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By J.W. Jones |
May 23, 2013
Instead of trying to determine how or when the Federal Reserve will taper or end their monetary experiment, we wanted to juxtapose statements that were made today with the actual facts. Readers can draw their own conclusions.
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By Lorraine Woellert, Bloomberg |
May 23, 2013
Builders sold more U.S. new homes than projected in April as cheaper borrowing costs and job gains drew more buyers into the market.
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By Prashant Gopal, Bloomberg |
May 23, 2013
About 22 million Americans may lack enough home equity to move, keeping property listings tight and limiting sales as the housing market recovers, Zillow Inc. said.
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By Lorraine Woellert, Bloomberg |
May 22, 2013
Sales of previously owned U.S. homes rose in April to the highest level in more than three years as housing continued to gain momentum.
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By Agnieszka Troszkiewicz |
May 22, 2013
Copper reached a two-week high in London on concern a deadly mine accident will crimp supply.
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By Chris Burritt, Bloomberg |
May 21, 2013
Home Depot Inc., the largest U.S. home-improvement retailer, posted first-quarter profit that topped analysts’ estimates and raised its forecast for earnings this year as the housing rebound boosts renovation spending.
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By Toni Hansen |
May 18, 2013
Traders this week will watch housing market data, crude inventories, durable goods orders and the FOMC minutes.
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By Toni Hansen |
May 17, 2013
A number of housing reports will hit the markets next week for traders to watch, including existing sales, new sales and home prices.
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By Lorraine Woellert, Bloomberg |
May 16, 2013
Starts of new U.S. homes fell more than forecast in April to a five-month low, indicating a pause in the industry’s progress as builders slowed work on apartments. Building permits surged to an almost five-year high.
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By Lorraine Woellert, Bloomberg |
May 15, 2013
Confidence among U.S. homebuilders improved in May for the first time in five months as buyers rush to take advantage of near record-low mortgage rates.