Friday, 25 Sep 2009 | Source: The Associated Press
New home sales rose a tepid 0.7 percent last month, missing Wall Street expectations and providing more evidence the housing market recovery remains tentative.
The drive for Dow 10,000 hit a bump in the road Monday as investors took a breather, sending stocks down more than half a percent at the open. Stocks remained lower after a report showed leading indicators rose for a fifth straight month.
Tuesday, 16 Jun 2009 | Source: The Associated Press
Fresh signs that the economy is stabilizing emerged Tuesday in reports that home construction rose more than expected last month and wholesale prices remain in check.
The National Association of Home Builders says its housing market index increased for the second month in a row in May, reflecting growing optimism on the part of many builders
If the worst of the recession is indeed behind us, trends from previous economic pitfalls may provide investors guidance to where some of the capital inflows may go next.... Read More
The latest American Institute of Architects Billings Index was released yesterday showing an increase in inquiries but a slight decrease in billings.... Read More