U.S. home prices rose briskly in September, another sign that the housing market is booming in the aftermath of last year's coronavirus recession.

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U.S. mortgage rates were mixed this week. The average rate on the benchmark 30-year, fixed rate home loan was unchanged from last week at 3.1%; a year ago, it stood at 2.72%. Fifteen-year, fixed rate mortgage rates blipped up to 2.42% from 2.39% last week; it was 2.28% a year ago.

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Sales of previously occupied U.S. homes ticked higher in October, marking their strongest annual pace since January even as competition for relatively few properties on the market pushed prices higher

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The construction of a luxury building next door to an already fragile Florida condominium caused the condo to collapse, killing 98 people in June, according to a new lawsuit.

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The construction of new homes in the U.S. fell by 0.7% in October, but a big jump in the number of permits last month points to anticipation by builders that the supply-chain shortages that have dogged them for much of the year will soon ease

Tagged with: Residential Construction U.S. Department of Commerce

Home Depot's sales continued to climb through third quarter with the U.S. housing market red hot.

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Sales of previously occupied U.S. homes bounced back in September to their strongest pace since January as mortgage rates tick higher, motivating buyers to get off the sidelines.

Tagged with: home sales Residential Construction

Sales of new homes in the U.S. rose modestly in August as rising prices continue to sideline potential buyers.

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Sales of existing homes in Wisconsin are outpacing last year's record purchases, but experts say the lack of inventory has tapped down the hot market.

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Even in the hottest U.S. housing market in more than a decade, new home construction has turned into a frustratingly uncertain and costly proposition for many homebuilders.

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