Pending-Home Sales Rebound Despite Rise in Mortgage Rates
Contracts to buy previously owned U.S. homes rebounded last month as buyers adjusted to the recent jump in mortgage rates, according to figures released Jan. 30 from the National Association of Realtors in Washington.
Pending Sales of Existing Homes Increase 1.5% in September
Contracts to purchase previously owned U.S. homes increased in September for a second month in the past three, the National Association of Realtors said Oct. 27 in Washington, signaling that strong job growth and rising wages are supporting housing demand.
Pending Sales of Existing Homes in March Rise More Than Forecast
More Americans than forecast signed contracts to purchase previously owned homes in March, an encouraging sign as the housing market was entering its busiest selling season of the year.
Pending Sales of Existing Homes Increase 3.4% in April
More Americans than forecast signed contracts to purchase previously owned homes in April, indicating a pickup in the housing market during the busy spring selling period.
Congress Debates Spending Bill
House Democratic opposition to relaxing a key financial measure was holding up passage of a $1 trillion omnibus funding bill that includes a suspension of the hours-of-service restart provision as Transport Topics went to press.
December 15, 2014White House Promotes Private Sector in New Infrastructure Initiative, Urges Congress to Act
President Obama on July 17 signed an initiative aimed at helping state agencies connect with private-sector investors to upgrade the country’s aging transportation infrastructure.
White House Opposes House Spending Bill’s Truck Size, Weight Provisions
As lawmakers prepare to pass a House transportation spending bill June 10, a recent White House bulletin took issue with provisions in the bill that would allow heavier commercial trucks to operate in three states.