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With strong housing demand continuing in Central Texas, new home starts increased almost 7% in the first quarter compared to the first three months of last year, according to new industry data.

Southern California home prices dropped $500 in March from the year before, the first annual price drop in the region in seven years, real estate data firm CoreLogic reported.

The debt collection proposal is expected to address how debt collectors can use text messages and emails to track down debtors.

Millennial homebuyers are increasingly using savings from their primary paychecks to put money down on a home, according to Redfin.

Commercial mortgages placed into special servicing grew last year, but default and foreclosure dollar volume fell as legacy loan resolutions outpaced newly distressed loans, according to Fitch Ratings.

Growing wages combined with flat mortgage rates handed homebuyers' increased affordability with a 2.4% boost in purchasing power for February, according to First American Financial Corp.

A drop in property sales in San Francisco suggests a housing slowdown despite a booming economy, according to city Assessor-Recorder Carmen Chu.

Along a stretch of South Los Angeles near the Expo light rail line, investment dollars are pouring in.

Homeownership tenure took a dip at the start of the year as the housing market cooled off. And while improved affordability helps, consumers are still staying put for nearly twice as long as they were before the crisis.

Toronto, Montreal and Vancouver have seen the biggest net inflow of millennials in 12 years, a key reason demand for housing is expected to remain strong, despite spiraling costs, according to Royal Bank of Canada.