U.S. stocks were little changed, indicating the benchmark Standard & Poor’s 500 Index will remain near a five-year high, after government data showed builders broke ground on the most single-family homes in more than four years.
Stocks remain unchanged due to housing data
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Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.