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By Lorraine Woellert, Bloomberg |
March 19, 2013
New U.S. home construction rose in February and building permits climbed to the highest level in almost five years, adding to signs of progress in the housing market that’s helping boost the economy.
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By Lorraine Woellert, Bloomberg |
March 18, 2013
Confidence among U.S. homebuilders unexpectedly fell for a second month in March, a sign the residential real-estate market will take time to strengthen.
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By Kathleen M. Howley, Bloomberg |
February 28, 2013
U.S. spending cuts scheduled to kick in tomorrow will constrain the availability of Federal Housing Administration mortgages that account for about a quarter of originations, threatening its role in the year-long housing recovery.
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By Caroline Salas Gage and Joshua Zumbrun, Bloomberg |
February 27, 2013
Federal Reserve Chairman Ben S. Bernanke said the central bank may decide to hold bonds on its $3.1 trillion balance sheet to maturity as part of a review of its strategy for an exit from record monetary easing.
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By Michael Shanahan and Rita Nazareth, Bloomberg |
February 27, 2013
Stocks rallied, sending the Dow Jones Industrial Average to the highest since October 2007, as Italy sold debt amid political turmoil and U.S. data bolstered confidence in the world’s largest economy.
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By Michelle Jamrisko, Bloomberg |
February 26, 2013
Home prices in 20 U.S. cities rose in the 12 months to December by the most in more than six years, a sign the housing-market recovery is strengthening.
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By Shobhana Chandra, Bloomberg |
February 21, 2013
Sales of previously owned U.S. homes increased in January, showing more momentum for the industry coming off its best year since 2007.
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By Shobhana Chandra, Bloomberg |
February 20, 2013
Builders broke ground in January on the most U.S. single-family homes in more than four years and permits for future construction rose, an indication the industry’s momentum carried over into 2013.
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By Liz Capo McCormick, Bloomberg |
February 19, 2013
As President Barack Obama starts his second term, the bond market is already telling him that the administration’s forecasts for economic growth over the next four years are too optimistic.
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By Shobhana Chandra, Bloomberg |
February 19, 2013
Confidence among U.S. homebuilders unexpectedly dropped in February from a more than six-year high, a sign the real-estate market will take time to accelerate.