Real estate

Toronto's housing market showed signs of continued stabilization as sales surged amid a decline in benchmark prices.

In yet another milestone, the Sonoma County, Calif., median home price broke through the $700,000 mark.

Local homebuilding remained on a hot streak as through the first seven months of this year, single-family permits totaled 2,500 or 22% higher than the same period in 2017.

Houston home prices continued to climb in July, rising to an average of $314,775, but fell $1,688 shy of the all-time record set in June.

Single-family home sales in Connecticut fell in June, though the median price climbed to a five-year high.

Earlier this year the Legislature appropriated $200 million to help finance new affordable rental housing. Now a state-led panel advises that an additional $1 billion should follow over the next decade to further address Hawaii's shortage of affordable apartments.

Distance from work is a big part of the home buying decision, particularly since a quick commute often comes with higher home prices and less space. But the sweet spot in some cities is just 15 minutes away.

The Pennsylvania Housing Finance Agency is switching to Black Knight's LoanSphere MSP to service the agency's $4.9 billion mortgage loan portfolio.

Contract signings to purchase previously owned homes rose for the first time in three months, indicating the housing market is stabilizing on the heels of a modest pickup in listings, lower taxes and a robust labor market.

Sacramento home sales have hit a summer slump as potential buyers back away from escalating prices and rising mortgage interest rates.

Homeownership levels reached their highest point since the third quarter of 2014, but some races saw their rates fall, according to the U.S. Census Bureau.

Would-be homebuyers in New York's Hamptons are holding off on purchases as they wait for sellers to bring prices down.

The Marin, County, Calif., median home price jumped to $1.165 million in June, up 8.4% over the $1.075 million median price in June 2017.

International activity in the U.S. real estate market plummeted as foreign homebuyers are competing with domestic purchasers for a limited supply of homes, according to the National Association of Realtors.

Blackstone Group has made its first bet on manufactured housing by buying a portfolio of communities sold by Tricon Capital Group.

Although the number of sales slowed, Rhode Island's median house price for the second quarter, $280,000, was the highest quarterly price in 11 years.

Home prices slipped across Manhattan and Brooklyn last quarter, but rose in Queens, according to a new report.

Both home price increases and the reduction in the houses for sale inventory slowed in June, a good sign for purchase activity picking up in the second half of the year, according to Redfin.

One of the biggest trade secrets cases in U.S. history took a bizarre turn, with the company that lost a $706 million jury verdict saying it uncovered "bombshell" evidence of fraud thanks to whistle blowers who used to work for the winning side.

Income inequality is a significant challenge facing America. But when it comes to real estate values in local markets, significant price inequality may actually help homebuyers.