Category: News from the Web

US new home sales rise in sign of housing market health, but fail to meet expectations

US new home sales rise in sign of housing market health, but fail to meet expectations

The Commerce Department says new home sales rose 3.7 percent to a seasonally-adjusted 555,000 units. That is 5.5 percent higher than a year ago.

Consumer sentiment index at 96.3 (February – final)

Consumer sentiment index at 96.3 (February – final)

CNBC’s Rick Santelli reports the latest read on new home sales and University of Michigan consumer confidence.

Fannie & Freddie’s future likely in hands of court or legislature: CEO

Fannie & Freddie’s future likely in hands of court or legislature: CEO

David Stevens, Mortgage Bankers Association CEO, talks about changes ahead in government-sponsored financial services corporations, Fannie Mae and Freddie Mac.

Hong Kong’s land supply for private flats likely to exceed target again in 2017-18

Hong Kong’s land supply for private flats likely to exceed target again in 2017-18

The land supply for private housing is expected to be sufficient to build almost 32,000 flats in 2017-18, the SCMP reports.

From hoverboards to safer building foundations

From hoverboards to safer building foundations

Greg Henderson, CEO of ARX PAX, talks about how the company uses technology to reduce the risks buildings face from natural disasters.

Op-Ed: President Trump—Here’s what a 21st century infrastructure plan should look like

Op-Ed: President Trump—Here’s what a 21st century infrastructure plan should look like

Building more roads and bridges isn’t the answer. Here’s the smart way to spend $1 trillion, says Heather Leibowitz.

Busting millennial money myths: The truth about homes, cars and ownership

Busting millennial money myths: The truth about homes, cars and ownership

Don’t buy predictions that millennials ‘don’t own’ as a philosophy. When it comes to cars and homes, they do.