December home builder sentiment holds at record low
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Home builder sentiment held at a record low for a third consecutive month in December, weighed down by problems in the mortgage market and a huge supply of unsold houses, an industry group said on Monday.
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A survey-based barometer of business activity in the Chicago area fell four points to a seasonally adjusted 61.2 points in December, the National Association of Purchasing Management - Chicago, said.
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U.S. homebuilder optimism sank for an   eighth consecutive month in September to the lowest level in   more than 15 years, with a surge in the backlog of unsold homes   putting development on ice, an industry survey showed on   Monday.
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The serious slump in the housing market and home building may be near a bottom, according to a leading U.S. home builder.
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U.S. consumers' mood brightened a bit  in late December, but still soured for the month as a whole,  the third straight month that it did so, leaving sentiment near  its lowest since Hurricane Katrina, a report showed on Friday.
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Business & money: Market continued to slow in December with prices lower than in the summer months
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Housing construction fell in November and single-family activity dropped to the lowest level in more than 16 years as a severe housing slump showed no signs of a turnaround.
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House prices in England and Wales dropped 0.4% in December, according to the Land Registry.
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WASHINGTON - A near-record low for an index that forecasts near-term home sales suggests borrowers in expensive areas are struggling to finalize purchases amid mortgage market woes.
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U.S. consumer sentiment fell in December, a prelimiary report showed on Friday, as consumers pared back their views of future financial conditions.
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Housing starts fell 3.7 percent in  November, with construction of single-family homes sliding to  the lowest level in more than 16 years as builders scrambled to  cope with a deep drop in sales.
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Sales of existing homes in the United States fell by 3.3 percent in December from a record November high, a trade association report showed on Tuesday.
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Home building projects started in  November fell by 3.7 percent as the pace of single-family home  construction was the slowest in more than 16 years, a  government report on Tuesday showed.
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Home building projects started in  December fell by a sharper-than-expected 14.2 percent to their  lowest level in more than 16 years, while permits for future  building hit a 14-year low, a government report on Thursday  showed.
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Housing starts fell 3.7 percent in November, with construction of single-family homes sliding to the lowest level in more than 16 years as builders scrambled to cope with a deep drop in sales.
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Confidence among US home builders fell this month to the lowest since February 1991 as interest rates climbed and delinquencies surged.
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Construction of single-family homes dropped to the lowest level in more than 16 years as a severe housing slump showed no signs of a turnaround.