This is a natural decline that will be followed by an advance you can profit from as housing endures its annual spring rebound.
New home sales in the U.S. totaled 607,000 in January, down from 652,000 in December, the Census Bureau reports. The drop was steeper than projected by economists, who had estimated January sales at 620,000.
The Census Bureau reports that new orders for manufactured durable goods orders outside of the transportation industry fell by 0.1% in January. Economists were calling for a 0.2% increase.
buyers on the way to $38 are now sellers on the way back up.
The CEO of Floor & Decor explains how tariffs and the trade war are impacting home improvement and home retail companies.
Despite a recent downgrade, Caterpillar may be poised to power ahead in the coming months as it follows the broader market up.
Toll Brothers revenue rises in latest period, as company says demand in housing market is beginning to improve.
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