WASHINGTON — A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year. But Americans are stepping up purchases as more homes have been put up for sale. And low mortgage rates and moderating price gains have […]
U.S. Housing Recovery Getting Back on Track Read More »
WASHINGTON (AP) — Sales of existing homes posted the best monthly gain in nearly three years in May, providing hope that housing is beginning to regain momentum lost over the past year. The National Association of Realtors reported Monday that sales of existing homes increased 4.9% last month to a seasonally adjusted annual rate of
Sales of Existing Homes Up 4.9% in May, Inventory Levels Continue to Improve Read More »
WASHINGTON – U.S. Home prices continued to show solid growth in most of the country due to limited inventory conditions, but rising prices and severe winter weather caused existing-home sales to slip in February, according to the National Association of Realtors®. Prices slipped in January for a third straight month after a particularly harsh winter,
Latest Housing Data Showing Buyer’s Market Continuing Read More »