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New-home sales jumped at the start of the year, reaching the strongest pace since mid-2007 on the heels of cheaper borrowing costs, favorable weather and a resilient labor market.

Growth in Puget Sound home prices accelerated as 2019 drew to a close, topping national averages for the first time all year, according to the latest S&P CoreLogic Case-Shiller Home Price Index.

Overall housing value growth remained steady in the fourth quarter with some states going way above the national average, according to the Federal Housing Finance Agency's Home Price Index.

The agency's director said both steps will come as part of an ongoing review of agency rules and show her "commitment under the law to be effective and evidence based” in providing clarity to stakeholders.

Southern California home prices shot up in January from a year earlier, as buyers fought over a meager supply of homes for sale across the six-county region.

Home prices in 20 U.S. cities advanced in December by the most in nearly a year on the heels of stronger demand and lean inventory.

The Department of Housing and Urban Development asked mortgage servicers and other stakeholders to respond quickly to a proposed set of foreclosure-sale policy improvements so it can finalize them soon.

With inventory tight, roughly 80% of housing markets had purchase bidding competition in January and value appreciation is expected to increase in the coming months.

With interest rates and unemployment at rock-bottom lows and home values rising, the part of JPMorgan's retail business that sells home loans to consumers made money last month, marking the first profitable January in five years, according to people familiar with the matter.

A rally in Treasuries that's driven 10-year yields toward record lows could have more room to run, a Goldman Sachs report said.