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Tag Archives: recovery

Home prices post first 12-month gain since ’10

WASHINGTON — U.S. home prices are finally starting to increase consistently. A gauge of national home prices rose in June compared with the same month last year, according to the Standard & Poor’s/Case Shiller index released Tuesday. The year-over-year increase ...

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All signs pointing to steady housing recovery

WASHINGTON — The recovery of the U.S. housing market is looking steadier and more sustainable, a trend that will likely add to economic growth in 2012 for the first time in seven years. Purchases, construction and prices are gradually but ...

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U.S. home values have hit bottom, Zillow says

SEATTLE — U.S. home values have risen four consecutive months, Zillow.com said on Tuesday, a trend that led the housing website to declare that the market has turned the corner from its five-year slump. “After four months with rising home ...

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Numbers suggest housing market is recovering

WASHINGTON — U.S. builders started work on more homes and apartments last month and requested more permits to build single-family homes. The increases suggest the battered housing market is healing. The Commerce Department said Wednesday that builders broke ground in ...

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Bernanke says more Fed action is possible

WASHINGTON — Federal Reserve Chairman Ben Bernanke left open the possibility Wednesday of further Fed action to stimulate the economy. Speaking at a news conference, Bernanke walked a fine rhetorical line: He signaled that the Fed would act more aggressively ...

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Cardin: Small businesses growth engine of economy

U.S. Sen. Ben Cardin, D-Md., has served on the Senate Small Business and Entrepreneurship Committee since 2007. Cardin sat down at his Washington, D.C. office with The Daily Record to discuss some of the challenges — and victories — for small businesses in a recovering economy.

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