User: demo Topic: Housing
Category: Housing Market
Last updated: Sep 12 2019 19:21 IST RSS 2.0
 
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Housing sector only tie between rival retailers 16.5.2007 Chicago Tribune: Business
The latest downbeat news -- a two-year low in house prices and a 15-year low in builder sentiment -- once again challenged optimistic investors in the housing sector.
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Housing slump driving major increase in auction sales 16.5.2007 Chicago Tribune: Business
As housing sales slow, auctions usually pick up. With first-quarter downtown condominium sales cut nearly in half from the year-ago period, auctions are a quick way to sell, eliminating months of carrying costs for owners willing to let go of property for well below asking prices.
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Housing sector only tie between rival retailers 16.5.2007 Chicago Tribune: Business
T he latest downbeat news—a two-year low in house prices and a 15-year low in builder sentiment—once again challenged optimistic investors in the housing sector.
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Home Prices Fell 6.6 Percent in 1Q 15.5.2007 SFGate: Business & Technology
Sales of existing homes nationwide are on track to hit 6.4 million this year, a decline of 6.6 percent from a year ago, the National Association of Realtors said Tuesday in the latest indication of the housing market's slowdown. The report came on ...
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Greenspan warns of US recession 13.5.2007 The Guardian -- Front Page
Business & money: New Fed chairman may be forced to cut interest rates as retail sales lurch lower.
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Greenspan warns of recession for US economy 12.5.2007 The Guardian -- World Latest
· Weak housing market puts brake on retail spending· New Fed chairman may be forced to cut interest rates
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Gloom gathers over US economy 11.5.2007 The Guardian -- Front Page
Business & money: Retail sales lurch lower as former Fed chairman says world's largest economy could be heading into recession.
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Spring brings record fall 11.5.2007 Chicago Tribune: Business
Rising gas prices, housing woes keep lid on retail sales

Consumers are spent.
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Big home builders say sales, profits continue to slump 10.5.2007 Star Tribune: Business
Hopes of an imminent housing recovery are dimming as the nation's largest home builders continue to report slumping sales and profits.
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Consumer borrowing soared in March, aiding the economy 8.5.2007 Star Tribune: Business
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Old Republic feels housing slump 4.5.2007 Chicago Tribune: Business
The downturn in the housing and mortgage industries is crimping the profits of another Chicago-area financial-services company.
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Slow economic growth fuels inflation fears 28.4.2007 Star Tribune: Business
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U.S. Economy Slows To Weakest Pace In 4 Years 27.4.2007 WCCO: National
Economic growth slowed to a near crawl of 1.3 percent in the first three months of 2007, the worst performance in four years, the Commerce Department reported on Friday. The main culprit? The housing slump.
 CBS News Interactive: Eye On The Economy
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Economic growth in first quarter slows to weakest pace in 4 years 27.4.2007 Star Tribune: Business
The slump in the housing market had put a drag on economic growth, which slowed to a near crawl of 1.3 percent in the first three months of 2007.
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Housing woes hurt Fortune Brands' earnings 26.4.2007 Chicago Tribune: Business
Fortune Brands Inc.'s first-quarter earnings sagged 31 percent, as the housing sector's decline cut into the Deerfield company's home-product sales.
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CDW stock price rises with profit 25.4.2007 Chicago Tribune: Business
Computer reseller beats predictions by 11 cents a share

CDW Corp.'s shares jumped 6.17 percent Tuesday as the Vernon Hills-based computer reseller blew past Wall Street's profit expectations.
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March housing sales dive 25.4.2007 Chicago Tribune: Business
Existing-home transactions drop 8% nationwide, 22% in Chicago

Lumber dealer Rick Baumgarten knew business wouldn't be good this year. But even after a career spent riding the ups and downs of the housing business, he said he was too optimistic.
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USG Corp. earnings impacted by soft housing market 24.4.2007 Chicago Tribune: Business
USG Corp. on Tuesday reported first-quarter results that reflect the profit pressure caused by the housing sector's continuing slump, and the Chicago building-products maker warned that "the downturn in new residential construction is likely to continue throughout 2007."
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Housing slowdown, dip in engine sales seen weighing on Caterpillar earnings 20.4.2007 Chicago Tribune: Business
When heavy-equipment giant Caterpillar Inc. unveils its first-quarter results Friday morning, the slowdown in the housing sector and a temporary drop-off in diesel-engine sales are expected to give the Peoria company its first quarterly profit decline in a number of years.
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Housing starts unexpectedly rise 17.4.2007 Chicago Tribune: Business
Housing starts in the U.S. unexpectedly rose for a second month in March, bolstering expectations the worst housing slump in 15 years may be easing.
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