Pending home sales increased in November for the third straight month and reached the highest level in two-and-a-half years, according to the National Association of Realtors®.
U.S. home prices in October were up 4.3 percent from a year ago, according to the Standard & Poor's/Case-Shiller index.
NAR is working on developing a national index to measure the number of visits to houses for sale from prospective buyers.
Uncertainties over the looming fiscal cliff are restraining consumer and business confidence, but the housing market is staying resilient, Fannie Mae researchers report.
Existing-home sales and home prices continued to rise in November, producing the ninth consecutive monthly year-over-year price gain. Low inventory is responsible for the rising prices.
Existing-home sales continued to improve in November with low inventory supply pressuring home prices, according to the National Association of Realtors®.
When we look back on 2012 a long time from now, it may be viewed as the first year of the recovery, the year in which real estate reversed its course and moved in a more positive direction.
Chief Economist Lawrence Yun and Economist Danielle Hale discuss the Fiscal Cliff and what it means for the world of real estate.
For the past several years, the top factor influencing where a buyer purchased a home has been the quality of the neighborhood.
If Congress doesn't act, foreclosures will rise, home values will drop, and the FHA could get hit with another set of bad loans.