Written by 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 »
Posts tagged tax credit
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 »
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 »
Existing home sales soar in April
NEW YORK — Existing home sales soared in April as home buyers scrambled to claim the tax credit that expired at the end of the month, according to a real estate industry report released Monday. READ MORE »
New home sales plummet to record low
New home sales plummeted to a record low in May, the first month following the expiration of the homebuyer tax credit. This snapped a two-month streak of gains. READ MORE »