US home price gains weakened in December on slower sales

WASHINGTON (AP) — U.S. home values rose at a modest pace in December, a sign there are too few potential buyers to bid up prices. Real estate data provider CoreLogic says home prices rose 5 percent in December from 12 months earlier. That is down from the 5.5 percent price gain recorded in November. It's...

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US construction spending falls for second month in February

WASHINGTON (AP) — U.S. construction spending slipped for the second month in February, pulled down by a drop in single-family home building. Construction spending fell 0.1 percent in February after a revised 1.7 percent drop in January, the Commerce Department reported Wednesday. The result in part reflects bitter winter weather that constrained construction in many...

Signed contracts to buy US homes climb to 20-month high

WASHINGTON (AP) — More Americans signed contracts to buy homes in February, evidence that the spring buying season could open strong after sluggish sales for much of the winter. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index climbed 3.1 percent to 106.9 last month, the highest reading since...

As Google soars, a mobile-home park feels the heat

A Mountain View, Calif., mobile-home park has weathered the booms and busts of its high-tech neighbors. But in the latest boom, residents are feeling more than ever like they’re living in a company town as Googlers, dozens of them, settle inside the park.