U.S. housing market recovering but price rises seen modest: Reuters Poll

WASHINGTON (Reuters) - The U.S. housing market is starting to recover and home prices will see modest growth this year and next, according to a Reuters poll, which also suggested the property market would get little boost from any Fed buying of mortgage-backed debt.

U.S. housing market recovery key to boosting growth: IMF

WASHINGTON (Reuters) - The International Monetary Fund said on Thursday it believes a recovery in the U.S. housing market is key to eventually boosting economic growth in the United States and bringing down the country's unemployment rate.

Economy is Slowing, Obama Can't Help, at Least Before November

President Obama’s economic recovery is caught in a tractor beam. He has long since abandoned major efforts to accelerate growth and job creation through government stimulus; now, there’s no way he could get them in time to dent the unemployment rate before November, even if he wanted to.

Sales of new U.S. homes dip in August

WASHINGTON (MarketWatch) — The sale of new single-family homes fell in August for the fourth month in a row, indicating that the depressed U.S. housing market shows no signs of recovery.

Sales dropped 2.3% last month to an annual rate of 295,000, the lowest level since February, the Commerce Department said Monday. After peaking in 2011 at 316,000 in April, new-home sales have gradually declined.