Housing Market | featured news

U.S. single-family home prices rose in May from April, the first monthly increase in nearly three years, suggesting prices may be stabilizing, according to Standard & Poor's/Case Shiller home price indexes on Tuesday.

Price cuts and tax credits provide a boost.

Construction of new homes rose in June to the highest level in seven months, a sign builders are starting to regain confidence ...

U.S. home foreclosure activity galloped to a record in the first half of the year, overwhelming broad efforts to remedy failing loans while job losses escalated.

U.S. officials are weighing a plan to let borrowers who have fallen behind on mortgage payments avoid eviction by renting their home instead, sources familiar with the administration's thinking said on Tuesday.

If nothing else, the legal maneuver will buy them some breathing room. But it also will destroy their credit rating, and it may not even be necessary.

To most people, bankruptcy is a four-letter word.

Slower rate suggests some parts of the housing market could be stabilizing, index shows.

Existing home sales in the U.S. rose in May for a second month as record foreclosures caused prices to drop.

Mortgage rates fell this week, with the average rate on 15-year fixed-rate mortgages dropping back below 5%, according to Freddie Mac's (FRE) weekly survey of mortgage rates released Thursday.

New U.S. housing starts and permits surged in May from record lows, while producer prices rose at a slower pace despite higher gasoline prices, boosting prospects for the economy's recovery from recession.