Aug 22nd 2012 1:15PM
By Christopher S. Rugaber WASHINGTON -- Americans bought more homes in July than in June, the latest evidence that the housing market is slowly, but steadily, improving. Sales of previously occupied homes rose to a seasonally adjusted annual rate of 4.47 million in July, a 2.3 percent increase from the previous month'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 »
May 15th 2012 1:35PM
In what may go down as a banner day for the housing market, three pieces of good news out today point to the possibility of a recovery on multiple fronts. Homebuilder confidence hit a five-year high, while housing affordability -- an index based on the relationship between median home prices, median family incomes, and... Continue Reading »
Nov 16th 2010 10:07AM
Homebuilder confidence is growing as more buyers plan to buy in the near future. The housing market index, an expression of builder sentiment, ticked up slightly in November, according to the National Association of Home Builders. The second positive move in two months does not reflect a significant traffic increase at... Continue Reading »
Oct 18th 2010 10:03AM
Signs of improvement in the new homes market made an unexpected appearance this morning. The National Association of Home Builders/Wells Fargo housing market index increased 3 points, to 16, in October, meeting the level reached in June. Many economists expected the index to remain flat at 13. The index measures builder... Continue Reading »
