Real Estate, Home Resales | featured news

Existing home sales touch three-year high

Home resales hit a three-year high in February and prices jumped, adding to signs of an acceleration in the housing market recovery, even though the supply of properties on the market increased.

 

Home resales climb, housing recovery gains traction

Home Resales

Home resales rose in October and a gauge of homebuilder sentiment climbed to a six-year high in November, a sign slow improvements in the labor market are helping the housing sector recovery gain traction.

 

Pending homes fall in June, supply blamed

Contracts to buy previously owned U.S. homes unexpectedly fell in June as fewer properties came on the market, an industry group said on Thursday, pointing to weak home resales in July.

 

Existing home sales fall in June, prices rise

Home resales fell in June but the median sales price was higher than a year earlier as fewer people sold their homes under distressed conditions, giving mixed signals for the country's nascent housing market recovery.

 

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