NAR

Acting CFPB Director Mick Mulvaney suggested that digital mortgages should be held to different standards than ones originated by credit unions and banks.

Despite a healthier economy, growing household income was not enough to make an impact on home sales as the market still suffers from historically low levels of inventory.

A gauge of signed contracts to purchase previously-owned homes rose less than forecast in March while the prior month's reading was revised down, indicating a lack of inventory is restraining the market

New-home sales increased in March to a four-month high, mainly reflecting a surge in the West along with upward revisions to prior months that showed stronger first-quarter demand than previously estimated.

Sales of previously owned homes rose to a four-month high in March as buyers, fueled by a solid job market and tax cuts, quickly snapped up the limited number of available properties.

A gauge of signed contracts to purchase previously owned homes increased in February for the first time in three months, highlighting uneven progress in the industry.

Heading into a competitive spring housing market, optimism that now is a good time to buy hit its lowest share in two years, according to the National Association of Realtors.

A limited number of properties for sale against a backdrop of steady demand helped keep home prices elevated in January, according to S&P CoreLogic Case-Shiller data.

Sales of new homes fell for a third straight month and the supply swelled to the highest since 2009, suggesting that surging prices are increasingly deterring buyers.

Sales of previously owned homes rose more than expected in the first gain in three months, indicating that job gains and tax cuts are supporting demand despite low supply.