Real estate

Rising demand and declining housing inventory are pushing home sales faster and at higher median prices than ever before, according to Remax.

There was little doubt, but new figures from the Toledo Regional Association of Realtors confirm that any lingering effects from the Great Recession on the northwest Ohio market are pretty much gone.

Lennar Corp., the Twin Cities' top homebuilder, plans to convert the vacant land commonly referred to as the "Prince Property" into a neighborhood with 200 market-rate and luxury houses.

Despite dipping in June, Central Texas home sales were up in the first half of the year over the first six months of 2017, likely putting the region's housing market on track for another record year.

New-home groundbreaking and permits fell in June to the slowest pace in nine months, as higher mortgage rates and elevated costs for labor and materials pinch the housing market.

June home sales couldn't keep pace with last year's levels.

Fewer sales of existing homes and uncertainty around future fiscal policies will result in fewer mortgage originations than previously expected, according to Fannie Mae.

A 6.8% increase year-over-year pushed the midpoint sale price of a home in Central Florida to $239,180 in June, the 84th straight month of increases.

Dallas-Fort Worth has had some of the biggest home price increases in the country since the Great Recession.

Canadian home sales rose in June at the fastest pace this year, led by a 17% surge in Toronto, a sign the market may be regaining strength.