U.S. Existing Home Sales Plunge More Than Expected In May

Existing home sales in the U.S. tumbled by much more than anticipated in the month of May, according to a report released by the National Association of Realtors on Monday. NAR said existing home sales plunged by 9.7 percent to an annual rate of 3.91 million in May after plummeting by 17.8 percent to a […]

U.S. Housing Starts Jump 4.3% In May But Miss Estimates

New residential construction in the U.S. showed a notable rebound in the month of May, according to a report released by the Commerce Department on Wednesday, although housing starts still came in well below economist estimates. The report said housing starts jumped by 4.3 percent to an annual rate of 974,000 in May after plummeting […]

U.S. New Home Sales Pull Back Off Nearly Thirteen-Year High In February

After reporting a jump in U.S. new home sales in the previous month, the Commerce Department released a report on Tuesday showing home sales pulled back sharply in the month of February. The Commerce Department said new home sales tumbled by 4.4 percent to an annual rate of 765,000 in February after spiking by 10.5 […]

U.S. Existing Home Sales Pull Back Less Than Expected In January

Existing home sales in the U.S. pulled back in January after jumping in December, according to a report released by the National Association of Realtors on Friday, with existing home sales continuing a fluctuating pattern of monthly increases and declines. NAR said existing home sales slumped by 1.3 percent to an annual rate of 5.46 […]

Top 10 housing markets heading into the next decade

10 best housing markets for potential homebuyers These are the 10 best housing markets for potential homebuyers, according to a study by the National Association of Realtors. While the housing market has been hamstrung by a lack of inventory, high prices for aspiring buyers and economic uncertainty, some cities will emerge as clear winners for […]

US Home Prices Jumped 3.8% Last Year: Case-Shiller

U.S. home prices have risen at a quickening pace, according to the S&P CoreLogic Case-Shiller national home price index (not seasonally adjusted) for December released on Tuesday. The year-over-year increase of 3.8% was 0.3 percentage points above the November Increase. The national average rose by 3.8% for the year. Home prices jumped by 6.5% year […]

U.S. Existing Home Sales Pull Back Less Than Expected In January

Existing home sales in the U.S. pulled back in January after jumping in December, according to a report released by the National Association of Realtors on Friday, with existing home sales continuing a fluctuating pattern of monthly increases and declines. NAR said existing home sales slumped by 1.3 percent to an annual rate of 5.46 […]

U.S. Housing Starts Pull Back After Reaching 13-Year High

A report released by the Commerce Department on Wednesday showed a pullback in new residential construction in the U.S. in the month of January. The Commerce Department said housing starts slumped by 3.6 percent to an annual rate of 1.567 million in January after soaring by 17.7 percent to a revised rate of 1.626 million […]