Latest Home sales News

Rhode Island single-family home prices are up as sales slow

Nov. 28, 2021 11:13 AM EST

PROVIDENCE, R.I. (AP) — The median price of a single-family home in Rhode Island has continued to rise as the number of sales has slowed down, according to the Rhode Island Association of Realtors. The median price rose 12.7% in the past year, while the number of...

Housing market trends fuel single-family home rental growth

Nov. 24, 2021 14:20 PM EST

LOS ANGELES (AP) — Homebuilders and other real estate companies are increasingly betting that would-be homebuyers frustrated with a shortage of homes for sale and runaway prices will settle for renting their slice of the American Dream. While individual homeowners and...

US new homes sales rise 0.4% in October as prices climb

Nov. 24, 2021 10:31 AM EST

WASHINGTON (AP) — U.S. sales of new homes edged up 0.4% last month, coming in below expectations as housing prices continued to climb. The Commerce Department reported Wednesday that sales of new single-family homes rose to a seasonally adjusted annual rate of 745,000...

October existing home sales hit fastest pace since January

Nov. 22, 2021 11:28 AM EST

Sales of previously occupied U.S. homes ticked higher in October, marking their strongest annual pace since January even as competition for relatively few properties on the market pushed prices higher. Existing homes sales rose 0.8% last month from September to a...

This Week: Home sales, Best Buy earns, consumer spending

Nov. 22, 2021 01:14 AM EST

A look at some of the key business events and economic indicators upcoming this week: HOUSING MARKET BAROMETER The National Association of Realtors reports its October tally of U.S. home sales Monday. Economists predict sales of...

US home construction dips 0.7% in October, but permits jump

Nov. 17, 2021 09:13 AM EST

SILVER SPRING, Md. (AP) — Construction of new homes in the U.S. fell 0.7% in October, but a big jump in the number of permits last month points to anticipation by builders that supply chain problems that have dogged them for much of the year will soon ease. October's...

How major US stock indexes fared Tuesday

Nov. 16, 2021 16:24 PM EST

Wall Street closed higher Tuesday as investors reviewed solid earnings reports from retailers and an encouraging update on consumer spending. Home Depot rose 5.7% after the home improvement retailer reported surging sales and solid profits last quarter amid a hot housing...

Home Depot sales continue to surge in hot housing market

Nov. 16, 2021 09:59 AM EST

Home Depot's sales continued to climb through third quarter with the U.S. housing market red hot. Revenue rose 9.8% to $36.82 billion, exceeding the $34.97 billion Wall Street had expected, according to a survey by Zacks Investment Research. Sales at stores open at least...

US retail sales rise a healthy 1.7%, as Americans shrug off higher prices and spend more on appliances, cars and at home

Nov. 16, 2021 08:54 AM EST
WASHINGTON (AP) — US retail sales rise a healthy 1.7%, as Americans shrug off higher prices and spend more on appliances, cars and at home.

New home sales jumped 14% in September

Oct. 26, 2021 11:32 AM EDT

WSHINGTON (AP) — Sales of new homes jumped 14% in September to the fastest pace in six months as strong demand helped offset rising prices. The Commerce Department reported Tuesday that sales of new single-family homes rose to a seasonally adjusted annual rate of...