U.S. home-builder confidence buckles under pressure of high labor costs
By Siri Bulusu Confidence among U.S. home-builders reached a nine-month low in February, said a U.S. trade group Tuesday, after a series of lukewarm index figures fell shy of expectations in recent months. The report stated the Housing Market Index, compiled by the National Association of Home Builders and Wells Fargo, dropped 3 points to 58 […]
U.S. house prices continue to rise
By Katie Murar Housing prices, fueled by lower interest rates and a strengthening economy, continued to rise in November, two reports released Tuesday show. The November 2015 S&P/Case-Shiller Home Price Index for 20 cities, released by S&P Dow Jones Indices, show that home prices continued their rise across the country over the last 12 months. […]
