May sales of new single-family houses reached the highest level since April 2010, adding to evidence that the industry is no longer a drag on the broader U.S. recovery.Sales of newly built single-family homes rose to their highest level in more than two years last month, adding to evidence that the U.S.
Similar Stories to Rising New Home Sales Point To A Strengthening Housing Market on Bing News
By Alejandro Lazo and Tiffany Hsu, Los Angeles Times, Los Angeles Times
Mon, 06/25/2012 - 5:52pm
BING NEWS:
- Some relief for home buyers: Listings have increased in 90% of major housing markets
Home listings have ticked up across the U.S., providing the real-estate sector with much-needed supply, according to a report from ICE.
06/3/2024 - 5:26 am | View Link - Weekly Commentary: Thesis Corroboration
It was an eventful week worthy of some dissection. Markets for the most part corroborated the "higher for longer" and rising global yields thesis. Ample volatility supports the heightened currency ...
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Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...
05/31/2024 - 12:12 pm | View Link - Mortgage rates snap three-week pullback, pushing average rate on a 30-year home loan back above 7%
The average rate on a 30-year mortgage moved back above 7% this week, a setback for home shoppers at a time when the U.S. housing market is already slowing under the strain of elevated home loan ...
05/30/2024 - 11:52 am | View Link - Home Sales Are Stuck in Neutral—Will the Fed Put Them Into Gear?
Home sales have been depressed as mortgage rates have kept many from buying and selling houses. Interest rate cuts could bring them back to the market.
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