Home prices

Manhattan condo owners who've enjoyed property-tax reductions are heading for the exits of their posh buildings as their breaks are set to expire.

The rate of annual home price appreciation sped up for the first time in over a year during April, affecting affordability at the low end of the market, according to CoreLogic.

The sluggish Southern California housing market showed signs of perking up in April, as prices ticked up one month after they fell for the first time since 2012.

The most borrowers in three years currently qualify for refinancing as the average for the 30-year fixed-rate mortgage dropped below 4% for the first time in over a year, according to Black Knight.

The spring home buying market got off to a disappointing start in April, as sales sputtered and the state marked the ninth consecutive month of year-over-year sale declines.

San Diego County home sales were down for the 12th month in a row in April, said real estate tracker CoreLogic.

Sale prices continued to inch higher in the Albany, N.Y., region and the number of houses sold continued to inch lower in April.

Expectations of economic growth paint a sunny picture for summer home buying with consumer confidence near an 18-year high, but borrowers' mixed view of their income prospects could compound affordability constraints.

Chattanooga home prices rose only about half as fast as the country as a whole in the past year and were nearly 27.5% below the U.S. average the first quarter of 2019, according to the National Association of Realtors.

The number of renters is growing three times faster than homeowners as would-be homebuyers increasingly are priced out of the market.