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Home Prices in August Rise for Fourth Straight Month
U.S. home prices rose for the fourth straight month in August and shoppers spent more last week, providing evidence consumer demand could be stabilizing.
The Standard & Poor's/Case-Shiller report on Tuesday showed a composite index of home prices in 20 metropolitan areas rose 1.2 percent in August from July, well above the estimate of a 0.7 ...
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US Foreclosures Continued to Rise in Third Quarter
The number of Americans receiving a foreclosure notice in the third quarter continued to grow, according to a new report, despite government programs intended to attack the problem.
Foreclosure notices were up 5 percent in the third quarter from the previous quarter, and up 23 percent from the same quarter a year ago, according to a report released ...
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Pending sales of existing U.S. homes rose sharply in August, for a seventh consecutive month of gains, reaching the highest since March 2007, data from a real estate trade group showed Thursday.
A separate report showed US construction unexpectedly rose at its fastest pace in nearly a year in August, with investment in private residential construction notching its biggest increase in almost 16 years.
The ...