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Pending Home Sales Reached a 21-Month High in September

WASHINGTON — More Americans signed contracts to buy homes in September, a sign that the housing market is still benefiting from lower mortgage rates. The National Association of Realtors said Tuesday that its pending home sales index rose 1.5% from August to September to 108.7, its highest level since December...

US Home Sales Fall 1.7% With Prices High and Supply Low

WASHINGTON — U.S. home sales tumbled 1.7% in June, with rising prices and a scarce supply locking out many Americans from ownership. The National Association of Realtors said Tuesday that homes were sold last month at a seasonally adjusted annualized rate of 5.27 million units. Sales have shriveled 2.2% over...

Tax Cuts Deliver Huge Win for Corporate Sector

Following the rollout of the much-touted Republican Tax Cuts and Jobs Act, passed in December 2017, most of us have wondered how the new policy is affecting various sectors of the economy. It’s still early, but the numbers from the first quarter of 2018 are noteworthy. First, let me clarify...