Economy

Clearinghouse CDFI will use funds from the $2 million investment to support affordable-housing and economic development projects in communities and Native American reservations in California, Nevada and Arizona.

The median price of an existing, detached single-family home rose significantly in Southern California in October compared with the same month a year ago.

The White House and congressional GOP leaders are eyeing a tight window between tax reform passage and the 2018 midterms to pass housing finance reform. And with key policymakers readying their exit, the effort could be the most concerted push yet.

Toronto-area land prices have gotten so high that developers are struggling to build new homes that people can afford.

Long Island real estate prices climbed last month, as buyers got into bidding wars over a dwindling supply of homes.

New-home construction rebounded in October to the fastest pace in a year, partly reflecting recovery efforts in the hurricane-stricken South.

The FHFA is allowing Fannie Mae and Freddie Mac to invest in the credits for the first time since they entered conservatorship. Its purpose is to promote affordable housing in underserved markets.

Housing inventory nationwide has declined for more than two years. But in a small number of markets, the number of homes for sale is growing.

Four Texas markets have had the most home price appreciation in the country during the last decade.

There were 1.4 million fewer properties seriously underwater in the third quarter, marking the largest year-over-year drop since the second quarter of 2015, according to Attom Data Solutions.

The plan is up from the previously announced 200,000 homes.

Many have speculated that low refinance rates have been preventing homeowners from selling, but this factor is less consequential than expected, according to ValueInsured.

Orlando-area home sales that stalled immediately following Hurricane Irma appeared to have finally closed in October.

Benefit Street Partners is securitizing 20 short-term commercial real estate loans it originated or acquired for transitional properties currently with unstable cash flow.

Hurricane Irma could do little to slow surging home prices in the Manatee-Sarasota region in September. Or across Florida, for that matter.

Sonoma County, Calif., renters, property managers and housing advocates say the October wildfires grabbed hold of a constrained rental market and squeezed it by the throat.

Appraiser and homeowner opinions on home values continue to converge, with the gap between the two viewpoints narrowing for the fifth consecutive month.

Sterling Bancorp in New York is determined to turn Astoria Financial's largely residential operation into a commercial powerhouse. While investors are skeptical, CEO Jack Kopnisky has proven in the past that such an ambitious plan is doable.

A real estate agent allegedly duped two home buyers into thinking they had purchased a Boynton Beach, Fla., residence but instead pocketed their down payment and monthly payments, according to an arrest report.

Baltimore-area home sales and prices continued their upward climb in October, as inventory contracted for the 26th consecutive month.