Housing markets

Mortgage rates dropped slightly for the first time after five weeks of increases, but this is only a temporary lull as the economy remains strong, Freddie Mac said.

The median sale price for single-family homes in Connecticut hit the highest level for August in five years, even as the number of houses sold decreased by 4.2% over the same period a year earlier.

Baton Rouge-area home sales were 7.4% lower in August than the year before as real estate activity dropped across the board.

Toronto's housing market continues to settle into a new normal as sales and prices changed little in September.

Single-family homes in Santa Fe, N.M., sold for 21% more in the third quarter of 2018 than during the same period last year, the Santa Fe Association of Realtors reported.

Southern California home sales hit a four-year low this past summer as rising costs and a lack of affordable homes cut into home shoppers' buying power.

If California voters approve Proposition 10 in November, the ramifications will be felt on the state's affordable housing, according to the Mortgage Bankers Association.

Homebuyers put about 15% toward a down payment on house, spend $40,000 in one-time fees and thousands in closing costs, presenting an opportunity for lenders to leverage education and product offerings to prepare them for a purchase.

It's been a rough year for Manhattan's home sellers, and they're not about to catch a break any time soon.

Local home construction dipped again last month, though the year-to-date pace of building continues to surpass that of 2017 by a healthy margin.

Homebuyers saving for a down payment contributed to the slowest rate of August price appreciation in nearly two years; and the market could have even less momentum by next summer.

Central Ohio home prices will "skyrocket" if Amazon picks Columbus for its second headquarters, according to a report released Monday by Realtor.com.

As more sellers lower their asking prices and competition eases, the share of homes sold above their listing keeps declining, according to Redfin.

Home shoppers were feeling beat up this spring, often finding themselves vying with up to a dozen other buyers for limited homes amid soaring prices.

Homebuyers looking in Seattle and the Eastside have had many more homes to choose from lately and have even seen prices drop significantly from their record-setting spring highs.

The number of Bay Area homes sold in August plunged by 10% year-over-year due to the scarcity of affordable homes.

Rising home prices and the depleted housing inventory led to another drop in pending home sales, according to the National Association of Realtors.

Millennials make up the largest constituent group for both homebuyers and sellers, which could put a squeeze on lending and eventually shift the market.

Lenders may start to see more homebuyers enter the market as the number of homes for sale is higher than at any point this year, according to Trulia.

As home prices continue to rise, a record-high 77% of people surveyed think it's currently a strong time to sell a house, according to the National Association of Realtors.