Pending home sales slump for second-straight month

Pending home sales saw a slight slump in July, dropping 1.8 percent to a Pending Home Sales Index of 110.7, according to the National Association of Realtors. Continue reading

Single-family housing starts take unexpected hit in July

Despite a decline in starts, which reflected curbed confidence in June amid mellowing lumber prices, experts said gains made in permit applications were a positive sign. Continue reading

End of foreclosure moratorium could help ease strain on inventory

Owners exiting forbearance later this year and into the next, may avoid foreclosure by listing their homes, if they have enough home equity. Continue reading

New single-family housing starts ramp up 6% in June: Census Bureau

The increase in housing starts is a welcome gift, but experts say builders aren’t yet betting recent improvements in materials costs are here to stay for the long term. Continue reading

Asian American homeownership is still lagging: Report

Asian American homeownership rates lag in numerous major cities including New York, Los Angeles and Boston. Continue reading

The Inman Handbook on existing-home sales

Three leading economists share what existing-home sales reveal about the market and how to properly use statistics to make client decisions. Continue reading

Home prices skyrocketed in March, notching biggest gain since 2005

Home prices rose 13.2 percent, according to the latest S&P/Case-Shiller US National Home Price Index, released Tuesday. Continue reading

Rising construction costs curbed homebuilders’ pace in April

The rising cost of lumber and appliances slowed the momentum of single-family building permits, starts and completions in April. Continue reading

Bubble trouble: Is the market on a collision course with disaster?

Soaring home prices have fueled talk of a bubble. Economists, however, think a gradual slowdown is more likely than a sudden pop. Continue reading