With housing starts permits soaring in July, Shari Olefson, "Foreclosure Nation" author, discusses the strength of the overall market.» Read More
WASHINGTON, April 16- U.S. housing starts rose but below market expectations and building permits fell in March, pointing to underlying weakness in the housing market that could persist despite improving weather.
U.S. housing starts rose less than expected in March and building permits fell, pointing to underlying weakness in the market.
CNBC's Rick Santelli has the latest numbers on housing. And CNBC's Steve Liesman provides perspective on what it indicates about the health of the bond market.
WASHINGTON, April 16- U.S. housing starts rose less than expected in March and building permits fell, pointing to underlying weakness in the housing market that could persist despite better weather. The Commerce Department said on Wednesday groundbreaking increased 2.8 percent to a seasonally adjusted annual rate of 946,000..
Applications for U.S. home mortgages rose last week as interest rates declined, an industry group said on Wednesday.
WASHINGTON, April 15- U.S. consumer prices firmed a bit in March, as food and housing rental costs rose in a possible sign that a disinflationary trend had run its course. "The sharp upswing in housing costs could be an early signal of a more sustained push higher in inflation," said Millan Mulraine, deputy chief economist at TD Securities in New York.
"It's nothing more than a land grab," said a business owner in Philadelphia over efforts by the city to take his property.
With recent signs that housing may be slowing down a bit, Nobel Prize-winning economist Robert Shiller told CNBC on Tuesday that he'd still describe the recovery as strong.
CNBC's Rick Santelli reports the latest April home builder sentiment data.
Confidence among home builders in the market for new, single-family homes remained in a holding pattern in April, ticking up just one point.
Robert Shiller, Yale University economics professor, shares his thoughts on the pulse of the housing recovery. The components are showing weakness right now, says Shiller.
Robert Wetenhall, RBC Capital Markets home-building analyst, discusses how continued dislocation in the job market impedes household formation and puts a drag on the recovery.
CNBC's Rick Santelli and Vincent Fiorillo, DoubleLine Capital portfolio manager & founding member, discuss housing finance reform and the winding down of Fannie Mae and Freddie Mac.
CNBC's Diana Olick provides insight on the flight to the safety of bonds, and its impacting mortgage rates. The average rate on the 30-year fixed went to its lowest in over a month on Thursday.
Big banks are willing to give up market share in originations to avoid having to service defaulted loans.
Doug Lebda, LendingTree chairman & CEO, weighs in on the health of the housing recovery as mortgage rates trend higher. The good news for consumers is you can qualify with a lower credit score and lower down payment, says Lebda.
U.S. home foreclosure filings slid 23 percent in March, helping bring first-quarter foreclosure activity to its lowest level since 2007.
U.K. house sales hit a six-year high in March, a survey revealed, but a supply shortage continues to send prices soaring.
Simon Rubinsohn, chief economist at RICS, highlights that while there's been a rebound in activity in U.K. housing, it's still a third down from its peak and lack of supply remains the main issue.
Barry Sternlicht, Starwood Capital chairman & CEO, discusses the launch of luxury brand Baccarat Hotels & Resorts, and eco-brand 1 Hotels & Resorts.
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