WASHINGTON, July 22- U.S. home resales rose in June to their fastest pace in eight months, a signal that the housing market was pulling out of a slump. The National Association of Realtors said on Tuesday existing home sales increased 2.6 percent to an annual rate of 5.04 million units. "Things are flying pretty fast," said Lawrence Yun, the NAR's chief economist.» Read More
Beijing's recent announcement that it has enough room to ease monetary policy is sending mixed signals about its stance on the property market, says a market watcher who sees an increase in liquidity working against curbs introduced to cool the real estate sector.
Robin Mesch, Mesch Capital Management, and Dan Greenhaus, BTIG, discuss Bill Ackman's bullish outlook on housing and what the charts say about homebuilders now.
Forced by the harsh realities of the real estate market, lenders are increasingly likely to allow defaulting owners to remain in their homes, the New York Times reports.
Jack Welch, former chairman of GE, says the U.S. realty market could surprise to the upside. "Prices are going up, vacancies are down," he says.
Despite the record low mortgage rates being reported Thursday, "renter nation" is still growing, with CNBC's Diana Olick.
November new home sales were up 1.6% to an annualized rate of 315,000 units, with CNBC's Rick Santelli.
Barry Habib, RPM mortgage chief strategy officer, discusses how mortgage rates provide attractive opportunities for those who can get a loan.
The NAHB Housing Market Index reveals that home builder confidence in November jumped to its highest level in over a year, with CNBC's Diana Olick.
Pulte Homes is down 52% over the past year, but is now an opportunity to buy the stock? David Goldberg, UBS analyst, just upgraded Pulte Homes to a buy with an $8 price target.
Mortgage rates are at their lowest levels in 60 years, but many borrowers cannot take advantage of those rates, reports CNBC's Diana Olick.
Edward DeMarco, FHFA acting director, says it's better to move mortgage credit risk activity into the private sector.
Amid a marked slowdown in transactions from local Hong Kong buyers, mainlanders may be the saving grace for Hong Kong property agents, who otherwise face long days by a quiet phone. The number of sales & purchase agreements signed in July was down 37 percent from June — and 51 percent compared with July last year.
Here's a look at the top business hubs in the world, based on research by global real estate firm CB Richard Ellis.
High-profile real estate website Zillow and headphone vendor Skullcandy both priced initial public offerings at higher-than-expected prices.
For many dads, the greatest Father's Day gift imaginable is the sight of a son or daughter working beside him in the family business. Here are some CEO dads whose kids hold executive positions in their companies.
News out of the housing market has been anything but good, but CNBC's Diana Olick sees a glimmer of hope.
For real estate, some economists say, an end to the seemingly endless decline in housing values might be in sight, the New York Times reports.