Existing Home Sales Rise, But Still Restrained
Sales of existing homes climbed to the highest pace in eight months, though weak economic conditions are keeping activity from being more vigorous.
Housing Starts Data Disappoint
Economists who had been expecting housing starts to turn higher last month were disappointed thanks to a tumble in the South.
Home Builder Optimism Jumps
U.S. home builders turned more optimistic this month as home buyers seemed increasingly eager to land some new digs.
Pending Home Sales Beat Expectations
The number of pending signed contracts on existing homes jumped by the biggest amount in more than four years -- blowing past expectations.
Stellar New Home Sales Report
As was the case for existing home sales last month, the nation's new home sales soared and blew past analysts' expectations.
Home Price Gains Fall Flat
The latest reading on home prices was weak, with one home-price index reflecting a less than 1 percent month-over-month gain and another standing still.
Existing Home Sales Provide Some Optimism
A month-over-month increase in existing home sales was the biggest in nearly three years and provided a bit of optimism for market watchers.
New Home Data Disappoints
Monthly government data on new home construction was worse than expected. Residential building permits, however, were better.
Housing Rebound Seen in 2nd Half
Increased demand, a low supply of desirable homes for sale and tight rental market conditions are expected to spark a housing market rebound in the second half of this year.
Home Builder Confidence Edges Higher
After several months of little movement, the level of confidence among the nation's home builders made an improvement this month.