Wednesday, April 7, 2010 as of 11:14 AM ET
The National Association of Home Builders (NAHB) is one of the largest trade associations in the United States.
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S. home building grew in April, the latest sign that the recovery may be strengthening in the long-struggling market.Home construction increased 2.6% from March to a seasonally adjusted annual rate of 717,000, the Commerce Department said Wednesday. Year-over-year, starts were up nearly 30%.Economists surveyed by Dow Jones Newswires had forecast April's housing starts would grow to a seasonally adjusted annual rate of 685,000. That would have been a 4.7% jump from the prior month's previously reported figures.March starts, however, were revised significantly upward to a rate of 699,000 starts from a previously reported 654,000. The newly stated data reflects a 2.6% decline from February.Construction of single-family homes, which made up 69% of housing starts last month, grew 2.3% in April and was up 18.8% from a year ago. Meanwhile, multifamily homes with at least two units increased by 3.2% in April.In a speech Tuesday, Federal Reserve Gov. Elizabeth Duke cited several positive sign...========================================================== New Home Sales Mar Feb ! Consensus: ! Overall Sales: 328K 353Kr ! 320K ! Percentage Change: -7.1% 7.3%r ! ...
In most parts of the country, a new home is hard to find."The inventory of unsold new homes is at its lowest level in history," said David Crowe, chief economist for...
Tax Day has passed, but small business owners are likely still recovering from the burden they face each year to file. The House Small Business Committee held a hear...
========================================================== U.S. Housing Starts Mar Feb ! Consensus: ! Total Starts: -5.8% -2.8%r ! +0.7% ! Single-Family: -0.2% -9.0%...
Treasury prices recovered and yields fell on Monday as home-builder sentiment weakened in April for the first time in seven months. Yields on 10-year notes , which h...
U.S. home builders' confidence in the housing market slipped in April for the first time in seven months, as consumers didn't go ahead with purchases despite having ...
Home-builder sentiment dropped in April for the first time in seven months, as growing traffic at new-build sites hasn't yet led to sales. The National Association o...
Sales of new homes in the U.S. fell for the second consecutive month in February, an indication that the housing market remains shaky in the aftermath of a severe bu...
========================================================== New Home Sales Feb Jan ! Consensus: ! Overall Sales: 313K 318Kr ! 325K ! Percentage Change: -1.6% -5.4%r !...
U.S. home building fell in February, but permits for new construction reached their highest levels in nearly 3 1/2 years, showing the uneven nature of the years-long...
WASHINGTON -- U.S. home building fell in February, but permits for new construction reached their highest levels since 2008, showing the uneven nature of the years-l...
========================================================== U.S. Housing Starts Feb Jan ! Consensus: ! Total Starts: -1.1% +3.7%r ! +1.3% ! Single-Family: -9.9% +0.4%...
========================================================== U.S. Housing Starts Apr Mar ! Consensus: ! Total Starts: +2.6% -2.6%r ! +4.7% ! Single-Family: +2.3% +2.3%...
U.S. home builders' sentiment rose in May to the highest level in five years as more potential buyers appeared confident that the housing market has hit bottom.The N...
Home builder sentiment improved in May to the highest reading since the recession on an upturn in sales and traffic, a trade group said Tuesday. The National Associa...
Companies will report their earnings next week and housing data is due that might shed some light on that beleaguered sector. But nothing will compare to the hoopla ...
Earnings from the retail segment will continue next week, with results due from giants Wal-Mart Stores Inc. (WMT) and Target Corp. (TGT).Social networking giant Face...
"The Boomer" is a column written for adults nearing retirement age and those already in their "golden years." It will also promote reader interaction by posting e-ma...
Sales of new homes in the U.S. slipped in March after February's figures were much stronger than first reported, showing that the long-struggling housing market cont...
