A shortage of existing homes for sale is boosting the market for newly-built homes, and fueling confidence among builders right along with it. A monthly reading of builder sentiment rose two points to 60 in August; anything above 50 is considered positive on the National Association of Home Builders/Wells Fargo ... Read More »

A real estate agent shows a prospective buyer a home that is listed as a short sale as he shops for a house in Coral Gables, Florida. U.S. home resales rose in May to a more than nine-year high as improving supply increased choice for buyers, suggesting the economy remains ... Read More »