Real estate

WASHINGTON (AP) — U.S. home building fell last month after reaching a 12-year high in August, driven by a sharp decline in the construction of new apartments. Yet single-family home construction ticked higher for a fourth month. The Commerce Department said Thursday that overall housing starts...

WASHINGTON (AP) — U.S. home building fell last month, driven by a sharp decline in the construction of new apartments. The Commerce Department said Thursday that housing starts dropped 9.4% to a seasonally adjusted annual rate of 1.26 million. The construction of new apartments plunged 28.3% to an...

WASHINGTON (AP) — U.S. home building fell last month, driven by a sharp decline in the construction of new apartments. The Commerce Department said Thursday that housing starts dropped 9.4% to a seasonally adjusted annual rate of 1.26 million. The construction of new apartments plunged 28.3% to an...

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week amid continued uncertainty about the economy's outlook. Mortgage rates have been running near historic lows, a potential boon to homebuyers. Mortgage buyer Freddie Mac says the average rate on the 30-year, fixed-rate mortgage dipped to...

WASHINGTON (AP) — U.S. employers added a modest 136,000 jobs in September, enough to help lower the unemployment rate to a new five-decade low of 3.5%. Hiring has slowed this year as the U.S.-China trade war has intensified, global growth has slowed and businesses have cut back on their investment...

U.S. stocks rebounded from an early slide Wednesday afternoon after encouraging housing data and remarks by President Donald Trump indicating a trade deal with China could happen soon put investors in a buying mood. Strong gains from technology companies and banks helped brush off the market's...

U.S. new home sales jumped 7.1% in August, as low mortgage rates pull buyers into the housing market. The Commerce Department said Wednesday that new homes sales increased to a seasonally adjusted annual rate of 713,000, up from a revised 666,000 in July. So far this year, sales have risen a...

U.S. new home sales jumped 7.1% in August, as low mortgage rates pull buyers into the housing market. The Commerce Department says that new homes sales increased to a seasonally adjusted annual rate of 713,000, up from a revised 666,000 in July. So far this year, sales have risen a healthy 6.4%...

WASHINGTON (AP) — U.S. home prices rose in July from a year earlier by the smallest amount in seven years, as modest sales are forcing sellers to keep costs in check. The S&P CoreLogic Case-Shiller 20-city home price index moved up 2% in July from a year ago, down from a 2.2% annual gain in...

Major U.S. stock indexes ended mixed Thursday after an early rally lost its strength toward the end of the day. The S&P 500 managed to hold on to a tiny gain that extended its winning streak to a third day. The benchmark index, which is within 0.7% of its all-time high set July 26, ended the...