Confidence among U.S. homebuilders is at its highest level in nearly eight years, fueled by optimism that demand for new homes will drive sales growth into next year. The brighter sales outlook is the latest sign pointing to a sustained pickup in construction in coming months and comes as applications for permits to Continue reading →

[This is a snippet of an article from Reuters — we think you’ll find it very helpful!]

New U.S. home sales vaulted to a five-year high in June, while other data on Wednesday showed an acceleration in factory activity in July, boosting hopes of a third-quarter pick-up in economic growth. Showing no signs yet of slowing in the face of higher mortgage rates, single-family home sales increased 8.3 percent Continue reading →