Existing home sales surged to their highest level in 18 months in March as more homes came on the market, a sign of strengthening in the housing market.
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Housing starts rose far less than expected in March and permits recorded their biggest drop since last May, which could raise concerns about the economy.
Consumer confidence rebounded in March amid optimism over the labor market while house prices rose in January, offering hopeful signs for the economy.
Existing home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather.
Housing starts plunged to their lowest level in a year last month, likely as harsh weather kept builders at bay, a temporary setback for the housing market.
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Sales of new homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market.
U.S. home sales hit a snow drift in January, plunging to the slowest pace in nine months, hitting their lowest level since last April.
Housing starts fell last month as ground breaking for single-family homes slipped, but stayed at levels consistent with a slowly improving housing market.
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Single-family home price appreciation slowed further in November as lean inventories and tight lending standards limited housing activities.
More Americans purchased homes in December, yet total sales slipped in 2014 as first-time buyers struggled to find houses.
Average long-term mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013.
Average U.S. mortgage rates started the year by falling to new lows, with the benchmark 30-year rate marking its lowest level since May 2013.
New measures from government-sponsored mortgage-lending enterprises could open the door to the same excesses that brought on the financial crisis.
The Federal Housing Finance Agency will now allow some homebuyers to take out mortgages with down payments as low as 3 percent.
Construction of new homes fell slightly in November, reflecting weakness in construction of single-family homes.
Areas with the strongest job markets have some of the costliest homes. And areas with the most affordable homes lack a solid base of middle class jobs.