Sales of new single-family homes are rebounding with a 6.4% increase in April to an adjusted annual rate of 433,000 units, according to the Commerce Department reports. This is the first upswing in new-home sales following two consecutive months of … Continue reading
Monthly Archives: May 2014
The health of housing is key for the overall state of the U.S. economy and housing stands poised to serve as an engine of job growth with the right policies in place, the National Association of Home Builders (NAHB) told … Continue reading
A growing economy, pent-up demand, competitive mortgage rates and affordable home prices will keep housing on an upward path through 2015. However, several obstacles including tight consumer credit, shortage of lots and labor and rising material prices are hindering a … Continue reading