Existing home sales adult 6.5% as housing recovers

Existing home sales rose 6.5% in July, reaching their top turn in scarcely 4 years, a National Association of Realtors pronounced Wednesday. Homes sole during a 5.39 million seasonally practiced annual rate, a organisation said, handily violence economists’ forecasts of a 5.15 million sales pace. The sales rate was adult 17% from a same month […]

US Single-Family Home Starts Rise to Four-Year High

You need to capacitate Javascript to play media on Bloomberg.com Work began in Jan on a many U.S. single-family houses in over 4 years and permits for destiny projects climbed, environment a theatre for construction to keep adding to mercantile expansion in 2013. Builders pennyless belligerent on 613,000 houses during an annualized rate final month, […]

Surge in home construction expected to continue

A workman helps build a home Dec. 6 in a Cleveland suburb of Pepper Pike.(Photo: Tony Dejak, AP) WASHINGTON (AP) — The issue of a housing bust forced many homebuilders to dramatically scale behind construction on new homes to equivocate a risk of finale adult saddled with a trove of newly built, nonetheless unsold properties. […]