WASHINGTON (AP) — U.S. home prices rose at a modest pace in November, held back by weaker sales and a limited number of houses for sale. Economists are hopeful that home sales and construction will rebound this year, partly because price gains are returning to levels consistent with a stable housing market. Lower mortgage rates, healthy hiring, and lower down payment requirements from mortgage giants Fannie Mae and Freddie Mac may also spur sales. "The housing market is heading in the right direction," said Stan Humphries, chief economist at real estate data provider Zillow. More inventory ...
Similar Stories to Us Home Price Gains Slow In November On Weaker Sales on Bing News
By CHRISTOPHER S. RUGABER, AP Economics Writer, San Antonio Express-News: World
Tue, 01/27/2015 - 8:56am
BING NEWS:
- Historic week ends with S&P above 5,300, Dow scaling 40K for the first time ever
The S&P 500 (SP500) on Friday added 1.54% for the week to end at 5,303.27 points, posting gains in three out of five sessions. Read more here.
05/17/2024 - 1:35 pm | View Link - Crude Closes Higher on Lower US Crude Stockpiles
WTI crude oil on Friday closed up +0.83 (+1.05%), and June RBOB gasoline closed up +3.64 (+1.43%). Crude oil and gasoline posted moderate gains on Friday, with crude climbing ...
05/17/2024 - 8:29 am | View Link - Crude Prices Have Support on Dollar Weakness and Tight Supplies
WTI crude oil today is up +0.29 (+0.37%), and June RBOB gasoline is up +1.75 (+0.69%). Crude oil and gasoline rose to 1-week highs today and are moderately higher. A weaker d ...
05/17/2024 - 4:42 am | View Link - How 2023's Housing Market Conditions Are Affecting the 2024 Housing Market
Despite being well into 2024 already, it's now possible—and important—to look back at the previous year as a reminder of those housing market conditions and how they're likely to affect the current ...
05/15/2024 - 9:24 am | View Link - CPI market outlooks, Netflix deal, AI in tech: Catalysts
On today's episode of Catalysts, co-hosts Seana Smith and Madison Mills explore market reactions to economic data, company announcements, and the latest developments in the AI sector. Market dynamics ...
05/15/2024 - 6:19 am | View Link - More
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