Written by KB Home posted a smaller loss its fiscal first quarter, as the homebuilder saw signs of stability in the housing market. 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 »
Purchases of U.S. Existing Homes Fell in June
Sales of U.S. previously owned homes fell in June for a second month, adding to evidence the market will slump as the effects of a federal tax credit fade. 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 »
Homebuilder Confidence in U.S. Falls to One-Year Low
Builders in the U.S. turned more pessimistic in July than forecast, a sign the expiration of a government tax credit will depress home construction. READ MORE »