Housing Market, Earnings & Sales Reports | featured news

Shares were down after a disappointing report on home prices. Traders also took in a mixed batch of earnings in the United States and Europe.

Third-quarter earnings at the retailer fell 8.9 percent amid weak housing and renovation markets, but the retailer raised its full-year outlook.

Fannie Mae plans to tap $11 billion in new government aid after posting another massive quarterly loss as the taxpayer bill from the housing market bust keeps growing.

Sales of existing homes posted an unexpected increase last month, closing out the worst year for the U.S. real estate market in more than a decade on a surprising up note.