A growing economy, pent-up demand, competitive mortgage rates and affordable home prices will keep housing on an upward trajectory through 2015. However, several obstacles including tight consumer credit, shortages of lots and labor and ...
Tags: Construction, Decoration
Sales of newly built, single-family homes rose 9.6% to a seasonally adjusted annual rate of 468,000 units in January from an upwardly revised pace of 427,000 units in the previous month, according to data released by the U.S. Department of ...
Tags: Construction, Decoration, Home Sales
Gold futures on the COMEX division of the New York Mercantile Exchange fell Monday ahead of the Federal Reserve's policy meeting that begins Tuesday. The most active gold contract for February delivery fell 0.9 U. S. dollar, or 0.07 ...
Tags: COMEX, Federal Reserve, Commerce Department, Platinum
It is reported that Japan's Trade Ministry said the 2014 season Japan finished steel demand is expected to 0.6% up slightly. If this prediction were able to accomplish, it means that Japan’s steel demand would drop slightly by 0.1% ...
Tags: steel, metallurgy
Sales of newly built, single-family homes declined 2.1% to a seasonally adjusted annual rate of 464,000 units in November 2013 from an upwardly revised strong pace of 474,000 units in the previous month, according to data released by the ...
Tags: new-home sales, US Department of Housing and Urban Development
According to estimates released Thursday by the US Census Bureau and the Department of Housing and Urban Development, sales of new single-family houses in November 2013 were at a seasonally adjusted annual rate of 464,000, reflecting a 2.1 ...
Tags: Home Sales, new houses
Sales of newly built, single-family homes rose 25.4% to a seasonally adjusted annual rate of 444,000 units in October, according to data released today by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. ...
New homes sold at an annual rate of 444,000 in October, up 25.4 percent from 354,000 in September. Economists polled by MarketWatch forecast sales to total a seasonally adjusted 419,000 in October. Demand for new homes ...
Tags: home sales, construction
Asian stocks rose and gold hit a near three-month high while the dollar nursed losses on Monday, extending a move started late last week when a steep drop in U.S. new home sales tempered expectations the Federal Reserve will soon reduce ...
Tags: Asian stocks, Chemicals
Sales of newly built, single-family homes declined 13.4 percent to a seasonally adjusted annual rate of 394,000 units in July as higher mortgage rates prompted a temporary pause in buying activity, according to newly released data from HUD ...
Tags: Construction, New-Home Sale
Rising mortgage rates are showing no sign of derailing new-home sales. Single-family new-home sales rose 8.3 percent in June to the highest level since May 2008, the Commerce Department reported Wednesday. What's more, they were up 38.1 ...
Tags: Construction
The global producer of glass fiber reinforcements, Owens Corning (OC - Snapshot Report), has joined with Taishan Fiberglass, a subsidiary of China National Materials Group, Sinoma, to promote the use of Alkali Resistant (AR) specialty ...
Tags: Glass, glass fiber, Construction
Sales of newly built, single-family homes rose 2.3 percent to a seasonally adjusted annual rate of 454,000 units in April, according to newly released figures from HUD and the U.S. Census Bureau. The gain builds on a strong upward revision ...
Tags: Construction
US stocks ended a tumultuous day with strong gains after a false tweet briefly sent financial markets veering, underscoring technology's role in tightly linking global markets. The Dow Jones Industrial Average briefly plunged Tuesday ...
Tags: US Markets, Reel on False
THE sharemarket is lower today, reversing an early rise, with banks hit by a big fall in domestic home sales and resources shares suffering from a steep fall in commodity prices. New home sales fell 5.3 per cent in February, data from the ...
Tags: Service, New home sales