Housing

U.S. home prices rose 5.7% in the first quarter from a year earlier as buyers competed for a limited supply of listings.

Home values rose 5% from a year earlier to a median of $187,000 in April, Zillow said Tuesday. That’s well above the 2% increase in home values the Seattle data company had predicted.

Home prices rose 2.1% from a year earlier in March when taking into account consumers’ buying power, less than half as much as the raw number, First American Financial Corp. said.

A Florida investment advisor says he has devised a path to homeownership for high-earning young professionals saddled with student loans: refinance them into 100% loan-to-value mortgages, placed in his firm's portfolio.

Toll Brothers Inc., the biggest U.S. luxury-home builder, reported fiscal second-quarter earnings that beat expectations, signaling that the market for costly homes is holding up.

Purchases of new homes in the U.S. surged in April to the highest level since the start of 2008, pointing to a robust spring selling season for builders.

The Federal Savings Bank in Chicago has partnered with CondoGrade, a local data company, to provide prospective buyers and sellers of condominiums with information about condo associations.

With the elderly population rapidly expanding as baby boomers enter retirement age, a task force from the Bipartisan Policy Center is calling on the federal government to spur renewed investment in affordable housing for seniors.

Home sales growth has been tepid nationwide thanks largely to a cooling down of the housing market in the West, according to an analysis from Summit Valuations.

New York luxury-condo builder Extell Development Co. says it’s taking longer than expected to obtain construction financing for its One Manhattan Square project as lenders pull back from the market.

Presumptive Democratic nominee Hillary Clinton appears likely to embrace a recent plan to merge Fannie Mae and Freddie Mac into a single government corporation if she wins the White House.

Sales of previously owned homes increased in April to a three-month high, led by a surge in the Midwest and indicating further improvement in the housing market during the busy spring-selling season.

Compressed inventory and lackluster homebuyer sentiment thanks to tight credit availability has hindered the housing market from performing at its full potential in April, according to First American Financial Corp.

Presumptive Republican presidential nominee Donald Trump and Democratic presidential candidate Sen. Bernie Sanders have something in common besides their populist support and views on fair trade: Economists don't like them.

The number of zombie foreclosures, properties in the foreclosure process that are vacant, dropped 30.1% from a year ago during the second quarter, according to RealtyTrac.

Fannie Mae forecasts flat to declining 30-year mortgage interest rates this year and next, while Freddie Mac thinks they will increase.

Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, introduced legislation Thursday to reform consumer credit reporting.

The Department of Housing and Urban Development issued a proposal Wednesday to codify recent changes to its reverse mortgage program and to provide additional protections for seniors, including a cap on annual interest rate increases.

Home prices in the San Francisco Bay Area, the epicenter of the U.S. technology boom and housing-affordability crunch, hit an all-time high last month.

New-home construction rose in April, extending a pattern of gains and losses that signals the homebuilding industry is contributing little to economic growth.