Sales of new single-family homes rose 12.4% in November, the fastest pace in seven months, with low mortgage rates continuing to fuel heightened demand
Sales of previously occupied U.S. homes rose for the third straight month in November, driven by strong demand, low mortgage rates and intense competition for a relatively low number of properties on the market
New home construction in the U.S. jumped 11.8% in November as builder confidence continues to rise amid strong demand
Chair Jerome Powell says the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation, which Powell acknowledged will likely persist well into next year
U.S. mortgage rates were mixed this week
Construction of new homes in the U.S. fell 0.7% in October, a sign that builders are still facing difficulties keeping up with demand as supply chain problems persist
Home Depot’s sales continued to climb through third quarter with the U.S. housing market red hot
Many people in Turkey are facing increased hardship as prices of food and other goods have soared
Shares have advanced in Europe and Asia ahead of virtual talks between President Joe Biden and Chinese President Xi Jinping