Home sales

FILE- In this Aug. 30, 2018, file photo sold placards top sale signs outside homes on the market in Denver. On Wednesday, Nov. 21, the National Association of Realtors reports on sales of existing homes in October. (AP Photo/David Zalubowski, File)
November 21, 2018 - 7:02 am
WASHINGTON (AP) — U.S. home sales rose in October, breaking a six-month losing streak. But sales are still down from a year ago, hurt by rising interest rates. The National Association of Realtors says that sales of existing homes climbed 1.4 percent to a seasonally adjusted annual rate of 5.22...
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FILE- In this July 23, 2018, file photo a construction worker puts down roofing paper on a new home as he works outside in Houston. On Tuesday, Nov. 20, the Commerce Department reports on U.S. home construction in October. (AP Photo/David J. Phillip, File)
November 20, 2018 - 6:46 am
WASHINGTON (AP) — U.S. home construction improved a slight 1.5 percent in October, but in a troubling sign, ground breakings for single-family houses fell. The Commerce Department said Tuesday housing starts rose to a seasonally adjusted annual rate of 1.23 million, up from 1.21 million in...
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FILE- In this Oct 2, 2018, file photo a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. On Thursday, Nov. 8, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski, File)
November 08, 2018 - 9:09 am
U.S. mortgage rates jumped this week to the highest level in seven years, a trend that is pulling down home sales and slowing home price growth. Mortgage buyer Freddie Mac said Thursday that the average rate on a 30-year, fixed rate mortgage rose to 4.94 percent, from 4.83 percent last week. A year...
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Holly Quan/KCBS Radio
Jenna Lane
October 26, 2018 - 12:00 am
California voters are deciding whether to expand property tax breaks for certain homeowners -- those who are over 55, severely disabled or who lose their homes to disasters. But by providing tax relief to some, voters could wind up hurting public schools, according to critics.
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FILE- In this June 27, 2018, file photo, a sold sign stands in front of a home under construction in West Des Moines, Iowa. On Wednesday, Oct. 24, the Commerce Department reports on sales of new homes in September. (AP Photo/Charlie Neibergall, File)
October 24, 2018 - 7:16 am
WASHINGTON (AP) — Sales of new U.S. homes plunged 5.5 percent in September, the fourth straight monthly drop as the housing market cools with mortgage rates rising. The Commerce Department said Wednesday that newly built homes sold at a seasonally adjusted annual rate of 553,000 last month. New-...
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October 22, 2018 - 7:46 am
NEW YORK (AP) — General contractors and other small businesses in the home remodeling industry can expect revenue to slow in 2019, the result of rising mortgage rates and sluggish home sales. That's the prediction of Harvard University's Joint Center for Housing Studies, which last week issued its...
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The handheld device of trader Robert Oswald is reflected in his glasses as he works on the floor of the New York Stock Exchange, Friday, Oct. 19, 2018. Strong earnings are sending U.S. stocks higher Friday at the end of a choppy week of trading. (AP Photo/Richard Drew)
October 19, 2018 - 2:03 pm
NEW YORK (AP) — U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued sell former favorites like retailers. Household goods makers rose again as a week of choppy trading concluded. Stocks surged in early trading after better-than-expected reports...
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FILE- In this Aug. 30, 2018, file photo a sale signs stand outside a home on the market in Denver. On Friday, Oct. 19, the National Association of Realtors reports on sales of existing homes in September. (AP Photo/David Zalubowski, File)
October 19, 2018 - 7:20 am
WASHINGTON (AP) — U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy. The National Association of Realtors said Friday that sales declined 3.4 percent last month, the biggest drop in 2 ½ years, to a seasonally...
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FILE- In this June 27, 2018, file photo, a for sale sign is seen in front of a home for sale in Waukee, Iowa. On Thursday, Sept. 26, The Commerce Department reports on sales of new homes in August. (AP Photo/Charlie Neibergall, File)
September 26, 2018 - 7:43 am
WASHINGTON (AP) — Sales of new U.S. homes climbed 3.5 percent in August, snapping a two-month decline as buying surged in the pricey Northeast and West housing markets. The Commerce Department said Wednesday that newly built homes sold at a seasonally adjusted annual rate of 629,000 last month...
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FILE- In this Aug. 30, 2018, file photo sold placards top sale signs outside homes on the market in Denver. On Tuesday, Sept. 25, the Standard & Poor's/Case-Shiller 20-city home price index for July is released. (AP Photo/David Zalubowski, File)
September 25, 2018 - 10:28 am
WASHINGTON (AP) — U.S. home prices rose in July at the slowest pace in 10 months as climbing mortgage rates become a more significant factor for a growing number of prospective buyers. The S&P CoreLogic Case-Shiller 20-city home price index increased 5.9 percent in July compared with a year...
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