National Association

WASHINGTON | US pending home sales slip 0.7 percent in November

WASHINGTON— Fewer Americans signed contracts to buy homes in November as higher mortgage rates and prices squeezed would-be buyers out of the market, especially in the West. The National Association of Realtors says its pending home sales index dipped 0.7 percent last month to 101.4. The index based on contract signings has dropped 7.7 percent … Continue reading WASHINGTON | US pending home sales slip 0.7 percent in November

LINCOLN, Neb. | School bus driver shortage creates headaches for districts

LINCOLN, Neb. — School districts throughout the U.S. are struggling to find school bus drivers, a challenge that has worsened with low unemployment and a strong economy. The problem has become so severe that some districts are offering sign-up bonuses for new drivers, while others rely on mechanics, custodians and other school employees to fill … Continue reading LINCOLN, Neb. | School bus driver shortage creates headaches for districts

NEW YORK | Sinclair distances itself from commentary after protest

NEW YORK — The Sinclair Broadcast Group is distancing itself from commentary by its chief political analyst Boris Epshteyn, who this week supported the Trump administration’s efforts to stop migrants at the U.S. border with Mexico. The commentary has triggered protests, and the National Association of Hispanic Journalists said it is reconsidering allowing Sinclair representatives … Continue reading NEW YORK | Sinclair distances itself from commentary after protest

WASHINGTON | US new-home sales plunged 8.9 percent in October

WASHINGTON — Sales of new U.S. homes plummeted 8.9 percent in October, as the number of newly built, unsold homes sitting on the market climbed to its highest level since 2009. The Commerce Department said Wednesday that new homes sold at a seasonally adjusted annual rate of 544,000 last month. New-home sales have declined in … Continue reading WASHINGTON | US new-home sales plunged 8.9 percent in October

Home affordability watch: price tags in midsize metros

Big coastal cities have some of the highest house prices in the country. In comparison, medium-size cities are often relative bargains. But not always. Each quarter, NerdWallet calculates home affordability for 172 metropolitan areas for which the National Association of Realtors publishes home prices. NerdWallet narrowed its focus this quarter to 87 medium-size metros with … Continue reading Home affordability watch: price tags in midsize metros

SINGAPORE | Shares fall in Europe and Asia on Brexit, growth worries

SINGAPORE— Global shares were mostly lower Thursday ahead of a Thanksgiving break, as investors focused on slow Brexit negotiations and discouraging data from the United States. KEEPING SCORE: In Europe, Germany’s DAX index was 0.5 percent lower at 11,191.08 and the CAC 40 in France dipped 0.6 percent to 4,947.05. Britain’s FTSE 100 index lost … Continue reading SINGAPORE | Shares fall in Europe and Asia on Brexit, growth worries

ATLANTA | Voters raise concerns about voting machines, poll access

ATLANTA — Political activist Leah McElrath was reviewing her electronic ballot at a polling place in Houston when she was shocked to find Republican Ted Cruz listed as her choice in Texas’ high-profile U.S. Senate race. McElrath had voted a straight ticket for Democrats, but the machine had switched her vote in the Senate race … Continue reading ATLANTA | Voters raise concerns about voting machines, poll access

WASHINGTON | US pending home sales nudged upward in September

WASHINGTON— Pending home sales rose slightly in September, but contract signings are depressed from a year ago as affordability has become a greater challenge for would-be buyers. The National Association of Realtors says that its pending home sales index increased 0.5 percent last month to 104.6. But over the past year, this metric declined 1 … Continue reading WASHINGTON | US pending home sales nudged upward in September