Housing Market

U.S. apartment vacancy rate rises in third quarter


- U.S. apartment vacancy rate rose to 4.3 percent in the third quarter from 4.2 percent in the preceding quarter, real estate research firm Reis Inc said on Thursday.

Dubai housing squeeze pushes middle-income expats out to the suburbs

DUBAI - While Dubai continues to pump out sumptuous new apartment blocks, for a rising number of expatriates the city no longer offers the luxury lifestyle that lured many foreigners to the Gulf.

27 Sep 2015

U.S. housing starts take a breather, permits rebound

WASHINGTON, Sept 17 - U.S. housing starts fell more than expected in August, but a rebound in building permits pointed to sustained strength in the housing market, which should support economic growth.

17 Sep 2015

For hot New York property market, a Fed move won't change much

NEW YORK - Not even a rate hike from the Federal Reserve is expected to cool off the hot New York commercial real estate market, where demand remains high, industry executives say.

16 Sep 2015

U.S. mortgage applications fall in latest week: MBA

SAN FRANCISCO - Applications for U.S. home mortgages fell last week as interest rate edged lower, an industry group said on Wednesday.

16 Sep 2015

U.S. home builder sentiment near decade high in September: NAHB

NEW YORK - U.S. homebuilder sentiment rose in September to its highest in nearly a decade as traffic from potential buyers gained ground, the National Association of Home Builders said on Wednesday.

16 Sep 2015

Senate votes to suspend Fannie Mae, Freddie Mac CEO pay

WASHINGTON - The U.S. Senate on Tuesday unanimously approved legislation that would suspend the current compensation for the heads of the government-controlled mortgage finance companies Fannie Mae and Freddie Mac following the disclosure of huge pay raises for the officials.

Politics, 15 Sep 2015

Chicago middle-class homeowners could be spared proposed tax hike: report

- Middle-class homeowners may be exempt from a proposed property tax hike in Chicago, with higher-income homeowners and commercial property owners paying most of the roughly $500 million tax increase planned, Crain's Chicago Business reported on Monday.

14 Sep 2015

U.S. mortgage applications fall in latest week: MBA

NEW YORK - Applications for U.S. home mortgages fell last week as interest rates rose, an industry group said on Wednesday.

09 Sep 2015

Seattle mayor proposes developer fees to pay for affordable housing

SEATTLE - Seattle's mayor unveiled an affordable housing plan on Tuesday aimed at creating 20,000 new living units for low-income city dwellers over the next decade, more than a quarter of them to be paid for by private developers.

Politics, 01 Sep 2015