NAR

Sales of previously owned homes unexpectedly slumped for a fourth month to the weakest in more than two years, signaling higher prices and tight supplies continue to squeeze demand, a National Association of Realtors report showed.

An improved economy, a healthy labor market and the large population of millennials should have accelerated home sales much higher, but all hope for more transactions this year is not yet lost, according to the NAR.

San Antonio’s housing market grew even hotter amid July’s sweltering temperatures, demonstrating the strength of the local economy but posing a threat to aspiring middle-class homeowners.

Lawmakers authorized a four-month extension less than a day before the program was set to expire.

Contract signings to purchase previously owned homes rose for the first time in three months, indicating the housing market is stabilizing on the heels of a modest pickup in listings, lower taxes and a robust labor market.

International activity in the U.S. real estate market plummeted as foreign homebuyers are competing with domestic purchasers for a limited supply of homes, according to the National Association of Realtors.

With the program set to expire July 31, the House bill will have to be reconciled with Senate legislation that includes a longer extension.

Purchases of new homes fell in June to the slowest pace in eight months, while the median selling price declined to the lowest in more than a year.

Sales of previously owned homes unexpectedly fell in June, indicating a shortage of affordable listings and rising prices continue to limit demand, a National Association of Realtors report showed.

Reps. Ed Royce, R-Calif., and Earl Blumenauer, D-Ore., introduced a bipartisan package of legislation Tuesday to extend the National Flood Insurance Program through Nov. 30.

Once again, congressional inaction on reauthorizing the National Flood Insurance Program is prompting concerns about what a lapse in coverage could mean for loan closings.

An index of contract signings to purchase previously owned homes unexpectedly declined for a second month in May, reflecting a persistent shortage of available homes.

Home sales dipped in Ohio and across the nation last month, as prices climbed, mortgage rates inched up and would-be buyers were stymied by a persistent shortage of available properties.

The share of consumers confident that it wouldn't be difficult to obtain a mortgage in the current market shot up 10% from a quarter ago, according to the National Association of Realtors.

Sales of previously owned homes unexpectedly fell in May for a second month as a lack of inventory and elevated asking prices weighed on demand, National Association of Realtors data showed.

Contract signings to purchase previously owned U.S. homes unexpectedly declined in April, underscoring the housing market's challenge centered around a persistent inventory shortage.

Sales of previously owned homes fell in April to a three-month low as lean inventory continued to stand in the way of further progress while driving up prices.

Purchases of new homes fell in April, reflecting a setback in the Western part of the country and indicating rising borrowing costs and property prices may limit the market's progress.

Newbies to Chicago's suburbs are increasingly stowing cars and slipping into walking shoes.

Dallas-Fort Worth home prices rose by only 6% in the first quarter.