New home prices hold record high

Finishing touches are being put on new homes underneath construction final month in Carlsbad, Calif.(Photo: Lenny Ignelzi AP) Sales of new homes rose in Apr to a second top spin given a summer of 2008 while a median cost for a new home strike a record high, serve signs that housing is recovering. New-home sales […]

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. […]

New home sales strongest in some-more than 2 years

New home sales in Nov rose to their tip spin given 2010. New-home sales rose in November, recording their strongest gait in some-more than 2 years, another pointer of alleviation in a housing market. The Census Bureau reported Thursday that sales of new homes rose to an annual rate of 377,000 in a month, adult […]