Real estate

December 26, 2018 - 9:13 am
WASHINGTON (AP) — U.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall. The S&P CoreLogic Case-Shiller 20-city home price index rose 5 percent from a year earlier, down from an annual gain of 5.2 percent...
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December 19, 2018 - 10:12 am
WASHINGTON (AP) — U.S. home sales increased in November for the second straight month, but sales plummeted 7 percent from a year ago amid growing affordability pressures. The National Association of Realtors said Wednesday that sales of existing homes rose 1.9 percent to a seasonally adjusted...
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In this Dec. 13, 2018, photo, White House senior adviser Jared Kushner listens during a meeting between President Donald Trump and newly elected governors in the Cabinet Room of the White House in Washington. A real estate investment firm founded by Kushner is betting big on the Trump administration’s Opportunity Zone tax breaks. But it’s not that interested in steering its investors to the poorest, most-downtrodden areas that the program seeks to revitalize. (AP Photo/Evan Vucci)
December 17, 2018 - 11:34 am
WASHINGTON (AP) — A real estate investment firm co-founded by President Donald Trump's son-in-law and adviser, Jared Kushner, is betting big on the administration's Opportunity Zone tax breaks but isn't that interested in steering its investors to the poorest, most-downtrodden areas that the...
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FILE- In this Nov. 28, 2018, file photo a realtor sign hangs in front of a home for sale in Pittsburgh. On Thursday, Dec. 13, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Keith Srakocic, File)
December 13, 2018 - 11:43 am
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week to their lowest level in three months, an inducement to prospective homebuyers in a haltingly recovering market. Continued steep declines in the stock market pushed home borrowing rates lower, although they remain much higher than a...
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In this Nov. 28, 2018, photo, a realtor sign hangs in front of a home for sale in Pittsburgh. On Thursday, Nov. 29, Freddie Mac reports on the week's average U.S. mortgage rates. (AP Photo/Keith Srakocic)
December 06, 2018 - 11:54 am
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week amid a steep decline in stock prices. Continued slides in the stock market and tumbling oil prices have been pushing mortgage rates lower, although home borrowing rates remain much higher than a year ago. Mortgage giant Freddie Mac said...
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In this Wednesday, Nov. 28, 2018, photo, a realtor sign hangs in front of a home for sale in Pittsburgh. On Thursday, Nov. 29, Freddie Mac reports on the week's average U.S. mortgage rates. (AP Photo/Keith Srakocic)
November 29, 2018 - 10:56 am
WASHINGTON (AP) — U.S. long-term mortgage rates barely budged this week after marking the biggest drop in nearly four years a week earlier. Home borrowing rates remain much higher than they were a year ago. Mortgage giant Freddie Mac says the average rate on the benchmark 30-year, fixed-rate...
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FILE- In this June 20, 2018, file photo, an "Under Contract" sign is displayed in front of home for sale in Raymond, N.H. On Thursday, Nov. 29, the Standard & Poor's/Case-Shiller 20-city home price index for September is released. (AP Photo/Charles Krupa, File)
November 29, 2018 - 10:51 am
WASHINGTON (AP) — Fewer people signed contracts in October to purchase homes, as higher mortgage rates have worsened the affordability and dampened enthusiasm among would-be buyers. The National Association of Realtors said Thursday that its pending home sales index fell 2.6 percent last month to...
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FILE- In this April 23, 2018, file photo advertising signs point out completed new homes, homes under construction as well as lots for new homes in Glen Allen, Va. On Wednesday, Nov. 28, the Commerce Department reports on sales of new homes in October. (AP Photo/Steve Helber, File)
November 28, 2018 - 10:14 am
WASHINGTON (AP) — Sales of new U.S. homes plummeted 8.9 percent in October, as the number of newly built, unsold homes sitting on the market climbed to its highest level since 2009. The Commerce Department said Wednesday that new homes sold at a seasonally adjusted annual rate of 544,000 last month...
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November 27, 2018 - 9:31 am
WASHINGTON (AP) — U.S. home prices increased more slowly in September from a year ago as higher mortgage rates weighed on sales. The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, rose 5.1 percent from a year earlier. That's down from a 5.5 percent yearly gain in the...
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FILE- In this Friday, Nov. 9, 2018, file photo trader Michael Urkonis. left, works with specialists John McNierney, center, and Douglas Johnson on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Nov. 21. (AP Photo/Richard Drew, File)
November 21, 2018 - 10:52 pm
SINGAPORE (AP) — Asian markets were mostly lower on Thursday as a mixed bag of data from the United States that could point to softening growth rattled investors. KEEPING SCORE: Japan's benchmark Nikkei 225 was less than 0.1 percent lower at 21,504.00 and South Korea's Kospi dropped 0.2 percent to...
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