Housing Market, December | featured news

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December Topics

Confidence Rises Sharply, but Home Prices Fall

A monthly survey showed consumers’ confidence in the economy surged in December and was near a post-recession peak, although home prices fell in October in most major U.S. cities.

 

Pending Home Sales Rise

A forecasting gauge of existing-home sales rose in December, suggesting the housing market is steadying after sharp swings caused by a government tax credit.

 

Housing starts take surprise drop in December

Construction of new homes dipped unexpectedly last month in the U.S. as bad weather hit much of the country.

 

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