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Recent Articles from Josh Boak, AP Economics Writer
Existing US home sales fell in December as supplies at 17-year low
WASHINGTON (AP) — Americans retreated from purchasing homes in December, as the number of properties listed for sale sank to its lowest level since 1999. The National Association of Realtors […]
Survey: More first-timers than expected are now buying homes
WASHINGTON (AP) — First-time buyers may be entering the U.S. home market in greater numbers than industry watchers had assumed. Nearly half of sales in the past year went to […]
US pending home sales slump in August
WASHINGTON – Fewer Americans signed contracts to buy homes in August, as a shortage of properties for sale is weighing on the market. The National Association of Realtors said Thursday […]
Q&A: A mortgage exec reflects on housing market’s challenges
WASHINGTON (AP) — From the outside, the housing market looks solid: Sales are climbing. So are prices. Mortgage rates are near historic lows. But the picture gets more complicated the […]
US home sales fell in August as inventories plummet; Charlotte sales rose
WASHINGTON (AP) — Americans retreated from home-buying in August, as a worsening inventory shortage appears to be hurting sales and pushing prices higher. However, the Charlotte region bucked that trend, […]
US home construction slumped in August; big dip in the South
WASHINGTON (AP) — Homebuilders pulled back on construction in the South, causing the pace of August housing starts nationwide to fall to their lowest level in three months. Despite the […]
Pending US home sales strengthened in July
WASHINGTON (AP) — More Americans signed contracts to purchase homes in July, a sign that demand for home ownership remains strong despite a shortage of listings on the market. The […]
US home sales fell in July amid inventory shortage
WASHINGTON (AP) — US homebuyers pulled back in July, as sales declined amid a shortage of available properties and steadily rising prices. Sales of existing homes fell 3.2 percent last […]
US new-home sales climb to best level since late 2007
WASHINGTON (AP) — Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, as low mortgage rates and a steady job market […]
US home construction climbed to a 6-month high in July
WASHINGTON (AP) — Apartment construction in the Northeast fueled a jump in home building in July as the pace of housing starts nationwide reached the strongest pace in six months. […]
US new-home sales climbed in June to more than 8-year high
WASHINGTON (AP) — Americans bought new homes in June at the fastest pace in more than eight years, a sign that a solid job market and low mortgage rates are […]
US home rental price growth pulls even with wages
WASHINGTON (AP) — U.S. renters are seeing their housing costs rise at a much more manageable pace, as new construction has tempered years of runaway increases in rent. Real estate […]
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