WASHINGTON _ National Association of Realtors releases existing home sales for April, 10 a.m. Eastern. WASHINGTON _ Federal Reserve releases minutes from April interest-rate meeting. WASHINGTON _ Federal Reserve Chairman Ben Bernanke testifies about the economy before the Joint Economic Committee.» Read More
David Crowe, National Association of Home Builders, sifts through the data and explains why the housing market may not be as healthy as it appears, and why he believes there will be no real momentum in the sector for the remainder of the year.
CNBC's Rick Santelli and Diana Olick break down the numbers on housing and weigh in on what it indicates about the health of the U.S. economy.
WASHINGTON, Feb 21- U.S. home resales edged higher in January and left the supply of homes at its lowest level in 13 years, a sign that steam is gathering in the U.S. housing market. The National Association of Realtors said on Thursday that existing home sales rose 0.4 percent last month to a seasonally adjusted annual rate of 4.92 million units.
CNBC's Rick Santelli and Diana Olick report on the latest economic data from the Philadelphia Fed Survey, Leading Indicators, and housing.
Housing will not be an "exciting market" over the next five years, Yale's Prof. Robert Shiller told CNBC.
Barclays downgraded several home builders, including Toll Brothers and KB Home. CNBC's Diana Olick has the details.
Home prices jumped in December, but home builders aren't feeling the same high. Stephen Kim, Barclays homebuilding analyst, offers insight.
Home prices are up over 8 percent in December from 1 year ago, reports CNBC's Diana Olick.
Shares of Facebook are off 13 percent over the past 5 sessions, with the Fast Money traders; and Tom Shapiro, GTIS, has invested over $2 billion in the housing sector, and offers insight on the industry's comeback.
Refinances dropped 10 percent this week, reports CNBC's Diana Olick. Mortgage bankers said the rate on the 30-year fixed moved up from 3.62 percent to 3.67 percent.
The latest S&P/Case-Shiller report shows U.S. home prices continued to rise through November of last year, with David Blitzer, S&P 500 Index Committee Chairman.
According to Brown Harris, sales of homes in the Hamptons priced more than $2.5 million increased by 98 percent in Q4 compared to last year. CNBC's Robert Frank has the details.
Existing home sales dropped 1 percent in December because there just aren't many homes to buy, reports CNBC's Diana Olick; and assessing the headwinds the housing market faces, with CNBC's Jeff Cox and John Makin, AEI Resident Scholar.
CNBC's Diana Olick reports the U.S. has not seen this few homes for sale in over a decade.
WASHINGTON, Jan 22- U.S. home resales unexpectedly fell in December, but the drop was not large enough to suggest the recovery in the housing sector is running out of steam. The National Association of Realtors said on Tuesday that existing home sales dropped 1.0 percent last month to a seasonally adjusted annual rate of 4.94 million units.
Existing home sales fell 1 percent in December, when the Street was expecting a 5 percent gain, reports CNBC's Diana Olick.
WASHINGTON, Jan 22- U.S. home resales unexpectedly fell in December as fewer people put their properties on the market, although not by enough to derail the boost housing will likely provide to the economy this year.
Cameron Findlay, Discover Home Loans chief economist, provides an outlook on housing in 2013.
S&P's David Blitzer sees encouraging signs in the latest Case-Shiller home price data. (3:59)
Sales of existing homes beat expectations in November, with Realtors reporting a surprisingly modest effect in the Northeast from Superstorm Sandy. An even bigger surprise was a huge gain in activity among higher-end homes.