Housing Market

U.S. home prices rise faster in September, beat forecast


Annualized U.S. single-family home prices rose in September at a faster pace than in August and above market expectations, a closely watched survey showed on Tuesday.

Tight inventories, rising prices hurt U.S. home sales

WASHINGTON U.S. home resales fell in October as a persistent shortage of properties limited choice for potential buyers and pushed up prices, suggesting some softening in the pace of the housing market recovery after strong gains early this year.

U.S. 23 Nov 2015

U.S. housing starts hit seven-month low; setback seen as temporary

WASHINGTON U.S. housing starts in October fell to a seven-month low, weighed down by a steep decline in the construction of multi-family homes, but a surge in building permits suggested the housing market remained on solid ground.

18 Nov 2015

Fed's Rosengren eyes commercial property, risky lending: FT

If the pace of growth in commercial real estate and risk-taking in some corporate loans continue unabated, they could become arguments for slightly faster interest-rate increases, Boston Fed President Eric Rosengren said in an interview with the Financial Times published on Sunday.

15 Nov 2015

Wells Fargo to pay $81.6 million to bankrupt U.S. homeowners: DOJ

Wells Fargo & Co will pay $81.6 million to homeowners for denying them a chance to challenge mortgage payment increases imposed during their bankruptcy proceedings, the U.S. Justice Department said on Thursday.

Seattle law requires developers to pay for affordable housing

SEATTLE Seattle Mayor Ed Murray signed an ordinance into law on Tuesday he says will add 6,000 living units for low-income residents over the next decade to be paid for by fees on private developers.

San Francisco voters poised to defeat measure to limit Airbnb rentals

SAN FRANCISCO San Francisco voters were poised on Tuesday to defeat a controversial ballot measure to curb short-term home and apartment rentals, handing a victory to companies such as Airbnb, early results showed.

U.S., Tech, 04 Nov 2015

Fed survey shows banks easing mortgage lending standards

WASHINGTON Banks lowered lending standards for U.S. mortgages in the third quarter and a modest share of them made it easier for households to get credit card and auto loans, according to a survey of loan officers released on Monday by the Federal Reserve.

02 Nov 2015

U.S. pending homes sales decline in September

WASHINGTON Contracts to buy previously owned U.S. homes fell unexpectedly in September, a warning sign that the housing market recovery may be stumbling.

29 Oct 2015

U.S. home prices rise faster in August than July

U.S. single-family home prices rose in August at a slightly faster pace than in July and in line with expectations, a closely watched survey said on Tuesday.

27 Oct 2015