Housing inventory

Los Angeles and Inland Empire house prices increased by more than 8% for the second month in a row in April, the CoreLogic Home Price Index showed.

The median price for a single-family home in Santa Cruz County, Calif., remains breathtakingly high: $905,000 in April, according to Gary Gangnes of Real Options Realty.

More than half of the country's top housing markets are considered overvalued. Here's a look at the 12 cities where this trend is the most severe.

Despite gross home flipping profits hitting an all-time high in the first quarter, the average return on investment neared a three-year low, according to Attom Data Solutions.

Single-family home prices in the Seattle area continue to reach new highs despite increasing inventory in May, according to the Northwest Multiple Listing Service.

Metro Denver experienced a nearly 25% surge in the number of homes and condos available for sale in May versus April, according to a monthly update from the Denver Metro Association of Realtors.

Once again there were too many buyers and too few available homes in Tampa Bay and a few other parts of Florida in April.

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.

Mortgage rates fell for the first time in four weeks, dropping 10 basis points as investors' concerns over a government crisis in Italy drove bond yields lower.

While the rate of underwater borrowers continues to decline, many cities still struggle with a deluge of homeowners with so little equity that they have limited incentive or ability to put their homes on the market.