Latest Home selling News

US sales of newly built homes fell 0.4% in December, but 2019 was strongest year for sales since 2006

Jan. 27, 2020 10:02 AM EST
WASHINGTON (AP) — US sales of newly built homes fell 0.4% in December, but 2019 was strongest year for sales since 2006.
In this Jan. 9, 2020, photo a sold sign is posted on a real estate sign in front of the foundation of a pre-constructed home in Derry, N.H. On Thursday, Jan 23, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Charles Krupa)

Long-term US mortgage rates slump to 3-month lows

Jan. 23, 2020 11:27 AM EST

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week to their lowest level in three months, deepening the incentive for prospective homebuyers although they face eroded affordability as prices continue to climb. Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 23, 2020. Asian shares are mostly higher as health authorities around the world move to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. (AP Photo/Ahn Young-joon)

Asian shares higher despite growing impact of China virus

Jan. 23, 2020 12:42 AM EST

BANGKOK (AP) — Asian shares were mostly higher Thursday as health authorities around the world moved to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. China and other nations have ramped up screenings for fever on aircraft and at airports in measures that...

This Jan. 9, 2020, photo shows a sold sign is posted on a real estate sign outside a home in Derry, N.H. On Wednesday, Jan. 22, the National Association of Realtors reports on sales of existing homes in December. (AP Photo/Charles Krupa)

US home sales soared 3.6% in December

Jan. 22, 2020 11:30 AM EST

WASHINGTON (AP) — U.S. home sales climbed 3.6% in December, but a record-low inventory of houses on the market has caused prices to surge as affordability is worsening. The National Association of Realtors said Wednesday that sales of existing homes rose last month to a seasonally adjusted annual rate of...

Signs point up for small manufacturers, home remodelers

Jan. 20, 2020 12:15 PM EST

NEW YORK (AP) — Recent economic indicators point to an easier time ahead for small manufacturers and companies in the home remodeling industry. A decline in the home repair and remodeling market that began in the first quarter of 2019 is projected to end with the third quarter of this year, according to...

FILE - This Sept. 25, 2019, photo shows a sign indicating a new selling price for a house sits atop a realtor's sign in Jackson, Miss. On Tuesday, Dec. 31, the Standard & Poor's/Case-Shiller 20-city home price index for October is released. (AP Photo/Rogelio V. Solis)

US home prices gains accelerate in October for 2nd month

Dec. 31, 2019 9:37 AM EST

WASHINGTON (AP) — U.S. home prices rose faster in October than the previous month as many would-be buyers competed for a limited supply of available properties. The S&P CoreLogic Case-Shiller 20-city home price index rose 2.2% in October from a year ago, up from a 2.1% annual gain in September. The...

FILE - This June 13, 2019, photo shows a house with a

Pending homes sales rebound in November

Dec. 30, 2019 10:30 AM EST

WASHINGTON (AP) — Americans signed more contracts to purchase homes in November, a rebound from the previous month, indicating that the housing market is still strong. The National Association of Realtors said Monday that its pending home sales index, which measures the numbers of purchase contracts...

This Week: Home sales, consumer confidence, Fed minutes

Dec. 30, 2019 1:10 AM EST

A look at some of the key business events and economic indicators upcoming this week: HOUSING MARKET BELLWETHER The National Association of Realtors issues its November tally of pending U.S. home sales Monday. The trade group's pending home sales index, which measures the number of purchase contracts signed, fell...

FILE - In this June 13, 2019, photo a new home is under construction in Mechanicsville, Va. On Monday, Dec. 23, The Commerce Department reports on sales of new homes in November. (AP Photo/Steve Helber, File)

US home sales tumbled 1.7% in November

Dec. 23, 2019 10:56 AM EST

WASHINGTON (AP) — Home-buying slumped in November, with many Americans priced out of the market by rising prices and a shortage of sales listings. The National Association of Realtors said Thursday that sales of existing homes fell 1.7% last month to a seasonally adjusted annual rate of 5.35 million....

US home sales fell 1.7% in November as high prices and supply shortage pose challenge for would-be buyers

Dec. 19, 2019 10:03 AM EST
US home sales fell 1.7% in November as high prices and supply shortage pose challenge for would-be buyers.