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Sales of New Homes Fell in December, but the Future Looks Bright for the Home-Building Industry

fstop123/iStock The numbers: Sales of newly-constructed homes in the U.S. dropped 0.4% on a monthly basis in December to a seasonally-adjusted annual rate of 694,000, the government reported Monday. That’s compared with a seasonally-adjusted pace of 697,000 set in November, which was revised downward from the original report released last month. Because of the sample size of the new-home […]

Home Prices Continued to Climb in November

Daniel Acker/Bloomberg via Getty Images Home-price growth accelerated in November, in the latest sign the home-sales market is picking up steam after a slow start to 2019. The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 3.5% in the 12 months to November, […]