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New Home Sales See a Spring Bump in March
Sales of new homes rose in March as prices also recovered from a dip in the prior month. New single-family homes sold at an annual rate of 693,000 in March, up from the downwardly revised 637,000 in ... Read More
US new home sales rebound to six-month high; rising mortgage rates a concern
New home sales jumped 8.8% to a seasonally adjusted annual rate of 693,000 units last month, the highest level since September, the Commerce Department's Census Bureau said. The sales pace for ... Read More
US new home sales surged in March despite elevated mortgage rates
Sales of newly built single-family homes in the United States soared in March despite mortgage rates remaining elevated that month. Read More
Why Did Zillow Stock Fall 11% Last Month?
Last month, the National ... has been encouraging: New home starts increased 11.6% in February, reaching the highest level in two years. The volume of existing home sales also increased 9.5% ... Read More
Sales of new homes inched down in February
The numbers: Sales ... home sold in February fell to $400,500 from $414,900 in the prior month. The supply of new homes for sale rose 1.2% between January and February. New-home sales fell sharply ... Read More
Fed rate cuts in doubt as rising housing costs stall progress on inflation
Expensive home prices and rents complicate the outlook for the economy and President Biden’s reelection campaign. Read More
Toronto home sales fall for second month in March; prices rise
TORONTO, April 3 (Reuters) - Greater Toronto area home sales fell in March for a second straight ... Average home prices increased 0.7% last month to C$1.09 million ($803,420), the highest since ... Read More
Tesla sales drop as competition in the electric vehicle market heats up
Tesla sales fell sharply last quarter as competition in the electric vehicle market increased worldwide and price cuts the company enacted months ago failed to entice more buyers. The Austin ... Read More
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
Russia’s deputy defence minister Timur Ivanov has been detained on suspicion of receiving a bribe, the country’s top investigative police agency has said. “Corresponding investigative actions are ... Read More
Weekly Indicators: Industrial Commodity Prices Spike To 12-Month High
Discover the latest financial trends: long leading indicators hold steady, while short leading indicators show some improvement. Click for the full look ahead. Read More
Existing-home sales dip, but prices keep rising
Sales of existing homes fell, and more listings hit the market. After dipping below 4 million in recent months, the annual ... However, in a bit of good news, the share of first-time homebuyers ... Read More
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