via Leah Schnurr/Reuters NEW YORK (Reuters) - Home prices rose in November to rack up their best yearly gain since the housing crisis began, a further sign that the sector is on the mend. But data on consumer confidence on Tuesday was less encouraging, with moods falling to their lowest level in more than a year … Continue reading Home prices see best yearly gain since 2006
Tag: us housing market
US builder confidence at highest level in 5 years
By CHRISTOPHER S. RUGABER | Associated Press WASHINGTON (AP) — Confidence among U.S. builders rose to the highest level in five years in May, a hopeful sign that modest improvement in the housing market will pick up. The National Association of Home Builders/Wells Fargo builder sentiment index rose to 29 in May. That's the highest … Continue reading US builder confidence at highest level in 5 years
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