Homes priced under $200,000 made up 44 percent of the market in 2010. Today, they are just 16 percent of new, for-sale construction, data show.
Potential buyers, both young and old are trolling listings online and packing in to crowded open houses.
A drop in interest rates drives homeowners and homebuyers to the mortgage market.
Sale prices of luxury homes in the second quarter of this year were up 7.5 percent from a year ago.
CNBC's Diana Olick reports the latest read on housing market sentiment from the National Association of Home Builders.
The Philippines' peso has tumbled to fresh 11-year lows, but the country's policy makers said that heralded good tidings.
In the past 12 months, 1.5 million borrowers bought their homes with down payments of less than 10 percent, marking a seven-year high, according to Black Knight Financial
China is set to report industrial production for the month of July on Monday at 10 a.m. SIN/HK as market watchers keep their eyes on the world's second largest economy.
A British real estate agent that drew up a map of where to live in the UK to avoid “any nuclear impact from World War Three” has apologized for the stunt.
Barry Sternlicht, Starwood Capital Group chairman & CEO, discusses the decision behind the deal creating the country's largest single-family home rental company with the merger of Starwood Waypoint and Blackstone's Invitation Homes.
After two years, retailer Toys R Us is coming back to Times Square this holiday season, the company announced on Thursday.
Millennials spend thousands on bachelor parties, which can cut into important purchases.
Executives of the low-cost gym chain pointed to its appeal to casual exercisers and ability to snap up vacant swaths of retail real estate.
Invitation Homes said on Thursday it would buy Starwood Waypoint Homes in an all-stock deal that would create a $11 billion U.S. single-family rental company.
China's Wanda Hotel Development said it will undergo a restructuring involving over 7 billion yuan ($1.05 billion) worth of assets.
Canada's tech scene is in the spotlight, but its urban policy may be key to future success, Curbed reports.
Four of the nation's largest cities are now considered overvalued, and affordability is becoming a bigger challenge.
A Bay Area couple bought San Francisco's Presidio Terrace for a mere $90,000 at a little-known auction and is considering charging residents to park.
CNBC's Aditi Roy reports how one couple bet big on an auction of a private street in San Francisco.
Since winning the Republican nomination, President Trump's businesses have sold at least 32 luxury condos and home lots for about $20 million to shell companies that shield the identities of buyers.