US housing market »

  • H.S. Borji

    US homebuilder confidence declined unexpectedly in March, as supply chain issues and labour shortages clouded an otherwise positive assessment of the overall market. The housing market index, courtesy of the National Association of Home Builders, dropped two points to 53 in February. Economists forecast an increase of one point to 56. A reading above 50

  • H.S. Borji

    Contracts to buy existing homes rebounded in January, rising to the highest level since August 2013 in the latest sign more plentiful jobs and better credit conditions were boosting buyer demand. The pending home sales index, a forward-looking indicator of US home sales, rose 1.7 percent to 104.2 in January, following a 3.7 percent drop

  • H.S. Borji

    The sale of previously-owned US homes declined more than forecast in January, raising concern the housing recovery was losing momentum as inventory levels continue to tighten. Existing home sales declined 4.9 percent to a seasonally adjusted annual rate of 4.82 million in January, the National Association of Realtors reported today. A median estimate of economists

  • H.S. Borji

    US homebuilder confidence declined unexpectedly this month, as inclement weather and heavy snowfall clouded an otherwise improving housing market. The housing market index, courtesy of the National Association of Home Builders, dropped two points to 55 in February. Economists forecast an increase of one point to 58, putting the index only one point behind September’s

  • H.S. Borji

    Contracts to buy existing homes declined unexpectedly in December, but remained above year-ago levels for a fourth consecutive month in the latest sign the housing market was recovering in starts and stops heading into 2015. The pending home sales index, a forward-looking indicator of US home sales, declined 3.7 percent to 104.6 in December, following

  • H.S. Borji

    US homebuilder confidence was little changed in January, as current sales conditions held steady in the latest sign the housing recovery was gradually responding to declining mortgage rates and more plentiful jobs. The housing market index, courtesy of the National Association of Home Builders, dropped one point to 57, easing further below September’s nearly nine

  • H.S. Borji

    US construction spending declined unexpectedly in November, as weaker government outlays and business spending more than offset a moderate increase in private construction. The value of construction put in place declined 0.3 percent to $975.0 billion in November, following an upwardly revised gain of 1.2 percent in October, the Commerce Department reported today in Washington.

  • H.S. Borji

    Contracts to buy existing homes rose faster than forecast in November, shoring up expectations the housing recovery was still in full swing following a month of disappointing home sales. The pending home sales index, a forward-looking indicator of US home sales, increased 0.8 percent to 104.8 in November, following a decline of 1.2 percent a

  • H.S. Borji

    The sale of new US homes declined unexpectedly in November in the latest sign the uneven housing recovery was losing momentum toward the end of the year. New US home sales tumbled 1.6 percent to a seasonally adjusted annual rate of 438,000 in November, following a 0.7 percent gain the previous month, the Commerce Department

  • H.S. Borji

    The sale of previously-owned US homes plunged in November, raising concern the nascent housing recovery was losing momentum as inventory levels began to tighten. Existing home sales declined 6.1 percent to a seasonally adjusted annual rate of 4.93 million, the National Association of Realtors reported today. The sales pace was down sharply from October’s 2014

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