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Housing demand unexpectedly weakened for a second month across most regions as lean inventory took a toll on affordability, putting a damper on the typically busier spring selling season.

A larger-than-projected decline in April sales of previously owned homes from a 10-year high indicates the residential real estate market remains constrained by a lack of inventory.

Home prices increased 6% in the first quarter from a year earlier as competition heated up for a scarcity of listings.

Chattanooga, Tenn., home prices continued to accelerate in the first three months of 2017 as sales outpaced the number of new homes put on the market, shrinking the available inventory of houses for home buyers to choose from in the area.

Consumers already apprehensive about affordable housing in South Florida will take little comfort in the latest price increases for existing single-family homes.

U.S. Treasury Secretary Steven Mnuchin has taken pains to stress that the Trump administration isn't out to kill Americans' beloved mortgage-interest tax deduction — but a side effect of the plan could turn it into a perk for only the wealthy.

Existing home sales prices increased on an annual basis by the most in eight quarters as new listings failed to keep up with the surge in demand, the National Association of Realtors said.

The National Association of Realtors sent a letter to the Senate backing the temporary resumption of a tax break for homeowners with mortgage forgiveness.

As a major force in the home buying economy, millennials are changing the game and Realtors are charged with keeping up.

Sales of previously owned homes rose more than forecast in March to the fastest pace in a decade.

The energy bust continues to seem ever more distant, especially in the local housing market where home sales and prices have been rising month after month.

Contracts to buy previously owned homes jumped in February by the most since July 2010.

Purchases of new homes increased in February to a seven-month high, indicating the effects of the recent rise in borrowing costs on the residential real estate market have been modest.

Sales of previously owned homes declined in February after rising a month earlier to the highest level in a decade, according to the National Association of Realtors.

Homes for sale listings are scarcer than they've ever been entering the spring selling season.

Slim pickings put a lid on home sales in the Twin Cities metro last month, the Minneapolis Area Association of Realtors said.