The humbled housing sector took a modest step forward last month as starts rose a better-than-predicted 3.9% to a 530,000-unit annual rate. Still, at the current pace, the nation is 18 to 24 months from seeing normal levels of …
In some parts of the U.S., the real estate market remains deep in recession. But even with housing prices sitting at multi-year lows, millions of houses remain empty, unable to attract buyers haunted by unemployment and a weak …
U.S. housing starts unexpectedly plunged 11.7% in October to a 519,000-unit annual rate, weighed down by a 47.5% decline in apartment and condo construction. But building permits, a leading indicator of future housing construc…
Technically, the homebuilder sentiment index inched one point higher to 16 in November. But the gain was offset by a revised one-point dip in October’s reading, and the numbers remain well below those seen during a healthy hous…
According to Case-Shiller data, home prices in the U.S. fell from July to August as the impact of the federal home buyer tax credit program waned. Prices rose on a year-over-year basis, but less than previously expected.
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