News

Existing Home Sales Rise to Fastest Pace in Three Years

Home resales rose sharply in November to their fastest pace in three years, a sign the recovery in the housing market is gaining steam.

U.S. Home Building Permits Approach Four-and-Half-Year High

U.S. homebuilding permits touched their highest level in nearly 4-1/2 years in November, pointing to strength in the housing market, even though groundbreaking activity dropped.

Two Killed as Sicilian Apartment Buildings Collapse

Two people were killed and 10 were injured when two apartment buildings collapsed overnight in the historical center of Palermo in Sicily, Italian emergency services said on Tuesday.