New Home Sales rose by 2.4% last month while June numbers were revised downward. While there are many factors to consider, the results continue to be a real life lesson of basic economics and the rules of supply and demand. Looking at the long term trends, don't expect changes overnight.
So how do you report a 34 percent drop in revenue, a 35% drop in net contracts and a nearly 20% cancellation rate and still come out as the darling of the home building analysts? Welcome to today’s housing market.
Does oil's plunge from all-time highs signal the bull market in all things commodities is over?
Stocks finished lower Monday, as weakness in financials and energy stocks overpowered a sharp drop in oil price typical of what usually pushes the market higher.
Stocks were lackluster Monday despite a massive move downward for oil, as worries persisted over inflation and the nation's beaten-up housing and mortgage markets.
Stocks pulled off modest gains Friday as enthusiasm for some better-than-expected economic reports outshined a warning from S&P of a possible downgrade on Fannie Mae and Freddie Mac.
Following are the day’s biggest winners and losers. Find out why shares of AutoNation and RadioShack popped while Southwest Airlines and Pulte dropped.
David Sowerby's top stock pick is a homebuilder! The chief market analyst at Loomis Sayles cites "quality" -- and he also carefully selected a couple of tech companies...
To give investors an edge, CNBC asked the market experts for their best trades now.
On Squawk Box this morning, CEOs from various industries aired their insights on the economy, energy prices, real estate and politics.
Pulte Home, posted a smaller quarterly loss on Wednesday, but said buyer confidence remained shaky.
This week, with quarterly losses expected from Wachovia and Washington Mutual due to defaulting mortgages, the market will also get data on existing home sales and new home sales.
"Buy and hold" is bad investing advice. Here's why.
Following are the day’s biggest winners and losers. Find out why shares of Raytheon and Pulte popped while UPS and Cooper Tire dropped.
Real estate giants gathered in New York City on Thursday for the Bank of America Homebuilder Conference. CNBC has the highlights from the conference.
Stocks declined as the market pendelum swung back the other way, sending oil prices to a new high and early cyclicals such as financials and retail lower. Yahoo plunged.
Stocks declined, with General Motors dragging on the Dow amid news of another strike and Yahoo weighing on technology stocks.
Stocks mostly weaker today. Two factors: concern that the Fed's period of rate cuts is coming to an end (on this, commodities and commodity stocks are down, dollar is rallying); and the dismal new home sales number, at a 13 year low. No sign of a bottom here: unsold inventories remain at multi-decade highs...
Stocks closed higher Wednesday, with Boeing landing the top-gainer spot on the Dow after a solid quarterly report from the jet maker. Techs rallyied ahead of key earnings from Apple and Amazon.
Stocks ticked higher Wednesday, with Boeing landing the top-gainer spot on the Dow after a solid quarterly report from the jet maker. Techs rallyied ahead of key earnings from Apple and Amazon.