home sales

Builders Broke Ground on More Homes in July
U.S. developers broke ground on homes at a faster pace in July. But the rise was all due to apartment construction, which is typically volatile. By contrast, builders began work on fewer single-family homes -- the bulk of the market -- and sought fewer permits to build them.
Home Prices Way Up
U.S. home prices soared 12.1 percent in April from a year earlier, the biggest gain since February 2006, as more buyers competed for fewer homes.

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