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Tag Archives: Mortgage

U.S Homebuilding Hits 10-Month High

Housing Gains Amid Challenges U.S. single-family homebuilding rose to a 10-month high in December, suggesting some improvement in housing activity toward the end of the year. However, rising mortgage rates and an oversupply of new homes on the market could slow the pace of recovery. According to a report from the Commerce Department on Friday, […]

Written on January 20, 2025 at 2:32 pm, by

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Categories: Market News (New), Market Outlook (New), News

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U.S. Home Sales Rise, Boosting Dollar 

Housing Inventory Gains Drive Market Shift  On Monday, measures of US pending home sales according to signed contracts increased by 2.2% in November standing at 79.0. This was the highest level of US pending home sales since February 2023 and it is better than the recorded 77.3 for the month of October. Sales of contracts […]

Written on December 31, 2024 at 2:50 pm, by

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