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. […]