Sales of newly built, single-family homes surged 8.3 percent to a seasonally adjusted, annual rate of 497,000 units in June, their fastest pace in the last five years, according to data released today by HUD and the U.S. Census Bureau.

Builder confidence in the market for newly-built single-family homes hit a significant milestone in June, surging eight points to a reading of 52 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.

Sales of new and existing homes continue to show growth, confirming a healthy recovery is underway in the housing sector.

As remodelers and builders gather in Las Vegas for the International Builders Show, the Remodeling Market Index hit 55 in the fourth quarter of 2012, up five points from the prior quarter.

The Remodeling Market Index reached 55 in the fourth quarter of 2012, increasing five points from the previous quarter it was the highest reading since the first quarter 2004, according to the NAHB.

Sales of newly built, single-family homes rose 7.6 percent to a seasonally adjusted annual rate of 369,000 units in May, according to newly released data from HUD and the U.S. Census Bureau.

Sales of newly built, single-family homes declined 7.1 percent to a seasonally adjusted annual rate of 328,000 units in March from an upwardly revised, robust pace of 353,000 units in February, according to newly released figures from HUD and the U.S. Commerce Department.

IKEA is launching its 7th IKEA PS collection, which puts a focus on cutting-edge Scandinavian furniture design while maintaining core IKEA values – quality design at an affordable price.

Builder confidence in the market for newly built, single-family homes declined for the first time in seven months this April, sliding three notches to 25 on the National Association of Home Builders/Wells Fargo Housing Market Index, released today.

The National Association of the Remodeling Industry is raising awareness of the dangers of lead exposure by observing National Lead Poisoning Prevention Week Oct. 23-29, 2011.