Author – The Durango Herald

U.S. housing starts rose in February

WASHINGTON – U.S. builders broke ground on new homes at a faster pace in February, a sign that developers expect solid sales growth this year despite higher mortgage rates. Housin...

DATE: Mar 16, 2017 | CATEGORY: Business

Pending home sales rose in December

WASHINGTON – More Americans signed contracts to buy homes in December. The increase possibly reflects more people scrambling to purchase homes as mortgage rates have been rising and increasi...

DATE: Jan 30, 2017 | CATEGORY: Business

U.S. new-home sales tumble

WASHINGTON – Americans pulled back sharply from buying new homes in December, but sales for all of 2016 were the highest since 2007. The Commerce Department said that new-home sal...

DATE: Jan 26, 2017 | CATEGORY: Business

Low supplies hamper existing home sales

WASHINGTON – Americans retreated from purchasing homes in December, as the number of properties listed for sale sank to its lowest level since 1999. The National Association of Re...

DATE: Jan 24, 2017 | CATEGORY: Business

10 promises Trump made for first day

WASHINGTON – Behind in the polls in late October, Donald Trump ventured to Gettysburg, Pennsylvania, to give American voters a “contract” detailing what he would achieve during his first day...

DATE: Jan 20, 2017 | CATEGORY: Nation & World

Pending home sales tumble in November

WASHINGTON – Fewer Americans signed contracts to buy homes in November. The decrease likely reflects the drag caused by rising mortgage rates and the shallow inventory of properties on the m...

DATE: Jan 1, 2017 | CATEGORY: Business

New home construction dips after surging in October

WASHINGTON – Builders pulled back on constructing homes in November, after ground breakings surged in October to the strongest pace in more than nine years. Housing starts fell 18...

DATE: Dec 18, 2016 | CATEGORY: Business

Retail sales barely rise at start of holiday shopping

WASHINGTON – Americans increased their retail spending just slightly in November, a possible sign of lackluster holiday shopping. Retail sales rose only 0.1 percent in November, a...

DATE: Dec 14, 2016 | CATEGORY: Nation & World

Sales of new homes slipped in October

WASHINGTON – Fewer Americans purchased new homes in October, but sales are still much stronger this year than in 2015 – a positive sign for the housing market. The Commerce Depart...

DATE: Nov 27, 2016 | CATEGORY: Business

Pending home sales up in Sept.

WASHINGTON – More people signed contracts to purchase homes in September, an increase that likely points to rising sales in the closing months of 2016. The National Association of...

DATE: Oct 29, 2016 | CATEGORY: Nation & World

A surprisingly high number of first-timers now buying homes

WASHINGTON – For years, the U.S. housing market looked bleak for young couples hoping to buy their first homes but struggling with high student debt, low pay and meager down-payment savings....

DATE: Oct 22, 2016 | CATEGORY: Business

U.S. retail sales up 0.6 percent, but signs of caution emerge

WASHINGTON – U.S. shoppers stepped up their spending in September, with sharply higher sales at auto dealers, restaurants and gas stations. But the government’s retail sales report released ...

DATE: Oct 14, 2016 | CATEGORY: Nation & World