Housing markets

Nationally, home sales numbers are on the decline as prices rise and inventory remains low, but New Mexico continues to buck the trend with monthly increases in the number of sales reported to the Realtors Association of New Mexico.

Purchases of new homes rebounded in August from the slowest pace in almost a year, a potential sign of stabilization in the market, according to government data Wednesday.

Cleveland-area house prices rose at a faster pace in July, even as price growth cooled in other major cities and across the nation.

With hundreds of digital mortgage products on the market, lenders must focus on their core business objectives to avoid getting overwhelmed by all the bells and whistles, says Teresa Blake, managing director of business optimization at KPMG.

The supply of single-family homes on the market continued to shrink in August and prices rose, the Greater Capital Association of Realtors reported.

Home-price gains in 20 U.S. cities grew in July at the slowest pace in almost a year, a sign demand is increasingly bumping up against affordability constraints.

The housing market is stalling, and homebuilder stocks are feeling the pain.

A stronger economy, easing house price appreciation and slightly improving inventory conditions aren't enough to push up home sales this year, according to Freddie Mac.

A supply-demand mismatch has continued to chill housing sales in metro Atlanta, according to a report from Remax of Georgia.

Home sale prices in greater Hartford got a late summer bump in August and appear to be on a pace to register a modest year-over-year gain for the year.

Thirty states told the Council of Development Finance Agencies they issued mortgage revenue bonds in 2017 compared to only 18 that issued mortgage credit certificates.

As mortgage rates jump and housing inventory rises, over a quarter of all home listings dropped their price in the past month, according to Redfin.

New York City’s home sellers, tired of waiting for buyers, slashed prices on almost 800 listings in a single week this month, the most in at least 12 years.

There is a sharp increase in the number of Denver-area residents searching for homes in other metros compared to the number of people in other cities looking for properties in the area, according to Redfin.

Sales of previously owned homes were unchanged in August, indicating buyers are balking at higher prices and leaving more inventory on the market for the first time in three years, a National Association of Realtors report showed.

The Bay Area's soaring housing costs are pushing poor people into neighborhoods where poverty and racial segregation are on the rise, a UC Berkeley study found.

Buyers and sellers seem to think Sonoma County, Calif., home prices finally have peaked, after doubling the past seven years.

As mortgage rates remained mostly tepid throughout the summer, closed refinances had their first month of growth in August, according to Ellie Mae.

New-home construction rose more than forecast to a three-month high in August, while permits unexpectedly saw the biggest drop since February 2017, adding to signs that homebuilding is struggling to stabilize.

House prices maintained their momentum in August, climbing 6.4% across Northeast Ohio.