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Early estimates suggest the tragic tornado outbreak in Oklahoma this week resulted in $2 to $5 billion in insured property losses, according to weather risk-monitoring firm EQECAT.
But calculating accurate property damage estimates in the wake of...
New home sales ascended in April, rising to 454,000 homes sold. New single-family home sales inched up 2.3% in April, above the revised March rate of 444,000.
April sales are up a dramatic 20% from the year-ago estimate of 352,000, according to data from the Census Bureau...
New home sales ascended in April, rising to 454,000 homes sold. New single-family home sales inched up 2.3% in April, above the revised March rate of 444,000.
April sales are up a dramatic 20% from the year-ago estimate of 352,000, according to data from the Census Bureau...
Upward momentum in home prices remained strong in the first quarter of this year due to the Federal Reserve quantitative easing program, which continues to help asset prices rise in the housing market.
As a result, home prices inched upward 1.9% from the previous quarter...
Upward momentum in home prices remained strong in the first quarter of this year due to the Federal Reserve quantitative easing program, which continues to help asset prices rise in the housing market.
As a result, home prices inched upward 1.9% from the previous quarter...
The Architecture Billings Index switched gears in April, falling to 48.6 from a mark of 51.9 in March, according to the AIA Economics & Market Research Group.
The ABI reflects an approximate nine to 12 month lag in time between architecture billings and...
After falling in March, existing-home sales increased in April, although they were still not enough to meet underlying demand due to limited inventory and tight credit, reports the ...
After falling in March, existing-home sales increased in April, although they were still not enough to meet underlying demand due to limited inventory and tight credit, reports the ...
The nascent housing recovery pushed The Home Depot’s first-quarter sales 7.4% higher as the company recorded net earnings of $1.226 billion, or 83 cents a share, up 18% from $1.035 billion, or 68 cents a share, a year earlier.
The Atlanta-based home improvement retailer...
The housing sector may finally become a direct and meaningful contributor to U.S. economic growth in 2013 and beyond, according to NewOak CEO and Co-Founder Ron D’Vari.
D’Vari expects the sector to provide an estimated 0.5%...
The year’s solid economic start faded late in the first quarter, but the recent setback is a temporary one, analysts claim.
The slow in activity is partly due to ongoing fiscal drags, including the budget sequester. However, a modest reacceleration is expected in the second half of this...
The year’s solid economic start faded late in the first quarter, but the recent setback is a temporary one, analysts claim.
The slow in activity is partly due to ongoing fiscal drags, including the budget sequester. However, a modest reacceleration is expected in the second half of this...
In a recent homebuilding note, Jay McCanless, an analyst for Sterne Agee, encourages investors to take advantage of the weakness created by national housing reports. The analyst recommends buying Meritage Homes, D.R. Horton and The...
In a recent homebuilding note, Jay McCanless, an analyst for Sterne Agee, encourages investors to take advantage of the weakness created by national housing reports. The analyst recommends buying Meritage Homes, D.R. Horton and The...
Freddie Mac in its latest housing outlook made the claim that housing is the "juice" needed for the economic recovery to fully accelerate.
This is especially true when looking at the potential for building construction to spur economic...