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National Housing MarketNew-Home Sales Rise 11 Percent In JuneJuly 27, 2009 - Sales of newly built, single-family homes rose 11 percent in June to a seasonally adjusted annual rate of 384,000 units, according to U.S. Commerce Department numbers released today. Read More >>> Report: Sunbelt states may outpace recoverySix Sunbelt states, including Texas, will recover from the recession faster than other regions of the country, but the pace of recovery will be slow, according to a bank economic report. Read More >>> Housing Starts SurgeBoosted by an 82% increase in construction of apartment buildings, U.S. housing starts surged 22% in February to a seasonally adjusted annual rate of 583,000, the Commerce Department estimated Tuesday. Read More >>> U.S. home sales climb at fastest pace in 10 monthsNew orders for long-lasting U.S.-made goods rose in February for the first time in seven months and new home sales rebounded, government data showed on Wednesday, suggesting the economic downturn might be easing a bit. February existing home sales rise by 5.1%One month does not a recovery make, but a jump in existing home sales in February may be a sign that the real estate market is stabilizing. Read More >>> Signs of Life from the Real Estate MarketEarlier this year Herson and Liz Enerio put in a $400,000 bid on a four-bedroom house on a private street in Fairfield, Calif., with three pine trees and a backyard that opens onto a hiking trail. Read More >>> |