Insider Q&A: KB Home CEO Jeffrey Mezger on housing market

LOS ANGELES - The market for new U.S. homes strengthened for much of 2015, with sales rising 14.5 percent through the first 11 months of the year. Steady job growth and low mortgage rates spurred sales higher. At the same time, rising prices amid a dearth of available resale homes in many markets remain hurdles for many would-be homebuyers.