Home prices

While affordability continues to affect homebuyers, rising income combined with descending interest rates and decelerating housing values boosted the purchase market, according to First American.

Homes in the Rockford, Ill., region sold for $147,000 on average last month, the highest monthly average price since July 2006.

Home-price gains in 20 U.S. cities decelerated for a 15th straight month and were weaker than projected, pointing to continued cooling in the housing market.

The median sales price for existing single-family homes in Manatee County, Fla., hit $325,000 in July, the highest median price since the housing crisis and Great Recession more than a decade ago — and near a historic all-time high.

Sales of existing single-family homes in Maine remained relatively flat in July compared with a year earlier, while the median sale price increased by about 2%.

Sales of new homes fell in July, missing estimates, after an upward revision to the prior month brought those sales to the highest level since 2007, a sign that lower borrowing costs may be helping stabilize purchases.

Austin-area home sales and the median price of those homes both hit all-time highs last month for any July on record, the Austin Board of Realtors said.

The median price of Palm Beach County, Fla., houses sold by Realtors last month was $355,013, up 1.4% from July 2018, but a bit below May's high point of $364,900.

Central Ohio home prices continued their record ascent in July, as the one of the nation's hottest real estate markets shows no sign of cooling.

Mortgage debt hit an all-time high, but the share of homeowners with financing has fallen to a low not seen in 13 years, according to the Urban Institute.

Sales of previously owned homes increased in July to a five-month high, underscoring stability in the residential real estate market that may be starting to get a boost from falling borrowing costs.

Last year, the battle for the bid, the guerrilla warfare over the Lehigh Valley's dwindling supply of middle-priced homes, was a public spectacle.

A healthy gain in home sales in the Twin Cities metro last month helped push prices to a new high.

Here's a look at 12 of the nation's most affordable housing markets, based on the lowest shares of median local income needed to buy a house in the area, according to Redfin.

Albuquerque, N.M., home prices dipped slightly last month, but still maintained their torrid rate of growth over the past year.

The spring home buying market — traditionally the strongest of the year — didn't do much to boost overall home sale prices in greater Hartford this year.

The Jacksonville, Fla., housing picture continued its trend of mixed results in July.

While talks of an impending recession pick up steam, the housing market remains fairly stalwart and won't be to blame this time around, according to Zillow.

July brought some zip to a Portland area housing market that had been in the doldrums relative to the past few years, but the rally might prove short-lived.

Despite a record streak of higher prices, some economists believe homes in certain Bay Area communities should be considered a bargain. And that's even with median price tags easily topping a million bucks.