Powell: A lot of factors weighing on home building: Labor, lots, rates

A gauge of home builder sentiment fell off a cliff in November as a litany of industry headwinds - expensive labor, scarce lots, higher mortgage rates - finally caught up......»»

"Fully realizing the benefits of a strong labor market will take continued support from both near-term policy and longer-run investments," Powell said. .....»»

The pace of home-building is still ramping up in the wake of this summer’s drop in interest rates......»»

U.S. homebuilding rebounded in October and permits for future home construction jumped to a more than 12-year high, pointing to strength in the housing market amid lower mortgage rates......»»

Low rates aren't everything. You should also consider how long you will stay in the home before moving and whether you will recoup your transaction costs......»»

Sales of new U.S. single-family homes sank more than expected in July, a sign that the housing market continued in low gear despite lower mortgage rates and a strong labor market......»»

U.S. home sales rose more than expected in July, boosted by lower mortgage rates and a strong labor market, signs the Federal Reserve's shift toward lower interest rates was supporting the economy......»»

U.S. home sales rose more than expected in July, boosted by lower mortgage rates and a strong labor market, signs the Federal Reserve's shift toward lower interest rates was supporting the economy......»»

Helping poorer Americans who were “left behind” after the last recession was one of the chief goals cited by Federal Reserve chief Jerome Powell this week when the central bank cut interest rates. Evidently the Fed is succeeding......»»

After weak home sales data and re-weakening in mortgage applications (but a modest recovery in homebuilder sentiment), expectations were for a slowdown in starts and permits but t.....»»

Stocks opened higher Thursday, building on gains that saw the Nasdaq Composite index end in record territory Wednesday, and the SP500 hit 3,000 for the first tim.....»»

Gold continues higher Thursday, building on gains scored a day earlier as remarks by Federal Reserve Chairman Jerome Powell were seen signaling a rate cut remains likely at the end of the month......»»

Stocks are set to open higher Wednesday as Federal Reserve Chair Jerome Powell said the central bank will “act as appropriate” to sustain expansion as “crosscurrents” are weighing on the economic outlook......»»

Stocks are set to open higher Wednesday as Federal Reserve Chair Jerome Powell said the central bank will “act as appropriate” to sustain expansion as “crosscurrents” are weighing on the economic outlook......»»

Rates for home loans fell again, overcome by all the same factors that have dogged financial markets for the past decade, including low inflation and unease about economic growth......»»

Summary: Fed leaves rates unchanged, says economic growth has slowed form Q4, even as labor market still st.....»»

Homebuilder optimism dipped slightly in April according to the National Association of Home Builders/Wells Fargo housing market index. Builders are affected by a shortage of building lots and higher........»»

Fed Chairman Jerome Powell said the central bank’s slow and steady path of raising rates will keep the labor market strong, allow inflation to rise and guard against shocks......»»

U.S. homebuilding tumbled in April and permits fell, suggesting the housing market continued to tread water amid shortages of land and skilled labor......»»

Construction and trades men may soon be joined by more women and robots, or give way to factory-built homes, as the home-building industry strains under tight labor conditions......»»