Purchase

U.K. home sales collapsed last month as the government effectively shut down the market to help slow the coronavirus outbreak.

Home sales in Chattanooga, Tenn., fell nearly 18% last month and the inventory of houses on the market fell by more than 26% as home-bound Chattanoogans were less likely to want to either buy or sell their homes during the worst of the coronavirus shutdowns in April.

Mortgage applications increased 2.7% from one week earlier, as purchase volume is now outpacing the prior year's activity, according to the Mortgage Bankers Association.

Some cities saw drops in annual housing supply nearing 40% in early May, according to Zillow.

The ripple effect of buying, spending can drive small businesses back to success.

New-home sales in the U.S. unexpectedly increased in April after swooning a month earlier, suggesting the housing market is starting to stabilize.

Home sales in South Florida plummeted in April. Realtors blame the health and economic fears wrought by the pandemic caused.

Homebuilders were a rare, bright spot in an otherwise dreary April for Southern California's housing market.

Potential purchasers are looking to take advantage of low rates, despite worries about job security.

Central Ohio home sales fell sharply in April and dropped to their lowest level in a decade nationally, as the coronavirus pandemic took full hold of the real estate market.