Pending home sales fall for the first time since November
Contract signings on U.S. homes fell for the first time since last November, as buyers faced a tough market in March due to an undersupply of houses.
Contract signings on U.S. homes fell for the first time since last November, as buyers faced a tough market in March due to an undersupply of houses.
New home sales at 683,000 annual rate in March versus 623,000 in prior month.
Case-Shiller 20-city home price index up 0.1% in February.
Market rents are moderately to severely burdensome for residents in 65% of U.S. cities, according to a new analysis.
Financial planners say renting can make more sense than owning in some circumstances, even for retirees who can afford to buy a home. Here's why.
The 30-year mortgage rate is averaging at 6.39%, Freddie Mac said in its latest weekly survey on Thursday.
Existing-home sales fell to a rate of 4.44 million in March, the National Association of Realtors said.
Mortgage applications fell 8.8% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.43%.
Construction of new U.S. homes fell 0.8% in March, the Commerce Department said Tuesday.
Home-builder sentiment rose for the fourth month in a row in April, the National Association of Home Builders said.
Purchasing a home — especially in this market — can seem like a daunting task.