Real estate

FILE- This May 4, 2018, file photo shows a house under construction in Roseville, Calif. On Thursday, Aug. 16, the Commerce Department reports on U.S. home construction in July. (AP Photo/Rich Pedroncelli, File)
August 16, 2018 - 9:38 am
WASHINGTON (AP) — U.S. housing starts ticked up just 0.9 percent in July, a sign that higher construction costs might be weighing on homebuilders. The Commerce Department said Thursday that housing starts last month rose to a seasonally adjusted annual rate of 1.17 million, not nearly enough to...
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FILE - In this Aug. 1, 2017, file photo, store greeter Danny Olivar, right, lends a hand to a customer to heft an air conditioning unit from a rapidly declining stock at a Home Depot store ahead of an expected heat wave in Seattle. The Home Depot Inc. reports earnings Tuesday, Aug. 14, 2018. (AP Photo/Elaine Thompson, File)
August 14, 2018 - 7:02 am
ATLANTA (AP) — Home Depot handily beat expectations during the second quarter, bouncing back from a slow start to the year when terrible weather cooled construction projects. The world's biggest home improvement retailer boosted its full-year profit and revenue forecasts Tuesday. Higher mortgage...
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August 10, 2018 - 4:38 am
LONDON (AP) — Britain's economy accelerated in the second quarter as warmer weather fueled construction and consumer spending after snow and ice curtailed activity in March. The Office for National Statistics said Friday that gross domestic product expanded by a quarterly 0.4 percent in the three...
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August 04, 2018 - 11:42 am
CHARLOTTE, N.C. (AP) — Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers' eligibility for mortgage modifications. The bank said in a filing Friday the error caused about 625 customers to be denied, or not offered, loan modifications they...
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FILE - In this July 9, 2018, file photo, a for sale sign stands outside a pre-existing home, in Walpole, Mass. Long-term U.S. mortgage rates rose for the second straight week, continuing to dampen prospects for potential homebuyers. (AP Photo/Steven Senne, File)
August 02, 2018 - 11:41 am
WASHINGTON (AP) — Long-term U.S. mortgage rates rose for the second straight week, continuing to dampen prospects for potential homebuyers. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages jumped to 4.60 percent this week from 4.54 percent last week. Long-...
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FILE - In this March 27, 2018 file photo, construction cranes in Southwest Washington are silhouetted against the morning sky as redevelopment continues in the waterfront area of the District of Columbia. Spending on U.S. construction projects fell 1.1 percent in June, the biggest decline in more than a year as spending on public construction dropped at the highest rate in more than five years. The Commerce Department says the decline in June brought total construction spending to a seasonally-adjusted $1.32 trillion, 6.1 percent higher than a year ago. (AP Photo/J. David Ake, File)
August 01, 2018 - 10:32 am
WASHINGTON (AP) — Spending on U.S. construction projects fell 1.1 percent in June, the biggest decline in more than a year as spending on public construction dropped at the highest rate in more than five years. The decline in June brought total construction spending to a seasonally-adjusted $1.32...
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July 31, 2018 - 9:42 am
WASHINGTON (AP) — U.S home prices rose rapidly in May, a trend that is thwarting some would-be buyers and pulling down home sales. The S&P CoreLogic Case-Shiller 20-city home price index rose 6.5 percent in May from a year earlier. That's down slightly from April, but is still more than double...
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FILE - In this March 6, 2018, photo a sign advertises the pending sale of a home in San Jose, Calif. More Americans signed contracts to purchase homes in June compared to May, but the volume of pending sales has slipped over the past year. The National Association of Realtors said Monday, July 30, that its pending home sales index rose 0.9 percent last month to 106.9. But on a yearly basis, pending home sales have fallen 2.5 percent. (AP Photo/Marcio Jose Sanchez, File)
July 30, 2018 - 10:39 am
WASHINGTON (AP) — More Americans signed contracts to purchase homes in June compared to May, but the volume of pending sales has slipped over the past year. The National Association of Realtors said Monday that its pending home sales index rose 0.9 percent last month to 106.9. But on a yearly basis...
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July 26, 2018 - 11:43 am
WASHINGTON (AP) — Long-term U.S. mortgage rates edged up slightly this week, reaching their highest levels since late June. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages rose to 4.54 percent from 4.52 percent last week. Long-term loan rates have been...
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FILE - In this March 6, 2018, photo a sign advertises the pending sale of a home in San Jose, Calif. Economists expect that sales of previously occupied U.S. homes edged higher in June. (AP Photo/Marcio Jose Sanchez, File)
July 23, 2018 - 10:05 am
WASHINGTON (AP) — U.S. sales of existing homes fell 0.6 percent in June, the third straight monthly decline as higher prices and a relative lack of inventory has sidelined many would-be buyers. The National Association of Realtors says homes sold last month at a seasonally adjusted annual pace of 5...
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