Housing inventory

The Southern California median home price surged 8.2% in May from a year earlier, hitting a new all-time high of $530,000, according to a report from CoreLogic.

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 existing single-family homes in Maine decreased slightly in May from a year earlier as a result of limited housing inventory, but prices continued to rise.

Sales of new and existing homes in the Albany, N.Y., region fell 7% in May from year-earlier levels as real estate brokers blamed a lack of available homes for the decline.

Savannah, Ga., area homes sales continue to heat up moving into the summer month's breaking records in both April and May.

Metro Atlanta home prices are up 9.9% from a year ago, even as the number of sales has slipped.

Mortgage rates slid over the past week and have now declined in three of the past four weeks, according to Freddie Mac.

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.

Walker & Dunlop has been approved as a seller and servicer under Freddie Mac's Affordable Single-Family Rental pilot program, allowing the company to focus on middle markets.

House listings in the Twin Cities posted a rare increase last month, a slight shift in the long-running sellers' market.