New Home Sales

New Home Sales Fall to 5-Month Low

Sales of new U.S. single-family homes fell more than expected and hit a five-month low in February, pointing to continued weakness in the housing market.

New Home Sales Surge Nearly 10% in January

Sales of new U.S. single-family homes surged in January to a level not seen in more than 5 years, which could ease concerns of a sharp slowdown in the housing market.

New Home Sales Not So Merry in December

Sales of new U.S. single-family homes fell more than expected in December, but lean inventories and steady price gains suggested sufficient strength in the housing market.

U.S. New-Home Sales Jump to Highest in 4.5 Years

U.S. new-home sales jumped in January from the previous month to the highest level since July 2008, a sign that the housing recovery is accelerating. New-home sales rose nearly 16 percent in January to a seasonally adjusted annual rate of 437,000, the largest percentage increase in nearly 20 years.

U.S. Home Sales Rise to 2nd-Highest Pace in 3 Years

U.S. sales of previously occupied homes rose in January to the second-highest level in three years, a sign the housing market is maintaining its recovery and helping to bolster the economy. The National Association of Realtors said Thursday that sales rose 0.4 percent in January compared with December.

Guess What Wall Street's Doing With Foreclosed Homes?

Despite the new housing construction boom, there are still lots of empty foreclosures out there, which banks have been trying to rent. But now, Wall Street wants to bundle those rental properties into securities and sell them to investors. Does this sound disturbingly familiar?

U.S. New-Home Sales Fell in Dec., Sales for Year Up

The housing market is back, but how strong will it be this year? New home sales were weaker than expected in December, down nearly eight percent from a year earlier. But the housing recovery for all of 2012 was surprisingly strong after the collapse that started four years earlier.

U.S. New-Home Sales Rise to Highest in 2.5 Years

U.S. sales of new homes jumped last month to the highest level in more than two years, further evidence of a sustained housing recovery that could help lift the lackluster economy. The Commerce Department said Wednesday that new home sales rose 5.7 percent in September to a seasonally adjusted annual rate of 389,000.

KB Home: Why This Homebuilder Will Never Be Great Again

Most homebuilders saw their shares pop higher Tuesday after heavyweight Lennar released better-than-expected quarterly numbers -- but not KB Home. In fact, its shares actually fell. Here's why KB isn't invited to the housing recovery party.

What to Watch This Week: Malls, Tech, Homes and Papers

With 2012's first earnings season well under way, let's go over some of the items that will help shape the week that lies ahead: Here's why you should be watching one major mall owner, two tech giants, three homebuilders and a couple of old media behemoths.

New-Home Purchases Fall, 2011 Worst Ever for Sales

Fewer people bought new homes in December, making 2011 the worst sales year on record. The Commerce Department said Thursday new-home sales fell last month to a seasonally adjusted annual pace of 307,000. The pace is less than half the 700,000 that economists say must be sold in a healthy economy.

New-Home Sales Up in Nov. But 2011 Figures Dismal

Americans bought slightly more new homes in November, but 2011 will likely end up as the worst year for sales in history. The Commerce Department says new-home sales rose 1.6 percent last month to a seasonally adjusted annual rate of 315,000. That's less than half the 700,000 new homes that economists say should be sold to sustain a healthy housing market.

New-Home Sales Tick Up As Builders Slash Prices

Sales of new homes rose in September after four straight monthly declines, largely because builders cut their prices in the face of depressed demand. Analysts say the modest increase on the back of reduced prices suggests the struggling housing market is years away from a turnaround.

Advice on Juggling Higher Bills, New Business

Cassandra and her husband have seen major life changes in the past few months: A new house in the NYC suburbs, bills that suddenly exceed his salary, and a new business for her. But though her consulting firm is thriving, now she's got a different problem: how to properly take money out of it. DailyFinance drafted an expert to help.

Homebuilders Missing Out on the Economic Recovery

For homebuilders, it hardly feels like an economic recovery. Nearly two years after the recession ended, the pace of construction is less than half the level considered healthy. That weakness is weighing on the economy: Though new homes represent a small portion of overall sales, they have an outsized effect on jobs.