NEW YORK (Reuters) - U.S. home prices in July rose for the third straight month, surpassing forecasts and suggesting that the housing market is stabilizing after a three-year plunge.
U.s. Home Prices Up In July For Third Straight Month
Reuters: Business News, Reuters: Business
Tue, 09/29/2009 - 6:39am
RELATED ARTICLES
- US home building is surging, but job growth isn't
The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More - New home sales rise, housing recovery still on track
Sales of new single-family homes rose in March, indicating the housing market recovery remains on track. More - Existing home sales edge down, prices rise
Home resales edged downward in March, a pause in the housing market recovery that has helped boost the economy. More - Wall Street betting billions on single-family homes in distressed markets
Big investors are pouring unprecedented amounts of money into real estate hard hit by the housing crash, bringing those moribund markets back to life but raising the prospect of another Wall Street-fueled bubble that won’t be sustainable. More - DealBook: Mortgage Relief Checks Go Out, Only to Bounce
Relief checks issued as part of a settlement over foreclosure abuses have bounced, an unfortunate twist for consumers who have already faced problems over reviews of troubled mortgage loans. More
BING NEWS:
- Average rate on 30-year mortgage hits 7% after 5th straight increase, now highest level since May
The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight months.
01/16/2025 - 6:13 am | View Link - U.S. consumer prices see largest gain in nine months; core inflation shows signs of easing
U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.
01/15/2025 - 11:08 am | View Link - Average US Long-Term Mortgage Rate Inches up to 6.93% This Week for Fourth Straight Increase
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, specifically the yield on the U.S. 10-year Treasury. The yield on the 10-year ...
01/9/2025 - 4:01 am | View Link - Home Prices Continue to Rise
In November, home prices inched up by 4% on a year-over-year basis. Home prices have been steadily increasing over the past few months but remain far below the 19% ...
01/2/2025 - 11:00 am | View Link - Pending Home Sales Rise for Fourth Straight Month as Buyers Adapt to Higher Mortgage Rates
Signed contracts for existing homes increased 2.2% last month from October, in the fourth straight month of gains, the National Association of Realtors® reported Monday. Pending sales, which don't ...
01/2/2025 - 3:20 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more