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Articles in "Real Estate"
New home sales made a U-turn after falling 4.6% in February to 411,000 homes sold. The sales of new single-family homes inched up 1.5% in March to 417,000.
March sales are up a...
Supply shortages in some housing markets continue to place upward pressure on prices.
As a result, home prices inched upward 0.7% on a seasonally adjusted basis from January to February, according to the Federal Housing Finance Agency.
From Feb. 2012 to Feb....
Supply shortages in some housing markets continue to place upward pressure on prices.
As a result, home prices inched upward 0.7% on a seasonally adjusted basis from January to February, according to the Federal Housing Finance Agency.
From Feb. 2012 to Feb....
The year 2012 was a turning point for housing with the sector contributing to overall economic growth for the first time in years.
But the nation’s labor market is still slow to pick up speed, suggested Richard Koss, director of mortgage market analysis for...
Existing-home sales continued to slip in March from inventory constraints, which continue to push home prices up, according to data from the National Association of Realtors...
The 14% increase in land values during the first three quarters of 2012 was four times greater than the rise in house prices, Capital Economics said in a new report.
The report calls the rising cost and reduced availability of building materials, labor and land "thorns in...
The 14% increase in land values during the first three quarters of 2012 was four times greater than the rise in house prices, Capital Economics said in a new report.
The report calls the rising cost and reduced availability of building materials, labor and land "thorns in...
Home improvement spending is expected to grow as the year progresses, according to data released Thursday by the Joint Center for Housing Studies of Harvard University. And such a jump is not unusual, considering spending in the segment grew 10% last year alone.
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The California housing market continues to gain momentum during the spring selling season, with new and existing property sales jumping 31.5% from February to March, according to San Diego-based DataQuick. Total sales overall rose from 28,719 to 37,764 units....
Jobless claims rose by 4,000 filings for the week ending April 13, dampening market optimism created by a 42,000 decline in filings a week ago.
In the most recent period, 352,000 unemployment claims were filed, up from a revised 348,000 a week ago.
The four-week moving average –...
The median price paid for a house in Southern California rose 23.4% from a year earlier, representing a 56-month high in March, according to San Diego-based DataQuick.
The median sales price for the six-county Southland...
The median price paid for a house in Southern California rose 23.4% from a year earlier, representing a 56-month high in March, according to San Diego-based DataQuick.
The median sales price for the six-county Southland...
All 12 Federal Reserve districts reported modest to moderate growth in economic activity in the Fed’s latest March Beige Book.
Residential and commercial real estate improved markedly since the...
All 12 Federal Reserve districts reported modest to moderate growth in economic activity in the Fed’s latest March Beige Book.
Residential and commercial real estate improved markedly since the...
The fiscal headwinds from tax hikes and sequestration should restrain economic growth and counter the tailwinds from housing as well as the continued Federal Reserve ultra-easy monetary policy.
Thus, 2013 economic growth will come in at about 2.3% — remaining modest...