Real Estate
  • New home sales hit five-and-a-half year high in January

    New home sales hit five-and-a-half year high in January

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - Sales of new U.S. single-family homes surged to a 5-1/2-year high in January, possibly easing concerns of a sharp slowdown in the housing market. The Commerce Department said...

  • Lowe's outperforms Home Depot in stormy quarter

    Lowe's outperforms Home Depot in stormy quarter

    By Maria Ajit Thomas, Reuters

    (Reuters) - Lowe's Cos Inc reported strong growth in quarterly sales, showing that the No. 2 U.S. home improvement retailer was narrowing the gap with market leader Home Depot Inc. Lowe's shares rose...

  • U.S. housing recovery uneven across markets, study finds

    U.S. housing recovery uneven across markets, study finds

    By Margaret Chadbourn, Reuters

    WASHINGTON (Reuters) - The U.S. housing sector is likely to experience an uneven recovery over the next five years, with some local markets bouncing back faster than others, according to a study...

  • U.S. home price rise momentum weakens, consumer confidence falls

    U.S. home price rise momentum weakens, consumer confidence falls

    By Rodrigo Campos, Reuters

    (Reuters) - U.S. home price gains slowed in December, according to a closely watched housing survey on Tuesday that underscored a loss of momentum in the housing recovery, while consumer confidence...

  • Home prices rise more than forecast in December

    Home prices rise more than forecast in December

    By Reuters

    (Reuters) - U.S. single-family home prices in December rose slightly more than expected from the previous month, a closely watched survey showed on Tuesday. The S&P/Case-Shiller composite index...