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 homebuilder
New home construction drops, but outlook brightens
New home construction fell to the lowest level of the year in June, but there were indications of increased activity in coming months, the government said Tuesday. READ MORE »
New-home sales rebound from record low in June
U.S. sales of new homes had a better-than-expected rebound in June after falling to record lows in May.
Sales rose 23.6% in June to a seasonally adjusted annual rate of 330,000, the Commerce Department reported Monday. READ MORE »
Pending Sales of Existing U.S. Homes Decrease 2.6%
The number of contracts to purchase previously owned houses unexpectedly fell in June, indicating demand kept unraveling after the expiration of a homebuyer tax credit. READ MORE »
Home Sales Probably Plunged and Goods Orders Rose as U.S. Recovery Slowed
Home sales probably plunged in July, and orders for long-lasting goods climbed for the first time in three months as the U.S. strained to sustain the recovery from the worst recession since the 1930s, economists said before reports this week. READ MORE »