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New home sales climb in April
New home sales climbed strongly in April, an indication that a long-awaited building market comeback is strengthening. Sales of newly built, single-family homes rose 2.3% above the prior month and were 29% above the same period last year. New homes sold...
Tags: Inventories, Real Estate Sales, House Building, Services and Shopping, Homes
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Jobless claims data suggests labor market strength
ReutersWASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to resilience in the labor market despite belt-tightening by Washington. The improving employment picture is helping to prop up housing,...Tags: Economy, Dwayne Johnson, Politics, Moody's Corporation, Unemployment
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WRAPUP 3-U.S. jobless claims data suggests labor market strength
Reuters* Weekly jobless claims fall 23,000 * Four-week average of claims slip 500 * May factory activity growth at seven-month low * New home sales rise in April, median price at record high By Lucia Mutikani WASHINGTON, May 23 (Reuters) - The number of...Tags: Real Estate Sales, Budgets and Budgeting, Employment, Unemployment Benefits, Unemployment
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US new home sales rise 2.3 percent in April while median home prices hit record high
AP Economics WriterWASHINGTON (AP) — U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening. New-home sales increased 2.3 percent in...Tags: Economic Indicator, Federal Reserve, Ben Bernanke, New York City, Washington, DC
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Average US rate on 30-year mortgage rises to 3.59 pct.; 15-year up to 2.77 pct.
AP Business WriterWASHINGTON (AP) — Average rates on fixed mortgage rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery. Mortgage...Tags: Money and Monetary Policy, Credit Ratings, Federal Reserve, Freddie Mac, Economy, Business and Finance
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S. Fla. home prices jump by more than 20 percent in April
South Florida's housing market is bordering on bedlam. Robust demand and a shortage of inventory sent Palm Beach County's median home price soaring by more than 20 percent in April for a fifth consecutive month. The median for existing single-family...Tags: Credit Ratings, Condos, Prices, Services and Shopping, Miami (Miami-Dade, Florida)
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Palm Springs' Downtown PS redevelopment to get underway
Palm Springs, already in the midst of a long-overdue makeover, is now scrapping an empty downtown shopping mall along once-fashionable Palm Canyon Drive, reopening some closed streets and preparing to showcase the start of its Downtown PS redevelopment....
Tags: Los Angeles Hotels, Rentals, Restaurants, Rental Service, Hotel and Accommodation Industry
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Better Chicago housing market getting sellers off the fence
Forty percent fewer homes were available for sale in the nine-county Chicago area in April than a year ago, leading to higher sales prices. That, in turn, is prompting more homeowners to slap fresh paint on their walls and list their homes for sale....
Tags: Real Estate Sellers, Inventories, Federal Reserve, Property, Banking
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Author Michelle Alexander To Be Honored At Stowe's Big Tent Jubilee
The Hartford CourantRegistration is open for the Harriet Beecher Stowe Center's big event, the Stowe Prize Big Tent Jubilee, which will take place on May 30 from 5:30 to 9 p.m. on the Stowe Center grounds, 77 Forest St., Hartford. The event will honor the 2013 Stowe...Tags: Real Estate Sellers, Simsbury, Culture, Haddam, Poetry
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Canada's Flaherty worried about housing agency's insurance role
ReutersOTTAWA, May 22 (Reuters) - The Canadian government is examining the role of the federal housing agency in providing insurance for mortgage portfolios held by banks, Finance Minister Jim Flaherty said on Wednesday. Under Flaherty's watch, the Canada...Tags: National Government, Real Estate Buyers, Economy, Business and Finance, Government, Finance
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Hong Kong shares may start weaker ahead of China flash PMI
ReutersHONG KONG, May 23 (Reuters) - Hong Kong shares could start weaker on Thursday, tracking Wall Street losses and ahead of the HSBC China flash purchasing managers' index for May that could offer fresh clues on the world's second-largest economy. Lenovo...Tags: HSBC Holdings plc, Hong Kong, Property, Japan, Science and Technology
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Home sales close in on three-and-a-half year high
ReutersWASHINGTON (Reuters) - Home resales rose in April to the highest level in nearly 3-1/2 years and prices surged, offering the economy a buffer from the stiff headwinds posed by belt-tightening by Washington. The National Association of Realtors said on...Tags: National Government, Rentals, Inventories, Federal Reserve, Bank of America Corp.
May 23, 2013
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May 23, 2013
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|Story| South Florida Sun-Sentinel
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|Story| Los Angeles Times
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|Story| Hartford Courant
May 22, 2013
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May 22, 2013
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May 22, 2013
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