Toll Brothers Profit Rises as Housing Market Rebounds
Toll Brothers posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices.
home builders
U.S. Housing Starts Slowed to 861,000 in November
U.S. builders broke ground on fewer houses in November after starting work in October at the fastest pace in four years. Superstorm Sandy likely slowed starts in the Northeast.
U.S. Home Prices Rising in August Evidence of Steady Housing Recovery
Home prices rose in August in nearly all U.S. cities, and many of the markets hit hardest during the crisis are starting to show sustained gains. The increases are the latest evidence of a steady housing recovery.
New Home Sales Surge Ahead in May at Fastest Pace in 2 Years
Americans bought new homes in May at the fastest pace in more than two years. The 7.6% increase suggests a modest recovery in the housing market is continuing, despite weaker job growth.
Homebuilder Confidence Index Goes Nowhere
Technically, the homebuilder sentiment index inched one point higher to 16 in November. But the gain was offset by a revised one-point dip in October's reading, and the numbers remain well below those seen during a healthy housing market.
Homebuilder Confidence Rises for First Time in Months
Home builder confidence unexpectedly rose in October, the National Association of Home Builders said Monday. What's more, while the housing sector still faces many hurdles -- including the U.S. economy's health -- the group added that it has detected a slight increase in Americans considering a home purchase.
Homebuilder Confidence Remains Low
Inadequate job growth and a rising supply of unsold homes continue to weigh on the housing market. The homebuilder confidence index remained unchanged in September -- its lowest level since March 2009.
Homebuilder Confidence Falls to a 17-Month Low
The U.S. housing sector took another hit this month as homebuilder sentiment unexpectedly fell to 13 in August from 14 in July. The measure has been drifting lower since the federal homebuyers tax credit expired this spring.
Homebuilders Losing Faith as Tax Credit Ends
The U.S. real estate market recorded another setback in July: The National Association of Home Builders reported that its Housing Market Index fell to 14 from 16 in June, with builder confidence waning and sales dipping after the expiration of the federal home-buyers tax credit.
Homebuilders Gain Some Confidence in February
The markets received some hopeful news on the housing front, as a key measure of homebuilder confidence unexpectedly rose in February to 17 from 15 in January -- the first gain in five months. Still, it's a long way from a healthy reading of 50-plus
