Housing inventory

As Washington weighs a national housing emergency, U.S. homeownership has slipped year-over-year, according to Redfin.

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Homebuilder stocks are headed for their best monthly performance in over a year as the housing market increasingly shows signs of life. 

An index of contract signings slipped 0.4% last month to 71.7, around where it's lingered for much of the year, according to National Association of Realtors data released Thursday.

Contract signings on new single-family homes ticked down to a 652,000 annualized rate, with the strongest demand in the West, according to a government report issued Monday.

Home-purchase contracts in the US were canceled at a record rate for July as jittery buyers got cold feet. 

New residential construction increased 5.2% last month to an annualized rate of 1.43 million homes, according to government figures released Tuesday.

Home Depot Inc. sales returned to growth in the second quarter as shoppers invested in smaller projects, such as lighting and gardening.

Borrowers affected by the blazes are also reeling from homeowners insurance woes, contractor shortages and inflation making rebuilding difficult.

The 35% levy on Canadian goods does not include any carve outs for lumber or building supplies, with their costs already rising, Cotality's Selma Hepp said.