Article
US New Home Sales Rise For First Time In 3 Months As Prices Near 5-Year Lows
US New Home Sales Rise For First Time In 3 Months As Prices Near 5-Year Lows
With Case-Shiller reporting existing home price declines in half of America's largest cities, and despite a weaker homebuilder confidence print, New Home Sales were expected to rebound from April and May's ugly declines... and they did, but only very modestly.
New home sales rose 1.6% MoM (+4.8% MoM exp) marking the first rise in three months, but May's 7.3% MoM decline was revised up to a mere 4.3% MoM decline.
However, this bounce was not enough to get annual...
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Jul 2, 2026 / Tyler Durden
Building Codes For Energy Conservation Can Increase US Home Costs By $14,000: DOE
Building Codes For Energy Conservation Can Increase US Home Costs By $14,000: DOE
Authored by Naveen Athrappully via The Epoch Times,
States that adopt the updated 2024 International Energy Conservation Code could see building costs for a typical single-family home go up by $14,000, the Department of Energy (DOE) warned on June 26.
The International Energy Conservation Code (IECC) is a model code developed by the Washington-based International Code Council (ICC) for setting minimum energy efficiency requirements for commercial and residential buildings.
While the ICC doesn’t mandate its code, states and local jurisdictions...
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Apr 20, 2026 / Tyler Durden
'Wright Is Wrong': Trump Rejects Energy Secretary's Comment That Gas Prices May Not Drop Under $3 Until 2027
'Wright Is Wrong': Trump Rejects Energy Secretary's Comment That Gas Prices May Not Drop Under $3 Until 2027
Pain at the pump might not ease up for American consumers until 2027, according to Energy Secretary Chris Wright, who said on April 19 that the price of a regular gallon of gas could stay above $3 for the rest of the year.
Wright said a price of $3 per gallon of gas “could happen later this year, [but] that might not happen until next year” in an interview that aired on CNN’s...
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Sep 7, 2026 / Dave DeCamp
Ansar Allah: Saudi Strike Hits Prison in Yemen, Killing Seven, Including One Child
Yemen’s Ansar Allah, also known as the Houthis, said on Monday that a Saudi airstrike hit a prison in northern Yemen’s al-Jawf province, killing at least seven people, including a child, as the war in the country continues to escalate. Footage from Yemen’s Al Masirah TV shows the aftermath of the strike on the Central […]
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