Latest Home sales News

FILE - In this Sept. 3, 2019, file photo a sign rests near a piece of earth-moving equipment, left, on a plot of land, in Westwood, Mass. On Monday, Jan. 27, 2020, the Commerce Department reports on sales of new homes in December. (AP Photo/Steven Senne, File)

US new-home sales slipped 0.4% in December

Jan. 27, 2020 10:09 AM EST

WASHINGTON (AP) — U.S. sales of newly built homes fell 0.4% in December, cooling slightly after low mortgage rates fueled gains for much of 2019. The Commerce Department said Monday that new single-family houses sold at a seasonally adjusted annual rate of 694,000 last month. But for all of 2019, sales...

US sales of newly built homes fell 0.4% in December, but 2019 was strongest year for sales since 2006

Jan. 27, 2020 10:02 AM EST
WASHINGTON (AP) — US sales of newly built homes fell 0.4% in December, but 2019 was strongest year for sales since 2006.
In this Jan. 9, 2020, photo a sold sign is posted on a real estate sign in front of the foundation of a pre-constructed home in Derry, N.H. On Thursday, Jan 23, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Charles Krupa)

Long-term US mortgage rates slump to 3-month lows

Jan. 23, 2020 11:27 AM EST

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week to their lowest level in three months, deepening the incentive for prospective homebuyers although they face eroded affordability as prices continue to climb. Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 23, 2020. Asian shares are mostly higher as health authorities around the world move to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. (AP Photo/Ahn Young-joon)

Asian shares higher despite growing impact of China virus

Jan. 23, 2020 12:42 AM EST

BANGKOK (AP) — Asian shares were mostly higher Thursday as health authorities around the world moved to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. China and other nations have ramped up screenings for fever on aircraft and at airports in measures that...

This Jan. 9, 2020, photo shows a sold sign is posted on a real estate sign outside a home in Derry, N.H. On Wednesday, Jan. 22, the National Association of Realtors reports on sales of existing homes in December. (AP Photo/Charles Krupa)

US home sales soared 3.6% in December

Jan. 22, 2020 11:30 AM EST

WASHINGTON (AP) — U.S. home sales climbed 3.6% in December, but a record-low inventory of houses on the market has caused prices to surge as affordability is worsening. The National Association of Realtors said Wednesday that sales of existing homes rose last month to a seasonally adjusted annual rate of...

This Week: Netflix earns, US home sales, Southwest earns

Jan. 20, 2020 1:11 AM EST

A look at some of the key business events and economic indicators upcoming this week: STREAMING WARS Netflix serves up its fourth-quarter results Tuesday. Financial analysts forecast the video streaming pioneer will report that its earnings and revenue increased in the final quarter of 2019. Investors will be...

FILE - In this Dec. 5, 2019, file photo trader James MacGilvray works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Monday, Dec. 30. (AP Photo/Richard Drew, File)

Asian shares track Wall Street retreat as year winds down

Dec. 30, 2019 11:18 PM EST

TOKYO (AP) — Asian shares were lower in quiet New Year's Eve trading, with many markets closed. Tuesday's declines tracked a broad retreat overnight on Wall Street that erased some of the major indexes’ recent gains, though the market remains on track to end the year with its best performance since...

FILE - This June 13, 2019, photo shows a house with a

Pending homes sales rebound in November

Dec. 30, 2019 10:30 AM EST

WASHINGTON (AP) — Americans signed more contracts to purchase homes in November, a rebound from the previous month, indicating that the housing market is still strong. The National Association of Realtors said Monday that its pending home sales index, which measures the numbers of purchase contracts...

This Week: Home sales, consumer confidence, Fed minutes

Dec. 30, 2019 1:10 AM EST

A look at some of the key business events and economic indicators upcoming this week: HOUSING MARKET BELLWETHER The National Association of Realtors issues its November tally of pending U.S. home sales Monday. The trade group's pending home sales index, which measures the number of purchase contracts signed, fell...

China, Japan stocks lower on Christmas

Dec. 25, 2019 1:03 AM EST

BEIJING (AP) — Japanese stock prices declined and Chinese markets were little-changed Wednesday while trading in most other Asian economies was closed for Christmas Day. Tokyo's Nikkei 225 lost 0.2% to 23,792.34 while the Shanghai Composite Index was up less than 1 off 2 points at 2,983.13. Malaysia's...