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Construction News

Tue, May 24th, 2022
Re/Max CEO: Home prices can't keep up double-digit gains

LOS ANGELES (AP) — The U.S. housing market is slowing as would-be buyers struggle with rising borrowing costs and a persistent shortage of properties for sale.

Priceless seeds, sprouts key to US West's post-fire future

A New Mexico facility where researchers work to restore forests devastated by fires faced an almost cruelly ironic threat: The largest wildfire burning in the U.S. was fast approaching.

Biden forest plan stirs dispute over what counts as "old"

BILLINGS, Mont. (AP) — President Joe Biden's order to protect the nation’s oldest forests against devastating vast woodlands is raising a simple yet vexing question: When does a forest grow old?

Home sales tumble again as mortgage rates surge

Sales of previously occupied U.S. homes slowed for the third consecutive month in April as mortgage rates surged, driving up borrowing costs for would-be buyers as home prices soared to new highs.

$SPX : 3,973.75 (+1.86%)
$DOWI : 31,880.24 (+1.98%)
$IUXX : 12,034.28 (+1.68%)
Average long-term U.S. mortgage rates edge down to 5.25%

WASHINGTON (AP) — Average long-term U.S. mortgage rates retreated modestly this week, but interest on the key 30-year loan remains at decade-high levels.

$SPX : 3,973.75 (+1.86%)
$DOWI : 31,880.24 (+1.98%)
$IUXX : 12,034.28 (+1.68%)
Liz Weston: How to reduce taxes when you sell your home

If your home’s value has soared, congratulations. If you decide to sell, beware.

Death toll from explosion at Havana hotel rises to 40

HAVANA (AP) — More bodies were pulled from the ruins of a luxury hotel in Cuba's capital Monday, bringing the official death toll of a powerful explosion at the iconic building to 40.

Havana hotel death toll at 31 as dogs search for survivors

HAVANA (AP) — The death toll of a powerful explosion at a luxury hotel in Cuba's capital increased to 31 Sunday evening as search crews with dogs hunted through the rubble of the iconic, 19th century...

Desperate search for survivors in Cuba hotel blast; 27 dead

HAVANA (AP) — Relatives of the missing in Cuba’s capital desperately searched Saturday for victims of an explosion at one of Havana's most luxurious hotels that killed at least 27 people. They checked...

Explosion at luxury Havana hotel kills 22, injures dozens

HAVANA (AP) — A powerful explosion apparently caused by a natural gas leak killed at least 22 people, including a child, and injured dozens Friday when it blew away outer walls from a luxury hotel in...

$SPX : 3,973.75 (+1.86%)
$DOWI : 31,880.24 (+1.98%)
$IUXX : 12,034.28 (+1.68%)

Chart of the Day

Exxon Mobil Corp (XOM)

The Chart of the Day belongs to the major oil company Exxon Mobil (XOM). I found the stock by using Barchart's powerful screening function to find the stocks with the highest Weighted Alpha and technical buy signals then sorted that list by the most frequent number of new highs in...
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