Existing Home Sales Highest in Three Years
Washington, DC, Dec. 20, 2012 -- Home resales rose 5.9% in November to an annual rate of 5.04 million, the highest rate since November 2009, according to the National Association of Realtors.
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Tile Maker Plan U.S. Headquarters in Tennessee
Loudon, TN, Dec. 20, 2012 -- Italian ceramic floor tile manufacturer Ceramica Del Conca said it plans to put a 320,000-square-foot manufacturing, research, showroom and administrative facility on a 30-acre site in Loudon.
Home Values Rise in 2012, First Since 2006
Seattle, WA, Dec. 20, 2012 -- Homes values rose an estimated 6% in the U.S. this year, according to listing service Zillow.
Third Quarter GDP Revised Higher
Washington, DC, Dec. 20, 2012 -- The U.S. economy grew faster in the third quarter than initial estimates, according to the Commerce Department.
Manufacturing Up Sharply in Philadelphia Region
Philadelphia, PA, Dec. 20, 2012 -- The Philadelphia Fed index, a measure of manufacturing activity, improved to a reading of positive 8.1 in December from -10.7 in November.
House Prices Rose in October, FHFA Says
Washington, DC, Dec. 20, 2012 -- U.S. house prices rose 0.5% in October, according to the Federal Housing Finance Agency's monthly house-price index.
First Time Jobless Claims Rise in Latest Week
Washington, DC, Dec. 20, 2012 -- Initial claims for unemployment benefits rose for the first time in five weeks, according to the Labor Department.
Leading Economic Indicators Edge Down
New York, NY, Dec. 20, 2012 -- The index of U.S. leading economic indicators declined in November, according to the Conference Board.
Pace of Housing Starts Best in Four Years
Washington, DC, Dec. 19, 2012 -- Builders started fewer homes in November as Superstorm Sandy likely slowed starts in the Northeast.
Pulte Survey Shows Little Interest in Downsizing
Bloomfield Hills, MI, Dec. 19, 2012 -- Homeowners overwhelmingly want their next home to be the same size or larger than their current home, according to a recent survey by national homebuilder PulteGroup, Inc.