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  • WASHINGTON, June 22- U.S. home resales surged to a 5-1/ 2- year high in May as first-time buyers stepped into the market, the latest indication that housing and overall economic activity were gathering steam in the second quarter. The National Association of Realtors said on Monday existing home sales increased 5.1 percent to an annual rate of 5.35 million units,...

  • U.S. existing home sales jump to 5-1/2-year high Monday, 22 Jun 2015 | 10:00 AM ET

    WASHINGTON, June 22- U.S. home resales surged to a 5-1/ 2- year high in May as first-time buyers piled into the market, the latest indication that housing and overall economic activity were gathering steam in the second quarter. The National Association of Realtors said on Monday existing home sales increased 5.1 percent to an annual rate of 5.35 million units, the...

  • Here's why home sales are finally surging Monday, 22 Jun 2015 | 10:00 AM ET

    WASHINGTON— Real estate has gotten hot again. "What we've seen is that demand is off the charts in 2015— and that is really boosting sales," said Nela Richardson, chief economist at the brokerage Redfin. The National Association of Realtors said Monday that sales of existing homes climbed 5.1 percent last month to a seasonally adjusted annual rate of 5.35 million.

  • WASHINGTON— The National Association of Realtors reports on May sales of existing homes Monday at 10 a.m. Eastern. STRONGER SALES: Economists expect that sales rose 4.8 percent to a seasonally adjusted annual rate of 5.28 million homes, according to a survey by the data firm FactSet. The Realtors' seasonally adjusted pending home sales index climbed 3.4 percent...

  • On Monday, the National Association of Realtors is expected to report strong growth in existing home sales for May. On Wednesday, Lennar, the No. 2 U.S. homebuilder is expected to report that it had a strong second quarter. Construction materials supplier Vulcan Materials has risen 35.8 percent so far this year and home improvement and building products firm...

  • SEOUL/ HONG KONG, June 17- Any buyer of Tesco's $6 billion South Korea unit will need a strategy to boost returns in a lethargic and saturated market for traditional retailers, likely involving real estate sales and a greater focus on Internet shopping. Britain's Tesco has hired HSBC to advise on a potential sale of its South Korean unit, Homeplus, Reuters reported...

  • WASHINGTON, May 28- Contracts to buy previously owned U.S. homes rose for a fourth straight month in April to a nine-year high, buoying the outlook for the housing market and the overall economy. The National Association of Realtors said its Pending Home Sales Index, based on contracts signed last month, increased 3.4 percent to 112.4, the highest level since May...

  • 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...

  • Disruptor 50: No. 49 Nextdoor Tuesday, 12 May 2015 | 7:00 AM ET
    Nirav Tolia, co-founder and CEO of Nextdoor

    Who are the people in your neighborhood? Facebook can't tell you, but Nextdoor is using social media to reconnect Americans locally.

  • Disruptor 50: No. 11 Houzz Tuesday, 12 May 2015 | 7:00 AM ET
    Houzz founders Alon Cohen and Adi Tatarko

    Homeowners, designers and retailers exchange ideas and sell their wares on this platform, aimed at those in need of renovation help.

  • WASHINGTON, April 30- U.S. financial regulators on Thursday issued a rule subjecting real estate appraisal companies to tighter oversight after lax lending standards in the mortgage market contributed to the 2007-09 financial crisis. The regulation allows states to register and supervise these so-called appraisal management companies, which value...

  • WASHINGTON, April 29- Contracts to purchase previously owned U.S. homes rose in March to their highest level since 2013, a positive sign for the U.S. housing market amid expectations it is emerging from a soft patch. The National Association of Realtors on Wednesday said its pending home sales index rose 1.1 percent last month. The increase last month put...

  • FOREX-Dollar mixed after jump in U.S. home resales Wednesday, 22 Apr 2015 | 3:52 PM ET

    *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...

  • 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 fairly upbeat report from the National Association of Realtors on Wednesday implied the economy was regaining some momentum after hitting a speed bump at the start of the...

  • FOREX-Dollar firms slightly on jump in U.S. home sales Wednesday, 22 Apr 2015 | 11:50 AM ET

    *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...

  • 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.

  • U.S. existing home sales hit 18-month high; prices rise Wednesday, 22 Apr 2015 | 10:00 AM ET

    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...

  • This city may lose its skyscraper crown Wednesday, 22 Apr 2015 | 12:33 AM ET
    New York's One World Trade Center, the tallest building in the Western Hemisphere

    Skyscraper rents in Hong Kong are still the world's highest, but the city is in danger of losing its crown to New York, Knight Frank said.

  • 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.

  • CHICAGO, March 31- Farmland prices in Iowa, the top U.S. corn and soybean state, are down by an average 7.6 percent over the past six months and 11 percent from a year ago, pressured mainly by lower grain prices, according to a survey released Tuesday. The report by the Iowa Realtors Land Institute said that all nine Iowa crop acreage districts showed a decrease in value...