Housing Market

Supreme Court upholds broad housing discrimination claims


WASHINGTON - A divided U.S. Supreme Court on Thursday embraced a broad interpretation of discrimination claims allowed under the landmark Fair Housing Act, a blow to lenders and insurers that face such lawsuits and had urged the court to curb them.

U.S. homebuilders on the rise as Lennar's profit beats estimates

- Lennar Corp , the second-largest U.S. homebuilder, reported a better-than-expected jump in quarterly profit as it sold more homes at higher prices across the United States, especially in the West and Southeast Florida markets. | Video

24 Jun 2015

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

NEW YORK, June 24 - Applications for U.S. home mortgages rose last week as interest rates dipped, an industry group said on Wednesday.

24 Jun 2015

Baby boomers will drive demand for apartments, U.S. Fed study shows

- The volatile U.S. multifamily housing market has returned to pre-recession investment levels, driven largely by millennials putting off home-buying and settling for rentals, but in the long term it will be baby boomers that will drive the market as they downsize, according to the Kansas City Federal Reserve.

23 Jun 2015

First-time buyers lift U.S. home sales to 5-1/2-year high

WASHINGTON - U.S. home resales surged to a 5-1/2-year high in May as first-time buyers stepped into the market, the latest indication that housing and overall economic activity were gathering steam in the second quarter. | Video

22 Jun 2015

Homing in: U.S. homebuilding M&A to get rolling after long lull

- A six-year lull in deal making among U.S. homebuilders may be drawing to an end as companies look to bulk up on ready-to-build land to feed a surge in demand from home buyers.

Deals, 19 Jun 2015

U.S. foreclosure activity up in May as bank repossessions rise

WASHINGTON - Bank repossessions rose again last month, driving overall U.S. foreclosure activity to a 19-month high on an annual basis, industry firm RealtyTrac said on Thursday.

18 Jun 2015

U.S. building permits near eight-year high; starts pull back

WASHINGTON - U.S. permits for future home construction surged to a near eight-year high in May, suggesting a building up of momentum in housing and the broader economy after a dismal performance at the start of the year.

16 Jun 2015

U.S. mortgage applications fall as rates hit highest level since October 2014: MBA

NEW YORK - Applications for U.S. home mortgages fell last week as interest rates rose to their highest since October 2014, an industry group said on Wednesday.

17 Jun 2015

U.S. home builder sentiment rises in June: NAHB

NEW YORK - U.S. homebuilder sentiment rose more than expected in June, hitting its highest level since September, the National Association of Home Builders said on Monday.

15 Jun 2015