Construction/Real Estate
- Stock Market
U.S. pending home sales rise 2.5% in December. Realtors say the housing market is in recovery mode.
The numbers: U.S. pending-home sales rose 2.5% in December, reversing a six-month losing streak, according to the monthly index released…
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U.S. new home sales rise by 2.3%, despite broader sector weakness
The numbers: U.S. new home sales rose 2.3% to a seasonally-adjusted rate of 616,000 in December, from a revised 602,000…
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U.S. existing-home sales fall for the eleventh straight month in December
The numbers: U.S. existing-home sales fell 1.5% to a seasonally adjusted annual rate of 4.02 million in December, the National…
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Some home builders are offering mortgage rates as low as 3%. Here’s how — and why — they’re doing it.
Home builders are playing hardball by offering mortgage rates as low as 3% on new homes to boost buyer demand.…
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U.S. building permits fall 11.2% in November, while housing starts only dip slightly
The numbers: Construction on new U.S. homes fell a seasonally adjusted 0.5% in November to 1.43 million, the Commerce Department…
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The worst air in the world today is in these two American cities
People in the Pacific Northwest now have another reason to put on a mask: dangerous air because of recent wildfires.…
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Home builders sentiment index falls for record tenth month in a row in October. Home builders say the ‘situation is unhealthy and unsustainable.’
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence fell 8 points to 38 in October, the trade…
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Many young people shouldn’t save for retirement, says research based on a Nobel Prize-winning theory
Most financial planners advise young people to start saving early — and often — for retirement so they can take…
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Lost Sanibel causeway and ‘reversed’ Tampa Bay: Why Ian will rank among worst hurricanes in Florida history
Hurricane Ian slammed into Florida’s Gulf Coast on Wednesday, striking the popular tourist islands of Sanibel and Captiva — in…
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U.S. employment costs accelerate in first quarter, adding to inflation worries
The numbers: The U.S. employment cost index rose 1.4% in the first quarter, up from a 1% gain in the…
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