Sep 19th 2012 12:00PM
By Christopher S. Rugaber WASHINGTON -- A jump in sales of previously occupied homes and further gains in home construction suggest that the U.S. housing recovery is gaining momentum. Sales of previously occupied homes rose 7.8 percent in August from July to a seasonally adjusted annual rate of 4.82 million, the National... Continue Reading »
Sep 18th 2012 11:55AM
By Alex Veiga LOS ANGELES -- Confidence among U.S. homebuilders rose this month to its highest level in six years and many expect the housing recovery will strengthen in the next six months. The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday increased to 40 in September. That's... Continue Reading »
Aug 16th 2012 2:30PM
By Leah Shnurr NEW YORK, Aug 15 (Reuters) - U.S. homebuilder sentiment rose in August to its highest level in more than five years, a fresh sign that the battered housing market is turning the corner, data from the National Association of Home Builders showed on Wednesday. The NAHB/Wells Fargo Housing Market index gained... Continue Reading »
Aug 14th 2012 3:30PM
By Les Christie NEW YORK -- It just got a little harder for most Americans to buy a home, according to an industry survey. Nearly 74 percent of the new and existing homes sold in the three months ended June 30 were affordable to families who earn the national median income of $65,000, according to the National... Continue Reading »
Jul 17th 2012 1:30PM
By Kerri Ann Panchuk Homebuilder confidence rose six points in July, its steepest one-month increase in over a decade, according to a new report from the National Association of Home Builders. The NAHB released the Housing Market Index that it compiled in tandem with Wells Fargo on Tuesday. The report shows the Home... Continue Reading »
