New Home Sales Post Modest November Increase

November sales of new single‐family houses rose by 1.3 percent from October and by nearly 17 percent from a year ago, HUD and the Census Bureau reported yesterday.

Wells Fargo: CRE Momentum Could be Slowing

Commercial real estate fundamentals remain generally solid but might be losing momentum, said Wells Fargo Securities, Charlotte, N.C.

November Existing Home Sales Drop 1.7%

Existing home sales fell in November, the National Association of Realtors reported yesterday, putting a damper on what had otherwise been a strong month for housing market performance.

Fed Keeps Interest Rates Steady

Yesterday the Federal Reserve Board opted to keep the benchmark Federal Funds rate where it is, ending a recent run of interest rate cuts.

November Hiring Defies Expectations

Total nonfarm payroll employment rose by a better-than-expected 266,000 in November, the Bureau of Labor Statistics reported Friday.

October New Home Sales Dip, But Outlook Brighter

HUD and the Census Bureau yesterday reported sales of new single‐family houses in October fell slightly but performed strongly compared to a year ago.