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Washington, DC, May 20, 2009--Mortgage application volume last week rose a seasonally adjusted 2.3% compared with the week before, as mortgage rates fell, the Mortgage Bankers Association reported Wednesday.
Washington, DC, May 20, 2009--As builders and remodelers retool their businesses in a tight credit market and recapture the interest of jittery consumers, this spring is the greenest yet for the nation's home building industry.
Washington, DC, May 20, 2009--The Architecture Billings Index fell 0.9 of a point to 42.8 last month after an eight-point jump in March, according to the American Institute of Architects.
Washington, DC, May 20, 2009--Lack of demand and lack of credit will keep the U.S. commercial real estate market weak for the remainder of the year, the National Association of Realtors said Wednesday.
Washington, DC, May 19, 2009--Housing construction fell to a record low in April as a steep drop in apartment building offset a rebound in single-family construction. Permits for new projects also hit a new low.
Washington, DC, May 19, 2009--Nationwide housing affordability jumped 10 percentage points during the first quarter to its highest level since the series began 18 years ago.
Atlanta, GA, May 19, 2009--Home Depot reported first-quarter earnings of $514 million, or $.30 a share, up from year-earlier earnings of $356 million, or $.21 a share.
Seoul, South Korea, May 19, 2009--The U.S. could emerge from recession as early as this summer, Nobel Prize-winning economist Paul Krugman said Tuesday.
New York, NY, May 19, 2009--Oil rose above $60 a barrel Tuesday in Asia after investors took heart from signs the U.S. recession is easing.
Alexandria, VA, MAY 15, 2009-—The final registered attendance figure for Coverings 2009 in Chicago totaled 22,000, which organizers called a predictable decline reflecting the economic turndown.