Prashant Gopal
Trade war hits home construction in U.S. factory counties
BOSTON – Homebuilders are pulling back from United States manufacturing areas as shots fired in President Donald Trump’s trade war begin to ricochet across...
Homeowners in U.S. hold back on selling as buyers get pickier
BOSTON – United States homeowners are getting increasingly reluctant to sell in a market where buyers are demanding price cuts.
The number of new listings...
Builders slump as U.S. housing market shifts to the slow lane
NEW YORK - The housing market is stalling, and homebuilder stocks are feeling the pain.
The S&P Supercomposite Homebuilding Index is down 21 percent year-to-date, on...
Proposed Amazon HQ tax breaks draw criticism
NEW YORK - Jamie Eldridge, the son of an electrical engineer who grew up in suburban Boston, would seem like a natural cheerleader for Massachusetts’...
Housing market’s new dominant force: baby boomers who won’t sell
NEW YORK - Jake Yanoviak is hunting for houses. On a weekday afternoon in North Philadelphia, the 23-year-old painter cruises along on his bike,...
Homeownership rate in the U.S. drops to lowest since 1965
BOSTON - The U.S. homeownership rate fell to the lowest in more than 50 years as rising prices put buying out of reach for...
U.S. home prices climbed 5.7% in first quarter from prior year
BOSTON - U.S. home prices rose 5.7 percent in the first quarter from a year earlier as buyers competed for a limited supply of...
U.S. 30-year mortgage rate tops 4% for first time since July
BOSTON - U.S. mortgage rates rose, with the 30-year average topping 4 percent for the first time in five months, after the Federal Reserve’s...
Builders chase U.S. millennials by moving down price scale
BOSTON - Surging prices have almost closed off the new-home market to young buyers like Brandon and Quincey Lindemann. But the Denver-area couple has...
Home prices in the U.S. increased 0.5% in October, FHFA says
BOSTON - U.S. home prices rose in October as the improving job market stirred competition for a dwindling inventory of listings.
Prices increased 0.5 percent...
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