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Sector Snap: Homebuilder shares tumble

Homebuilder stocks fell sharply on Thursday, as one major builder reported weaker-than-expected new home orders and another said customer traffic slowed last month as mortgage rates began to rise. That stoked investor concerns that rising interest rates could hold back the pace of the housing recove Full story

Economic recovery slow to take root for some in UK

HUCKNALL, England (Reuters) - Britain's fledgling economic recovery is reaching at least some people in this former mining town in the country's Midlands. Full story

News Summary: US new-home sales highest in 5 years

SALES JUMP: Americans snapped up new homes in June at the fastest pace in five years, a sign the housing recovery is strengthening. Sales of newly built homes rose 8.3 percent last month to a seasonally adjusted annual rate of 497,000, the Commerce Department said Wednesday. Full story

Early stages of housing recovery: Smith

   Richard Smith, president & CEO, Realogy, says the country is in the early stages of a housing recovery. Early indications are that rising interest rates and home prices are not having a significant impact on the market, yet. First-time buyers are havin...

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3 Reasons Ellie Mae Is a Buy

Ellie Mae's stock quintupled in 2012, but it's down 11% so far in 2013. Can this growth stock return to its days of glory? Full story

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American Consumers Are Buying the Housing Recovery

Trio of surveys point to strengthening UK economy

Dow Jumps 1%, This Time on Good News

Auto, factory data hint at some momentum in economy

US home prices rise in May by most in 7 years

Are These 3 Housing Plays Still Safe?

Taper tantrum conceals brightening growth picture

Confidence of homebuilders jumps as recovery deepens

Pending home sales hit three-year high

Analysis: Housing price gains mask lingering market weaknesses

Video

  Race to Lock in Lower Mortgage Rates

Can rising mortgage rates derail the housing recovery? David Castillo, Bonwick Capital; and Shari Olefson, Carnegie Group, weigh in.

  Higher Rates Hamper Housing Recovery?

James Grosfeld, former Pulte Home Corp. chairman & CEO, explains how a significant rise in interest rates will limit the number of families applying for mortgages.

  Mortgage Applications Fall 3% From Last Week

The "Squawk on the Street" team discusses whether the rise in interest rates will derail the housing recovery.

  Landmark Housing Report Today

Is the housing recovery real? Ryan Serhant, Nest Seekers; Fredrik Eklund, Bravo's "Million Dollar Listing New York"; and Don Peeble, The Peebles Corporation, discuss.

  Mortgages: 'Don't Kill the Golden Goose'

John Stumpf, Wells Fargo chairman & CEO, shares his thoughts on where the "purchase money business" is likely headed, along with banking, and the housing recovery.

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Related Photos

A U.S. flag decorates a for-sale sign at a home in the Capitol Hill neighborhood of Washington
A U.S. flag decorates a for-sale sign at a home in the Capitol Hill neighborhood of Washington

A U.S. flag decorates a for-sale sign at a home in the Capitol Hill neighborhood of Washington in this file photo taken August 21, 2012. U.S. single-family home prices rose more than expected in February, racking up their best annual rise since May 2006 in a fresh sign the housing recovery remains o

Monthly Rise In Housing Starts Highest In Four Years
Monthly Rise In Housing Starts Highest In Four Years

Workers put brick facing on a group of row houses under construction October 17, 2012 in Chicago, Illinois. The housing recovery is building up steam, but lenders need to loosen tight standards for ti to accelerate further.