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US home price growth slowed in October

U.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall. The S&P CoreLogic Case-Shiller 20-city home price index rose 5 percent from a year earlier, down from an ...

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US home sales rose 1.9 percent in November

U.S. home sales increased in November for the second straight month, but sales plummeted 7 percent from a year ago amid growing affordability pressures. The National Association of Realtors said Wednesday that sales of existing homes rose 1.9 percent to ...

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Pending home sales fell 2.6 percent in October

Pending home sales sank in October, as higher mortgage rates have worsened the affordability of home ownership and dampened enthusiasm among would-be buyers. The National Association of Realtors said Thursday that its pending-home-sales index fell 2.6 percent last month to ...

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Home construction rose 1.5 percent in October

U.S. home construction improved a slight 1.5 percent in October, however, in a troubling sign, ground breakings for single-family houses fell. The Commerce Department said Tuesday housing starts rose to a seasonally adjusted annual rate of 1.23 million, up from ...

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Construction spending flat in September

Spending on U.S. construction projects was essentially unchanged in September, the weakest showing since June, as an increase in home construction was offset by a slide in spending on government projects. The Commerce Department said Thursday that the flat reading ...

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