Existing Home Sales Beat Expectations
With strengthening employment and the recent decline in interest rates and home prices, home buyers were busier last month than analysts had expected.
Building Permits Hit 6-Year High
Despite a drop in new multifamily construction, new building permits climbed to the highest level in six years.
Home Builders Grow Increasingly Confident
Growing confidence among U.S. consumers is spilling over into the nation's home building sector heading into the holidays.
Watt: New Normal Ahead
The head of the Federal Housing Finance Agency told real estate agents and brokers that a new normal is eventually ahead for mortgage lending.
Negative Equity Could Impact Florida Elections
Election outcomes in Central Florida are likely to be influenced by voters in distressed real estate markets who owe more than their homes are worth.
Homeownership Rate at Nearly 2-Decade Low
It's been nearly two decades since the rate of homeownership has been this low. Behind the declining share are lending restrictions, an uncertain job market and higher home prices.
Home Price Gains Lose Steam
Tight credit conditions, less interest in higher-priced homes and diminished seller expectations are taking a toll on home prices.
Midwest Fares Worst in Weak Pending Sales Report
Although the level of contract signings on existing homes was at the second-highest level in a year, volume was slower than expected. Activity in the Midwest was the weakest in the nation.
2014 High for Home Sales
Retreating mortgage rates and less competition from cash investors helped home buyers purchase more properties last month.
Residential Construction Rises
Home construction activity moved higher last month, with the construction of new apartment buildings leading the way.