Housing markets

Sales of new and existing homes in the Albany, N.Y., region fell 7% in May from year-earlier levels as real estate brokers blamed a lack of available homes for the decline.

With affordability down to its lowest level in nearly 10 years, average wages aren't enough to afford a home in 75% of local housing markets, according to Attom Data Solutions.

Savannah, Ga., area homes sales continue to heat up moving into the summer month's breaking records in both April and May.

Metro Atlanta home prices are up 9.9% from a year ago, even as the number of sales has slipped.

Here's a look at the 12 housing markets where mortgage lenders have to compete the most for borrowers' business.

Mortgage rates slid over the past week and have now declined in three of the past four weeks, according to Freddie Mac.

Sales of previously owned homes unexpectedly fell in May for a second month as a lack of inventory and elevated asking prices weighed on demand, National Association of Realtors data showed.

Walker & Dunlop has been approved as a seller and servicer under Freddie Mac's Affordable Single-Family Rental pilot program, allowing the company to focus on middle markets.

House listings in the Twin Cities posted a rare increase last month, a slight shift in the long-running sellers' market.

The Buffalo Niagara, N.Y., housing market is getting even tighter.

Resale inventory is at its lowest level in 18 years and new construction supply continues being outpaced by high demand, according to CoreLogic.

Despite the long, stratospheric rise of home prices in the U.S., the inflation-adjusted monthly payment on the median single-family home in 2017 was less than in 1987, when home prices were lower but interest rates were higher.

New-home construction rose more than projected in May to the fastest pace in more than a decade while permits cooled for a second month, indicating mixed progress in the supply-constrained housing market.

Familiar themes continued to play out in the Albuquerque housing market in May.

The New Orleans housing market is strengthening, with home prices climbing in most neighborhoods and the number of vacant or blighted properties shrinking, according to a new analysis.

While rising mortgage rates are top of mind for the industry after last week's increase in the federal funds rate, the housing market should be more concerned about limited home inventory, according to First American Financial Corp.

The cost of buying a home in Massachusetts is on the rise.

Home prices rose to new highs in Sonoma County, Calif., in May, when the median hit a record $692,250, but there are indications the unrelenting price increases may be starting to test buyers' limits.

Canada's home sales were little changed in May, suggesting the residential real estate market is stabilizing after seeing large declines earlier this year.

Atlanta was recently ranked among the top metros in the United States to buy rather than rent. But how much do you need to be earning to afford a home in town?