Real Estate
  • Existing home sales fall 1.5 percent in May

    Existing home sales fall 1.5 percent in May

    By Reuters

    WASHINGTON (Reuters) - Home resales fell in May and the median sales price rose only because of a drop in sale of lower priced homes, casting a shadow on the country's nascent housing market recovery...

  • Fed Projects Anemic Growth of 1.9 Percent

    By Merrill Goozner, The Fiscal Times

    The Federal Reserve Board voted to do nothing more than extend Operation Twist at the policy-setting meeting that concluded Wednesday, but it must have been a close call.Fed economists are now...

  • Fed ramps up economic stimulus, ready to do more

    Fed ramps up economic stimulus, ready to do more

    By Mark Felsenthal and Pedro da Costa, Reuters

    WASHINGTON (Reuters) - The Federal Reserve on Wednesday delivered another round of monetary stimulus and said it was ready to do even more to help an increasingly fragile economic recovery. The...

  • Data suggests U.S. housing recovery on track

    Data suggests U.S. housing recovery on track

    By Jason Lange, Reuters

    WASHINGTON (Reuters) - Housing starts fell in May from a 3-1/2 year high, although permits to build new homes rose sharply, suggesting a nascent housing recovery remains on track. The Commerce...

  • What the Recession Really Cost American Families

    The political finger-pointing about the reported 40 percent drop in the median net worth of American families may have obscured some larger points about just how much those families have done to...