News

White House to Seek $50 Billion in Sadny Relief

President Barack Obama plans to ask Congress for about $50 billion in emergency spending to help rebuild states pounded by Superstorm Sandy, the New York Times reported on Wednesday.

Toll Brothers Results Indicate Steady Housing Recovery

Toll Brothers Inc, the largest luxury homebuilder in the United States, reported a higher quarterly profit and said new orders rose sharply, indicating that the U.S. housing market is well on its way to recovery.

Home Prices Post Biggest Jump in Over Six Years

Home prices posted their biggest annual jump in more than six years in October in a sign the housing sector continues to recover, data analysis firm CoreLogic said on Tuesday.