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Industrial Production Rises Strongly Homebuilding Tumbles

WASHINGTON – U.S. industrial production increased solidly in April amid an acceleration in manufacturing and mining output, the latest indication that the economy...

Peace Talks Ignite Land Buying Frenzy Along South Koreas Fortified Border

SEOUL – Forget Seoul’s posh Gangnam district. With North Korea pledging to reduce tensions and renew ties with its southern neighbor, South Korea’s...

Us Consumer Confidence Housing Data Highlight Economys Strength

WASHINGTON – U.S. consumer confidence rebounded in April and new home sales increased more than expected in March, pointing to underlying strength in the economy...

Us Consumer Confidence Rebounds New Home Sales Rise

WASHINGTON – U.S. consumer confidence rebounded in April and new home sales increased more than expected in March, pointing to underlying strength in the economy...

Us Home Sales Increase Strongly Inventory Remains Tight

WASHINGTON – U.S. home sales increased for a second straight month in March amid a rebound in activity in the Northeast and Midwest regions, but a dearth of houses...

Us Existing Home Sales Rise Inventory Remains Tight

WASHINGTON – U.S. home sales increased for a second straight month in March amid a rebound in activity in the Northeast and Midwest regions, but a dearth of houses...

Us Existing Home Sales Rise For Second Straight Month

WASHINGTON – U.S. home sales increased strongly in March amid a rebound in activity in the Northeast and Midwest regions, but a dearth of houses on the market and...

Us Renters Look For Last-gasp Window To Buy

CHICAGO – (The opinions expressed here are those of the author, a columnist for Reuters.) People trying to escape soaring rents in U.S. cities face a cruel...

Higher Home Sales Prices Drive Toll Brothers Profit Beat

– U.S. luxury homebuilder Toll Brothers Inc (TOL.N) reported a first-quarter profit on Tuesday that beat analysts’ estimates as it sold more homes at higher...

Toll Brothers Profit Beats As Home Sales Rise

– U.S. luxury homebuilder Toll Brothers Inc (TOL.N) reported a first-quarter profit on Tuesday that beat analysts’ estimates as it sold more homes at higher...