Declining mortgage rates and incentives from builders are likely to draw potential buyers back into the housing market.
Read More US single-family housing starts jump to more than 1-1/2-year highTag: Conrad DeQuadros
US job openings hit more than 2-1/2-year low as labor market cools
U.S. job openings fell to more than a 2-1/2-year low in October, the strongest sign yet that higher interest rates were dampening demand for workers.
Read More US job openings hit more than 2-1/2-year low as labor market coolsUS economy grows 5.2% in third quarter; higher interest rates sapping momentum
The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have since waned.
Read More US economy grows 5.2% in third quarter; higher interest rates sapping momentum