Topic: National Association of REALTORS

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Top 10 cities where house prices are rising

House prices continue to fall nationwide, but here and there they’ve begun to turn up as Americans return to the housing market. Which 10 metropolitan areas have seen the biggest increase in the past year? The winners, according to the National Association of Realtors (NAR), include a state capital, a furniture-making center, and a resort that was once America’s foreclosure capital. Can you guess who they are?
Home prices fall again: Eight keys to the housing market future

Five years after home prices peaked in the US, the housing market remains a weak link in the economy – an important sector that's still struggling to find its postrecession footing. What will 2011 bring? It could be a pivotal year when home prices bottom out and a more stable environment begins to emerge. Here is a look at the key issues affecting home buyers and sellers as we approach the spring real estate market.
Home sales down. But six cities defy housing gloom.

Home sales plunged in July and housing prices may dip again. But in six metropolitan areas, the housing picture is far brighter: Home values are rising and median prices are already well ahead of their peak during the housing bubble. Is your city on the list?

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Home prices hit post-boom lows: What does that mean for housing market?

Despite fresh optimism about the housing market, home prices in the Case-Shiller Index fell during the first quarter, suggesting that the market is still stabilizing.
Stocks mixed after Greek worries resurface

After gaining for most of the day, the Dow only finished up 2 points at 12503 Tuesday, as news out of Greece yanked indexes lower shortly before the closing bell.
Paper Economy
Existing home sales on the rise

Single family home sales also improved rising 3.0 percent from March and 9.9 percent above the level seen in April 2011 while the median selling price increased 10.4 percent above the level seen in April 2011.
Paper Economy
Pending home sales rise 4.1 percent in March

Pending home sales improved notably in March with the seasonally adjusted national index climbing 4.1% since February and increasing 12.8% above the level seen in March 2011. 
US stocks boosted by home sales, corporate earnings

US stocks edged higher Thursday, pushed up by a batch of bright earnings reports and encouraging news about home sales. The Dow rose 113 points to close at 13204
Stocks fall despite US company profits

The Dow fell 68 points to close at 12964 as a slew of US companies announced big profits Thursday, but investors spooked about the economy sold stocks anyway.
Paper Economy
Pending home sales slightly down in February, but up since 2011

Pending home sales declined a bit with the seasonally adjusted national index, falling 0.5 percent since January while increasing 9.2 percent above the level seen in February 2011.
Paper Economy
Existing home sales down in February

Single family home sales declined 1.0 percent from January but rose 9.4 percent above the level seen in February 2011.
Jobless claims fall to four-year low as economy rebounds

Unemployment assistance applications dropped to a seasonally adjusted 348,000, the lowest level since February 2008. The drop coincides with the best three months of hiring in two years
The New Economy
Existing home sales: Foreigners are buying. What's their impact?

Although existing home sales dipped last month, foreign buyers are snapping up US homes. In some markets, they may be putting an end to the downturn in existing home sales.
U.S. stocks mixed on a quiet day

U.S. stocks were mostly unchanged Wednesday, a calm day in the middle of a bumpy week. U.S stock on the Dow fell 45 points to close at 13124.
Top 10 cities where house prices are rising

House prices continue to fall nationwide, but here and there they’ve begun to turn up as Americans return to the housing market. Which 10 metropolitan areas have seen the biggest increase in the past year? The winners, according to the National Association of Realtors (NAR), include a state capital, a furniture-making center, and a resort that was once America’s foreclosure capital. Can you guess who they are?
Dow just misses 13000. Again.

The Dow lost 1 point to close at 12981 – 19 points shy of the 13000 mark. The index hit 13000 several times last week but so far hasn't been able to hold onto it.
Paper Economy
Pending home sales on the rise

Pending home sales have improved,  with the national index climbing 2 percent since December while increasing 8 percent above the level seen in January 2011. Is this a sign of stabilization in the housing market?
Paper Economy
Existing home sales climb

Single family home sales increased 3.8 percent from December and rose 2.3 percent above the level seen in January 2011.
Housing market showing signs of turnaround

Last year was so dismal, home sales almost certainly have to go up in 2012. If home prices stabilize later this year, as many analysts expect, the housing market will be set for a turnaround.
Paper Economy
Single family home sales are up

Single family home sales increased 4.6 percent from November and rose 4.3 percent above the level seen in December 2010
Tech stocks boost the market

Strong earnings reports from IBM and Microsoft drove the Dow Jones industrial average higher Friday. The Dow rose 96 points to close at 12720.
Stocks rise, but S&P flat for the year

Stocks get a boost from an increase in pending home sales. With only two full trading sessions left in 2011, stocks are struggling to finish in positive territory.
New home sales near all-time low

New home sales in 2011 could be the worst ever, despite a rise in November. Last month saw a 1.6 percent increase in new home sales, far less than what economist had hoped for.
Home sales up. Is the housing market finally turning around?

Sales of previously owned homes rose in November, gaining for the second month in a row. And home-sales volume is up 12 percent from a year ago, says the National Association of Realtors.
Home sales rising. Is a new wave of home investors forming?

Existing home sales rise in November and are now 34 percent higher than the mid-2010 low. Low prices and interest rates are drawing some new investors to real estate.
Home sales contracts highest in a year

Home sales pending index reaches 99.3 in October, a 10.4 percent increase from September. But a recovery in home sales doesn't look imminent.
Debt 'super committee': the Grinch that stole the Christmas stock rally

The apparent inability of the 'super committee' to reach a deal, along with European economic woes, is causing angst on Wall Street. The Dow is down 300 points.
Home sales jump in August: why it's not enough to revive housing market

Even as home sales increased in August, median prices fell. Experts point to a 'shadow inventory' of homes that will eventually face foreclosure and say prices won't keep up with inflation for years.