Latest News Updates From Josh Boak

GovernmentBusiness

New-ºÚÁϳԹÏÍø Sales Fall 5.5% in September for Fourth Straight Decline

WASHINGTON — Sales of new U.S. homes plunged 5.5% in September, the fourth straight monthly drop as the housing market cools while mortgage rates rise.

October 24, 2018
GovernmentBusiness

Housing Starts Sank 5.3% in September

WASHINGTON — U.S. home construction fell 5.3% in September, a sign that recent hurricanes and rising mortgage rates may be weighing on the market.

October 17, 2018
Government

US ºÚÁϳԹÏÍø Sales Flat in August

WASHINGTON — Sales of existing homes were unchanged in August, as a shortage of houses priced at less than $250,000 — a level considered to be affordable for the middle class — has become a drag on the real estate market.

September 20, 2018
GovernmentBusiness

US Productivity Grew at Strong 2.9% Rate in Q2

WASHINGTON — The Labor Department on Sept. 6 affirmed last month’s report that U.S. productivity increased at an annual rate of 2.9% in the second quarter.

September 6, 2018
GovernmentBusiness

Construction Spending Rose 0.1% in July

WASHINGTON — Spending on U.S. construction projects ticked up 0.1% in July, led by an increase in homebuilding and the publicly funded building of schools and highways.

September 4, 2018
Government

US New ºÚÁϳԹÏÍø Sales Climb 6.7% in May

WASHINGTON — Sales of new U.S. homes jumped 6.7% in May, with purchases in the South accounting for all of the monthly gains.

June 25, 2018
Business

US Services Firms Grow in April at Slowest Pace This Year

U.S. services firms grew at a slower pace in April compared with the prior month as companies are reporting cost pressures from possible tariffs and a shortage of available workers.

May 4, 2018
Business

Construction Spending Grows Just 0.1% in February

Spending on U.S. construction projects ticked up a mere 0.1% in February from the prior month, a sign that a growing economy is doing little to spur a more rapid pace for building homes, hospitals and highways.

April 2, 2018
Business

US ºÚÁϳԹÏÍø Prices Surge 6.2%, Outpacing Wage Growth

U.S. home prices climbed a robust 6.2 percent from a year ago, amid strong demand from would-be buyers and a shrinking supply of properties for sale.

December 26, 2017