Housing market

The summer of 2018 is stacking up to be the most competitive on record for Twin Cities homebuyers.

June saw the largest monthly total of homes sold in the city's housing market in almost 11 years, according to Rockford Area Association of Realtors.

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.

Home sale prices continue to shoot up across metro Detroit, delighting many sellers but causing nightmares for the would-be buyers who keep getting outbid for the few properties on the market.