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Another month, another rock-solid collection of data on the residential construction industry from the Census Bureau. May was another solid month for the construction industry, with spending on new projects increasing by 5.4 percent year-over-year, according to the latest
May was yet another month of double-digit home price increases, according to the latest Home Price Index from CoreLogic. Home prices in the CoreLogic Home Price Index (HPI) increased 12.2 percent year-over-year in May, the largest such increase since
It’s been a wild ride for the U.S. mortgage marketplace in recent years, but things are on the mend according to the latest report from LPS. To say the least, the post-housing boom marketplace has been an eventful one
Foreign homebuyers contributed $68.2 billion in sales in 2013, a number that, though certainly big, actually represents a step back from 2012. Are foreign homebuyers losing their appetite for U.S. real estate, or are international economic forces prohibiting them
Pending Home Sales had a smashing May, according to the National Association of Realtors, hitting a six-year high as more homes went under contract. The month of may was a very good month for pending home sales, with the Pending
The housing market is moving towards recovery with U.S. home prices increasing, found FNC in its latest study of the market. U.S. home prices are continuing to climb in April, as stated by the most recent FNC Residential Price
Housing prices have been uniformly increasing the last year, but a new Trulia study finds that city markets have the edge on their suburban competitors. City or suburbs? It’s one of the prevailing questions in real estate today, whether
New residential home sales were nothing but positive in May, with sales posting both monthly and yearly increases. The new construction market continued its recovery in May, with sales of new single-family homes rising 2.1 percent from April to
No industry was more affected by the housing slump than construction, but 10 markets in the U.S. have robust construction markets; is Chicago one of them? Though nearly every industry in the U.S. was impacted by the economic downturn,
Standard & Poor’s Case-Shiller Home Price Indices put up smashing numbers in April, and here in Miami, the situation was similarly promising. Miami home prices rose 2.4 percent from March to April in the latest Case-Shiller Home Price Indices from
NAR’s existing-home sales report for May, which came out last week, offered a very interesting glimpse at where housing is right now in its recovery. Last week’s existing-home sales report from the National Association of Realtors was a smorgasbord
According to PR Web, many metro areas, including Chicago, Miami and Boston, are outweighing the national market in their offerings of discounts on foreclosed homes. This comes at a time when the economy and housing market are returning to healthy
International homebuyers represent a huge opportunity for real estate agents today, though some cities appeal to foreigners more than others. It’s no mystery that foreign homebuyers make up a hefty chunk of business for many real estate professionals today.
Though NAR’s latest existing-home sales report was, for all intents and purposes, quite positive, it reaffirmed that problems lie with inventory and prices. The latest existing-home sales report from the National Association of Realtors (NAR) was quite positive, with
May was another sterling month for new construction, with housing starts rising by nearly 30 percent from the year before. The U.S.’ new construction marketplace continued to recover in May, with housing starts rising 28.6 percent year-over-year to a
The National Association of Home Builders’ Housing Market Index hit a major milestone in June, passing the holy 50 threshold. June was a banner month for homebuilders, with the National Association of Home Builders’ Housing Market Index, the key