Mar 26th 2013 10:35AM
Sales of new U.S. single-family homes fell more than expected in February after hefty gains the previous month, but steady gains in home prices suggested the housing market recovery remains intact. The Commerce Department said on Tuesday sales dropped 4.6 percent to a seasonally adjusted annual rate of 411,000 units.... Continue Reading »
Mar 18th 2013 4:51PM
By Alex Veiga Confidence among U.S. homebuilders fell this month because of concerns that increased demand for new homes is exceeding supplies of ready-to-build land, building materials and workers. In the short term, those constraints could slow sales. But builders' outlook for sales over the next six months has... Continue Reading »
Feb 26th 2013 12:30PM
U.S. new-home sales jumped in January from the previous month to the highest level since July 2008, a sign that the housing recovery is accelerating. The Commerce Department said Tuesday that new-home sales rose nearly 16 percent in January to a seasonally adjusted annual rate of 437,000. The percentage increase was the... Continue Reading »
Jan 7th 2013 11:15AM
The number of new-home sales across the nation increased in November from both the month and year before, and experts say this is a good sign for the economy. Commerce Department data shows sales of new single-family properties bumped up 4.4 percent monthly and 15.3 percent annually during November, as the pace of sales... Continue Reading »
Dec 27th 2012 10:33AM
WASHINGTON (AP) - Americans bought new homes last month at the fastest pace in more than two and a half years, adding to other recent evidence that the housing market is steadily recovering. The Commerce Department says that sales of new homes rose 4.4 percent in November to a seasonally adjusted annual rate of 377,000.... Continue Reading »
