Americans signed more contracts to buy previously occupied homes in May, matching the fastest pace in two years. The increase suggests consumers are gaining confidence in the housing market and a modest recovery will continue.

Tagged with: Case-Shiller index home sales National Association of Realtors

Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak.

Tagged with: Case-Shiller index foreclosure housing market

U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy and weigh on the broader economy in 2012.

Tagged with: Case-Shiller index foreclosures home sales jobs unemployment

By Alan Zibel AP Real Estate Writer New York — A strong rebound in California’s real estate market helped lift a key home price index for the eighth straight month. Prices are up almost 4 percent from the bottom in ...

Tagged with: Capital Economics Case-Shiller index Conference Board Consumer Confidence Index homes index real estate Thomson Reuters