Ken Rosen, Chairman of the Rosen Consulting Group & The Fisher Center for Real Estate at UC Berkeley, discusses the bubble in the Bay area when it comes to housing markets.» Read More
WASHINGTON, May 21- U.S. home resales unexpectedly fell in April as tight inventories pushed prices higher, giving a cautious signal on the strength of the housing market. The National Association of Realtors said on Thursday existing home sales dropped 3.3 percent to an annual rate of 5.04 million units. March's sales pace was revised up to 5.21 million units...
CNBC's Diana Olick reports existing home sales for the month of April were down 3.3 percent.
Builder confidence in May dropped two points to fifty four, reports CNBC's Diana Olick.
We're actually lowering our forecast, says David Stevens, Mortgage Bankers Association CEO, sharing the outlook on housing and weighing in on the mortgage rate game.
WASHINGTON— National Association of Home Builders releases housing market index for May, 10 a.m.. WASHINGTON— Commerce Department releases housing starts for April, 8:30 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; National Association of Realtors releases existing home sales for April, 10 a.m.; Freddie Mac, the mortgage...
Glenn Kelman, Redfin CEO, discusses the real estate market and housing data. We would like to see less volatility in the real estate market, says Kelman.
CNBC's Diana Olick discusses spring home sales and pending sales running at its highest level.
CNBC's Diana Olick reports on home ownership rates and home price index.
Christopher Thornburg, Beacon Economics Principal, and Dottie Herman, Douglass Elliman president and CEO, discuss the shortage of supply and where housing may be headed.
John Silvia, Wells Fargo Securities chief economist, weighs in on new home sales data, employment report, and interest rate rises from the Fed.
CNBC's Rick Santelli and Diana Olick report on new home supply and sales in March as sales fall down 11.4%.
*Sterling hits 5- week high vs dollar on upbeat Bank of England. A National Association of Realtors report showing an increase in March of existing home sales to an annual rate of 5.19 million units, the highest level since September 2013, suggested the U.S. economy may be shrugging off sluggishness. In a subdued session for most major currencies, sterling topped...
CNBC's Diana Olick reports on mortgage applications to purchase a home and home sales.
*Sterling hits 5- week high vs dollar on upbeat Bank of England. The increase in March of existing home sales to an annual rate of 5.19 million units reported by the National Association of Realtors was the highest level since September 2013. In a subdued session for most major currencies, sterling topped $1.50 after Bank of England minutes emphasized hopes for a...
*Immediate risk from Greece reduced for time being. A stronger-than-expected rise in domestic existing home sales in March revived bets the Federal Reserve would raise interest rates later this year, overshadowing concerns about the absence of a deal between Greece and its creditors. Traders had snapped up Bunds since the European Central Bank began its 1.1...
WASHINGTON, April 22- U.S. home resales surged to their highest level in 18 months in March as more homes came on the market, a sign of strength in housing ahead of the spring selling season. The National Association of Realtors said on Wednesday existing home sales increased 6.1 percent to an annual rate of 5.19 million units, the highest level since September 2013.
CNBC's Meg Tirrell on rising demand for homes.
Existing home sales are up across all regions in March, reports CNBC's Diana Olick.
WASHINGTON, April 22- U.S. home resales surged to their highest level in 18 months in March as inventories improved, a sign of strength in the housing market ahead of the spring selling season. The National Association of Realtors said on Wednesday existing home sales increased 6.1 percent to an annual rate of 5.19 million units, the highest level since September...
SAN FRANCISCO, April 15- An improving economy helped push sales of existing, single-family detached homes in California up to a seasonally adjusted annualized rate of 391,680 units in March, marking a 7.3 percent rise from a year earlier and a 6.3 percent gain from February, the California Association of Realtors said on Wednesday.