ABC News (Australia) reports how apartment owners in buildings around the country have been alarmed by recent cases of structural flaws in high rise buildings.
Lennar Corp., the first big U.S. homebuilder out of the gate this earnings cycle, reported quarterly orders that beat expectations. a sign that low mortgage rates are fueling demand. The shares rose.
In the three months through May, home-purchase contracts rose 1% from a year earlier to 14,518 homes, the Miami-based company said in a statement Tuesday.