U.S. new home sales rose at a modest pace in June but remained below sales levels earlier this year, suggesting low mortgage rates and a healthy job market aren't encouraging many more purchases.

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Construction of new homes fell in March by the largest amount in five months, with weakness in all regions of the country except the Northeast.

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U.S. sales of new homes surged in August, led by a wave of buying in the West and Northeast.

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Americans bought more new homes last month, the latest evidence that the U.S. housing market could be starting to recover.

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Economists are increasingly confident that some pillars of the economy will improve this year, but they still remain cautious in their expectations on the overall pace of economic growth.

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By DEREK KRAVITZ AP Real Estate Writer WASHINGTON (AP) — U.S. builders started slightly fewer homes in October but submitted plans for a wave of apartments, a mixed sign for the struggling housing market. Builders broke ground on a seasonally ...

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By DEREK KRAVITZ AP Real Estate Writer WASHINGTON (AP) — Builders broke ground on more new homes last month, giving the weak housing market a slight boost at the start of the spring buying season. Home construction rose 7.2 percent ...

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Washington (AP) — Builders broke ground last month on the fewest homes in nearly two years and cut their requests for permits to start new projects to a five-decade low. The decline in construction activity is the latest evidence the ...

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By Derek Kravitz and Martin Crutsinger AP Business Writers Washington — Home construction in January rose at the fastest rate in 20 months, pushed up by a spike in apartment building. But construction of single-family homes declined, a sign that ...

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By ?MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Builders began work last year on the second fewest number of homes in more than half a century, as the weak economy kept people from buying houses. Builders broke ground on ...

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