New-home sales tumble in January on big decline in West

Americans stepped back from buying new homes in January, as purchases plunged sharply in western states where prices are typically higher. The Commerce Department said Wednesday that new-home sales fell

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Housing market remains on track: Home builder confidence steady in Jan.

Confidence among U.S. home builders held steady in January even though builders’ expectations about future sales dipped slightly. The National Association of Home Builders/Wells Fargo builder sentiment index stood at

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Playboy Mansion on sale for $200 million, but Hef stays

You can live with Playboy patriarch Hugh Hefner for $200 million. The Playboy Mansion, situated on five acres in Los Angeles’ Holmby Hills, hit the market Monday for $200 million.

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New-home sales rose in November after weak October

Americans appear less inclined to buy new homes as the year ends. Sales improved in November only because fewer people bought new homes in October than initially reported. The Commerce

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Housing, consumer spending, GDP on tap

The Federal Reserve’s first interest-rate hike in almost a decade is history after it finally pulled the trigger last week. Now, on to obsessing about when the central bank will

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New housing construction starts rise in November

More new homes were built in November, fueled by a job market recovery and steady consumer confidence. New U.S. home construction starts in November rose 16.5% from a year ago

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