Written by Purchases of new homes in the U.S. jumped in April to the highest level in two years as buyers rushed to qualify for a government tax credit before it expired at the end of the month. READ MORE »
Posts tagged foreclosure
Home Prices in 20 U.S. Cities Rose More Than Forecast
Home prices in 20 U.S. cities rose more than forecast in May from a year earlier as a government tax credit temporarily underpinned sales. READ MORE »
Consumer Credit in U.S. Fell $3.6 Billion in July, Fed Says
Consumer borrowing in the U.S. declined for a sixth straight month in July, indicating Americans are reluctant to take on more debt without faster job growth. READ MORE »
Foreclosure mess doesn’t dent bank stocks
Bank shares have proved resilient despite the widening U.S. foreclosure crisis, as investors view the growing furor over foreclosures as a procedural problem instead of a deeper issue of how homes are repossessed. READ MORE »
Foreclosure mess doesn’t dent bank stocks
Bank shares have proved resilient despite the widening U.S. foreclosure crisis, as investors view the growing furor over foreclosures as a procedural problem instead of a deeper issue of how homes are repossessed. READ MORE »