Housing’s Long and Winding Road to Recovery

While home prices were falling last fall nearly nationwide, the pace of sales has picked up more recently. Overall, it seems clear that the worst of the housing debacle has passed. It’s just that the U.S. remains on a slow, gri…

October’s Home-Price Drop Keeps Housing as a Major Drag

The U.S. housing sector got another dose of sobering news Tuesday, as home prices in all 20 major cities tracked fell a worse-than-expected 1.3% in October from September. The S&P Case-Shiller index has now dropped for four str…

New-Home Sales Rise but Remain at Low Levels

One of these months, new-home sales are going to show that Americans have decisively returned to buying newly built residences. Unfortunately, November was not that month: New-home sales rose a less-than-expected 5.5% to a 290,…

November Home Sales Take Small Step Forward

Housing remains in a slow, but uncertain recovery, as existing-home sales increased a less-than-expected 5.6% last month, to a 4.68-million-unit annual rate. At least, home sales rose in every U.S. region, and inventories fell….