Flight from the Cities

New Home Sales Unexpected Fall

Sales of new U.S. single-family homes unexpectedly fell in May, falling to the lowest level in a year as supply constraints have pushed up prices. The Commerce Department said on Wednesday that new home sales tumbled 5.9 percent to a

Funny happy kids running into new house on moving day, excited children boy and girl play inside luxury big modern room while smiling parents entering own home, family mortgage and relocation concept

Pending Home Sales Rose Less Than Expected in March

Pending home sales rose in March after a sharp decline in February, according to the National Association of Realtors. Pending sales, which measure contract signings for homes and usually lead closed sales by 45 to 60 days, rose 1.9 percent

Women signing a contract for a new home.

U.S. Home Prices Rise at Fastest Pace in 15 Years

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering the entire U.S., reported an 11.2 percent annual gain in January, up from 10.4 percent in the previous month. That is the fastest pace for home prices since 2006, the peak of the housing bubble.

Young parents having fun spending hot sunny summer day outdoors with their children, eating slices of watermelon by the swimming pool

U.S. Home Sales Dropped 6.6% as Supply Shrank

Total existing-home sales dropped 6.6 percent from January to a seasonally-adjusted annual rate of 6.22 million, the National Association of Realtors reported Monday. This followed two months of higher sales.

Pending home sales soar