Tight Supply Constrains Existing Home Sales
Monthly sales of previously owned homes slowed, and a stubbornly tight supply of properties was blamed for the weakness.
7-Year High for New Home Construction
Expectations were already high for new residential construction activity. But monthly results came in even better than expected -- reaching the highest level in more than seven years.
Pending Home Sales at 21-Month High
Pending home sales moved higher last month, climbing to the highest level in 21 months. But some regions of the country saw declines.
Home Price Index Reflects Solid Gains
House prices continued to strengthen on a national basis, according to a widely watched home price index. Two cities are seeing exceptional pricing gains.
Northeast Leads Drop in New Home Sales
Following a surge during February, national new home sales slowed down last month. Sales in the Northeast took the biggest beating.
Strong Jobs, Low Rates Behind Surge in Home Sales
Improvement in U.S. employment and relatively low interest rates on home loans helped to jump start home sales at the start of the spring shopping season.
South Leads Rise in Home Builder Confidence
Home builders have grown more optimistic about market conditions, with builders in the South boasting the most improved view.
Home Prices Rise, Maybe Too Much
U.S. home prices increased during the first month of the year, according to a closely watched index. But the pace of increase might price some shoppers out of the market.
Unexpected Rise in Pending Home Sales Good Sign
An increase last month in the level of pending home sales was unexpected and a good sign for the spring home buying season.
Increased New Home Sales Surprise Analysts
New home sales surprised analysts last month and jumped to the highest level in seven years -- a possible sign of improvement in the U.S. housing market.