Real Estate
  • Housing recovery advances as resales hit two-year high

    Housing recovery advances as resales hit two-year high

    By Lucia Mutikani and Jason Lange, Reuters

    WASHINGTON (Reuters) - Home resales rose in August to their highest rate in more than two years and groundbreaking on new homes also climbed, signs that a budding housing market recovery is gaining...

  • A Reverse Robin Hood?

    Bernanke: A Reverse Robin Hood in Middle Class Clothing

    If you’re wondering why the rich are getting richer, ask Mr. Bernanke. President Obama has accused Mitt Romney of being a “reverse Robin Hood” – taking from the poor and giving to the rich...

  • Lowe's withdraws C$1.8 billion proposal to buy Rona

    Lowe's withdraws C$1.8 billion proposal to buy Rona

    By Euan Rocha and Dhanya Skariachan, Reuters

    (Reuters) - Lowe's Cos Inc said on Monday it has withdrawn its C$1.8 billion ($1.86 billion) proposal to buy Rona Inc in the face of opposition to the unsolicited bid from the Canadian home...

  • Homebuilding Stocks: Is It Too Late to Buy?

    By Suzanne McGee, The Fiscal Times

    Housing stocks have been on a tear – at least in relative terms – for months now, with the S&P index of homebuilders dramatically outpacing the broad S&P 500 benchmark. Is it time to double...

  • New round of quantitative easing biggest yet?

    New round of quantitative easing biggest yet?

    By Ann Saphir, Reuters

    CHICAGO (Reuters) - The U.S. Federal Reserve's third round of bond-buying could ultimately rival the size of its first huge quantitative easing, which was widely seen as boosting growth. The sheer...