Housing market

The number of Americans filing new applications for unemployment benefits fell more than expected last week and confidence among homebuilders held at a more

Foreclosure activity across the United States dropped to its lowest in a decade during the first half of 2015, according to data released Thursday.

Construction spending in the U.S. rose in August for a fifth consecutive month, propelled by the strongest outlays on homebuilding in five years.
Almost 36% of all U.S. new homes sold in May weren’t yet under construction, close to a seven-year high and signaling sustained strength in homebuilding as companies try to catch up.
Construction on new homes rose in October, beating analysts’ expectations and signaling a continued recovery in the housing market.
The upswing in the housing sector appears to be continuing, as two reports came out indicating growth in the key sector of the economy.
Following the release of stronger-than-expected manufacturing and retail sales numbers earlier in the week, Wednesday we learned housing starts surged 15% in September over the previous month.