builders says its builder sentiment index rose to 20 in November. That's the highest level since May 2010... Continue Reading »
