According to the National Association of Realtors’ Pending Home Sales Index, contract signings were relatively flat in February, down 0.5 percent from January. But despite a slow month, pending home sales were 9.2 percent above February 2011. Lawrence Yun, NAR’s chief economist, said the spring h
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03/26/2012
Builder confidence in the market for new single-family homes is twice as strong as it was six months ago and at its highest level since 2007. The latest National Association of Home Builders Housing Market Index, which measures builders’ expectations and perceptions, was unchanged from last month
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03/19/2012
The economy added 227,000 jobs in February and surpassed economists’ expectations, according to the U.S. Bureau of Labor Statistics. Employment improved in professional and business services, health care and social assistance, leisure and hospitality, manufacturing, and mining. The official unemp
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03/12/2012
The U.S. Department of Housing and Urban Development and U.S. Department of the Treasury released their February 2012 Housing Scorecard, which compiles key market data and the results of the administration’s recovery efforts through the end of January. According to the report, the supply of exi
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03/05/2012
