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Real estate

FILE - In this Oct. 22, 2019, file photo a sign stands outside a home for sale in southeast Denver. On Thursday, Dec. 5, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski)
December 05, 2019 - 1:32 pm

US long-term mortgage rates steady; 30-year loan at 3.68%

WASHINGTON (AP) — U.S. long-term mortgage rates held steady this week amid mixed signs in the housing market. Rates remain at historically low levels as a lure to prospective homebuyers. Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year fixed-rate mortgage was unchanged...
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FILE - In this Nov. 14, 2019, file photo specialist James Denaro, right, works with traders at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Monday, Dec. 2. (AP Photo/Richard Drew, File)
December 02, 2019 - 4:51 pm

US stocks stumble amid trade tensions, weak economic data

Technology companies led a broad slide for stocks on Wall Street Monday, handing the market a downbeat start to the month after notching strong gains in November. Industrial, communication services and financial stocks also accounted for a big share of the sell-off. Energy stocks notched the...
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In this Wednesday, Nov. 27, 2019 photo workers use a lift while working on a new building in Boston's Seaport district. On Monday, Dec. 2, the Commerce Department reports on U.S. construction spending in October. (AP Photo/Steven Senne)
December 02, 2019 - 11:56 am

US construction spending falls 0.8% in October

WASHINGTON (AP) — Spending on U.S. construction projects fell 0.8% in October, dragged down by declines in apartment and multi-family homebuilding. Private construction spending declined 1% in October, the Commerce Department said Monday. That follows another significant 1.1% decline in September...
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FILE - In this Oct. 22, 2019, file photo a sign stands outside a home for sale in southeast Denver. On Wednesday, Nov. 27, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/David Zalubowski, File)
November 27, 2019 - 11:35 am

US mortgage rates edge up slightly, 30-year at 3.68%

WASHINGTON (AP) — U.S. mortgage rates crept slightly higher this week but remain at low levels that could encourage more home-buying. Mortgage buyer Freddie Mac said Wednesday that the average rate on a fixed 30-year mortgage ticked up to 3.68% from 3.66% the previous week. The average 15-year...
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FILE - In this Aug. 16, 2019, file photo an under contract sign is posted outside a home Park Avenue in Richmond, Va. On Wednesday, Nov. 27, the National Association of Realtors releases its October report on pending home sales, which are seen as a barometer of future purchases. (AP Photo/Steve Helber, File)
November 27, 2019 - 10:36 am

Pending US home sales fell 1.7% in October amid short supply

WASHINGTON (AP) — Americans signed fewer contracts to purchase homes in October, as would-be buyers struggled to find available properties. The National Association of Realtors said Wednesday that its pending home sales index, which measures the number of purchase contracts signed, fell 1.7% last...
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A man walks by an electronic stock board of a securities firm in Tokyo, Wednesday, Nov. 27, 2019. Shares were mostly higher in Asia on Wednesday after a fresh set of record highs on Wall Street, spurred by encouraging signs on trade talks between the U.S. and China. (AP Photo/Koji Sasahara)
November 27, 2019 - 7:44 am

World markets mostly rise on trade optimism

BEIJING (AP) — World shares mostly rose Wednesday, spurred by optimism over trade talks between the U.S. and China. Investors are meanwhile awaiting new U.S. home sales data, a key measure of inflation, and Washington’s latest quarterly estimate of economic growth. Britain’s FTSE 100 gained 0.4% to...
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A man walks by an electronic stock board of a securities firm in Tokyo, Wednesday, Nov. 27, 2019. Shares were mostly higher in Asia on Wednesday after a fresh set of record highs on Wall Street, spurred by encouraging signs on trade talks between the U.S. and China. (AP Photo/Koji Sasahara)
November 27, 2019 - 3:48 am

World markets mixed after US shares forge new highs

BEIJING (AP) — World shares were mixed Wednesday after Wall Street benchmarks set fresh highs, spurred by optimism over trade talks between the U.S. and China. Investors are awaiting fresh U.S. home sales data, a key measure of inflation, and Washington’s latest quarterly estimate of economic...
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FILE - In this Sept. 3, 2019 file photo a sign rests in front of a newly constructed home, in Westwood, Mass. On Tuesday, Nov. 26, the Commerce Department reports on sales of new homes in October. (AP Photo/Steven Senne, File)
November 26, 2019 - 10:22 am

New home sales slipped 0.7% in October but remain solid

WASHINGTON (AP) — Sales of new homes dipped slightly in October compared with September but remain well above levels of a year ago, with lower mortgage rates helping spur a rebound in purchases. The annual rate of single-family new-home sales slipped 0.7% last month to a seasonally adjusted 733,000...
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November 21, 2019 - 10:14 am

US home sales rose 1.9% last month, lifted by lower rates

WASHINGTON (AP) — Americans purchased more homes in October, though sales were held back by a shortage of available properties. The National Association of Realtors said Thursday that sales of existing homes rose 1.9% last month to a seasonally adjusted annual rate of 5.46 million. That’s 4.6%...
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November 19, 2019 - 8:33 am

US housing starts climbed 3.8% in October

WASHINGTON (AP) — U.S. home building jumped 3.8% in October, a positive sign for the overall economy as developers anticipate steady demand. The Commerce Department said Tuesday that housing starts reached a seasonally adjusted annual rate of 1.31 million. Starts for single-family houses were up 2...
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