May 15th 2012 1:35PM
In what may go down as a banner day for the housing market, three pieces of good news out today point to the possibility of a recovery on multiple fronts. Homebuilder confidence hit a five-year high, while housing affordability -- an index based on the relationship between median home prices, median family incomes, and... Continue Reading »
Mar 26th 2012 11:15AM
Contract signings for home sales dipped slightly in February from January, but were significantly higher than February of last year, continuing a recent statistical trend that suggests a real estate recovery may be underway. The National Association of Realtors pending home index fell 0.5 percent in February 2012 from... Continue Reading »
Dec 29th 2011 12:45PM
WASHINGTON - The number of Americans who signed contracts to buy homes in November rose to the highest level in a year and a half. The best reading on pending homes sales since a federal home-buying tax credit expired appeared to encourage traders on Wall Street. Still, the National Association of Realtors cautioned that... Continue Reading »
Dec 23rd 2011 10:30AM
WASHINGTON -- The number of Americans who bought previously occupied homes rose last month. But the National Association of Realtors says it overstated about 3.5 million sales during and after the Great Recession, showing the housing market remains much weaker than previously thought. The private trade group says sales... Continue Reading »
Nov 30th 2011 11:30AM
WASHINGTON -- The number of Americans who signed contracts to buy homes jumped in October to the highest level in a year. But the gain follows three months of declines and isn't enough to signal a housing recovery. The National Association of Realtors said Wednesday that its index of sales agreements rose 10.4 percent... Continue Reading »
