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JOSH BOAK

Pending home sales index falls in June

WASHINGTON – The number of signed contracts to buy homes fell in June, as limited supplies of homes on the market are holding back possible sales growth. The National Association ...

Rental prices rise 4.3 percent in June

WASHINGTON – U.S. home rental prices climbed much faster than incomes in June. But there are signs of slowing momentum around major job hubs such as New York, Los Angeles and Washington. ...

Can U.S. housing industry’s comeback endure? The outlook dims

WASHINGTON – The U.S. housing market has sizzled this summer, lifting expectations that home sales will finally help drive an economic expansion now in its seventh year. Or will i...

Tight supply of new homes puts damper on June sales

WASHINGTON – Fewer Americans bought new homes in June, a possible sign that the real estate market is cooling down after months of hot sales. The Commerce Department said Friday t...

Live in a Porsche? Designer labels draw Miami home buyers

SUNNY ISLES BEACH, Florida – The wow factor for Miami’s skyscraper condos no longer comes from a dazzling Atlantic Ocean view. It takes something more audacious to sell beachfront...

Apartments fueling U.S. housing market

WASHINGTON – U.S. builders broke ground on apartment complexes last month at the fastest pace in nearly 28 years, as developers anticipate that recent jobs gains will launch a wave of renter...

Rising rents aren’t just a problem in big cities

WASHINGTON – Home rental prices are climbing across much of the United States – with the biggest gains coming not from New York or San Francisco but Jackson, Mississippi, and Portland, Maine...

U.S. pending home sales climb to 9-year high

WASHINGTON – More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level in more than nine years. The National Association of Realto...

Improving economy helping home sales

WASHINGTON – Real estate has gotten hot again. Home sales are on pace for their best year since 2007. First-time buyers are streaming back into the market. Prices are skyrocketin...

Rentals

WASHINGTON – High rents are worth it. At least that’s the sentiment of apartment dwellers in New York, San Francisco and Washington, who say they’re more satisfied living in those...

U.S. employers add solid 280k jobs; rate inches up to 5.5 percent

WASHINGTON – U.S. employers added a robust 280,000 jobs in May, showing that the economy has regained momentum after starting 2015 in a deep slump. The unemployment rate ticked u...

Homebuyers growing more confident

Pending sales hit 9-year high in U.S. in April