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LOS ANGELES (AP) — Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders — as long as mortgage rates don’t jump back to the highs they hit late last year.  Sales of new homes rose nationally in 2023 for the first time in two years, climbing 4.2% from a year earlier, according to the Commerce Department. This bucked the trajectory of the broader housing market, which remained mired in a deep slump as sales of previou…

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Detroit

Wayne County

Michigan

United States

Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard

Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders — as long as mortgage rates don’t jump back to the highs they hit late last year

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The average long-term U.S. mortgage rate rose this week for the third time in as many weeks, driving up home loan borrowing costs just as the spring homebuying season ramps up.

Portland Press Herald

MaineToday Media

Portland

Cumberland County

Maine

Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wild card

Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders — as long as mortgage rates don't jump back to the highs they hit late last year. Sales of new homes rose nationally in 2023 for the first time in two years, climbing 4.2% from a year earlier, according to the Commerce Department. This bucked the trajectory of the broader housing market, which remained mired in a deep slump as sales of previously occupied U.S. ho…

Graham Holdings

Sales of new homes rose nationally in 2023 for the first time in two years, climbing 4.2% from a year earlier. Homebuilders mitigated the impact of higher interest rates by lowering prices and offering incentives

El Pais

PRISA

Spain

KOB 4

Hubbard Broadcasting

Albuquerque

Bernalillo County

New Mexico

Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders -- as long as mortgage rates don't jump back to the highs they hit late last year.

PBS NewsHour

Washington

District of Columbia

Wall Street sees a solid 2024 ahead for homebuilders, though mortgage rates remain a wildcard

LOS ANGELES (AP) — Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders — as long as mortgage rates don't jump back to the highs they hit late last year.  Sales of new homes rose nationally in 2023 for the first time in two years, climbing 4.2% from a year earlier, according to the Commerce Department. This bucked the trajectory of the broader housing market, which remained mired in a deep slump as sales of previou…

Morning Sun

Pittsburg Publishing LLC

Pittsburg

Crawford County

Kansas

Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard - The Morning Sun

Wall Street

Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders. Sales of new homes rose nationally in 2023 for the first time in two years, climbing 4.2% from a year earlier. Wall Street has cheered how homebuilders adapted to a rocky housing market last year.

Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard

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