Sales of new homes soared in January to a blistering seasonally adjusted annualized rate of 923,000, the Commerce Department said Wednesday.
Home prices rose 10.4 percent compared with a year earlier, according to the S&P CoreLogic Case-Shiller Home Price Index.
Sales of previously occupied homes in the United States rose in January to a seasonally adjusted, annualized rate of 6.69 million units.
Homebuilder confidence rose one point to a score of 84 in February, the National Association of Home Builders said Wednesday. Economists surveyed by Econoday had predicted the measure to remain…
The median price of a single-family home climbed 14.9 percent to $315,000 in the fourth quarter. That is the fastest pace on record in data that goes back to 1990.