Real estate

A healthy economy and a shortage of housing inventory have helped drive single-family home sales for the month of March in Massachusetts to the highest it has been since before the recession a decade ago.

The Bay Area's housing supply may be low, but fierce competition among spring-season buyers continued to drive up home prices, which reached record highs in March in Santa Clara and Alameda counties.

Market rate developers would have to make 18% of rental units affordable to low- and moderate-income households under an ordinance the San Francisco Planning Commission approved.

The Louisiana agency that helps fund affordable housing developments across the state has revised its annual spending plan amid accusations from New Orleans housing advocates, developers and, most recently, Mayor Mitch Landrieu that the agency prioritized rural parishes over urban ones.

Home sales in Rhode Island fell by 1% in March, and the median price, $235,000, was up by 2%, but a 26% fallout in pending sales signals a further slowdown in the coming months.

The Seattle area has notched its sixth-straight month as the hottest real-estate market in the country, as prices climb even faster heading into the peak buying season.

Sales of existing homes in Wisconsin posted their best first quarter in at least a dozen years, the Wisconsin Realtors Association said.

Purchases of new homes unexpectedly increased in March to an eight-month high, indicating housing demand remained strong at the start of the spring buying season.

Housing costs -- both rents and home prices -- in the Metro Orlando area rose faster than in most metropolitan areas within the state and the nation in March from a year earlier, two new reports show.

Chicago home sales and prices rebounded strongly in March from a surprisingly sluggish February, just in time for the all-important spring housing season.

Home prices in 20 U.S. cities accelerated in the year through February for a fifth month, while nationwide property values also picked up.

A consumer's home purchase power only fell by 0.2% in February from January because wage growth has somewhat offset price increases.

Home prices reached their highest level since the recovery started, according to Black Knight Financial Services.

After months in the doldrums, the Miami-Dade real estate market showed signs of renewed life in March. But observers warned it could be short-lived.

Homes sales in Southwest Florida heated up in March, rising 8.6% over the year as the real estate market sailed into the end of the peak-selling season.

Sales of previously owned homes rose more than forecast in March to the fastest pace in a decade.

Home sale prices in the greater Hartford area rose in March, but sales didn't make any gains compared with the same month last year.

Stewart Information Services Corp. posted net income in the first quarter of $4.1 million, a turnaround from the $11.2 million loss one year ago.

MGIC Investment Corp. had net income of $89.8 million for the first quarter, an increase of nearly 30% over the same period last year of $69.2 million.

Real estate agents say 2017 could be a record-setting year for New Mexico's housing market.