Good News, Real Estate | featured news

Home sales surpassed expectations for April as government incentives provided a temporary boost to the housing market.

Better weather and government incentives help March sales rebound from record low.

U.S. housing starts rose more than expected in March to their highest level since November 2008 and permits to build new homes scaled a 17- month high.

Apartment rents rose during the first quarter, ending five straight quarters of declines and signaling the worst may be over for the hard-hit sector.

Reaction to last week's employment report translates into stock market gains as service sector, real estate also report upbeat news.

Sales of previously owned U.S. homes in July notched their fastest pace in nearly two years, an industry survey showed on Friday, the strongest sign yet that housing was pulling out of a three-year slump.