Purchase

Sales of previously owned homes unexpectedly slumped for a fourth month to the weakest in more than two years, signaling higher prices and tight supplies continue to squeeze demand, a National Association of Realtors report showed.

Mortgage applications increased 4.2% from one week earlier, rising for the first time in over a month, according to the Mortgage Bankers Association.

After four straight months in which four out of 10 home buyers in Santa Cruz County, Calif., paid in excess of $1 million, more buyers in July closed deals in the less expensive areas of the county and the median price dipped from $927,500 to $885,000.

A Minnesota Supreme Court decision that upholds limits on how much communities can charge developers is being hailed as a major victory for those who argue that such fees are making housing in the Twin Cities unaffordable.

The market for vacation homes at Hawaii resorts rebounded last year to its highest level of sales in nearly a decade, according to a recent report.

While home sales are down across New York City during the second quarter of 2018, Staten Island is bucking this trend with an uptick in both sales and prices.

An improved economy, a healthy labor market and the large population of millennials should have accelerated home sales much higher, but all hope for more transactions this year is not yet lost, according to the NAR.

It's happening in larger, pricier housing markets: Buyers are starting to get fatigued, indicated by modest drops in existing home sales, mostly in competitive Western states like California and Washington.

Home prices are rising again in New Orleans after taking a dip last year, giving a boost to property owners but also likely intensifying the city's shortage of affordable housing.

The imbalance between homebuyers and sellers in the Twin Cities last month was a little less out of whack than it's been in years, but sellers still rule when it comes to the entry-level market.

Here's a look at the cities where house hunters and sellers have been the busiest during this summer's home buying season.

The hope is that more Americans will see the factory units not only as a more-affordable alternative to a traditional single-family house, but also an appealing one, without the old trailer-park stigma.

Fannie Mae decreased its 2018 origination forecast for the fourth time this year in anticipation of more upward pressure on rates, and housing weakness that persists despite increased overall economic strength.

Average mortgage rates fell, including the largest week-over-week drop of the past 12 months, but homebuyer demand stays mum, according to Freddie Mac.

San Antonio’s housing market grew even hotter amid July’s sweltering temperatures, demonstrating the strength of the local economy but posing a threat to aspiring middle-class homeowners.

Increases in Toronto pushed Canadian housing sales higher for a third month, further evidence the country's real estate market is regaining strength after it stumbled at the start of this year.

Purchase-loan share held steady month-to-month for the first time this year, even though it is still above year-ago levels in line with a seasonal decline, but growth remains in the forecast.

Prospective buyers of Metro Orlando homes who sat on the sidelines in June might have scored a bit of a bargain in July as prices dropped 1.3% during the month.

Mortgage applications waned for the fifth week in row, hitting their lowest levels in six months, as the summer's growing interest rates plateaued.

Homes in the Toledo, Ohio, area continued to sell quickly as they have done now for two years.