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Home sales

Housing growth is stunted by a lack of supply

by Mitchell Hartman
Apr 21, 2017
The job market is firm, consumer confidence is high and mortgage rates are low. Perfect conditions for a strong housing market. Yet, inventory of new homes and sales of existing homes remain depressed. And that’s putting a big crimp on growth.  Click the audio player above to hear the full story.
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New home sales up more than 25 percent from last year

by Donna Tam
Jul 26, 2016
The U.S. Census Bureau’s latest numbers shows the market trending up for several months now.
Photo by Justin Sullivan/Getty Images
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By one measure, that million-dollar home in San Francisco isn’t as expensive as it seems

by Lewis Wallace
May 30, 2016
Low interest rates and rising incomes might offset prices, but affordability is still a problem
San Francisco's famed Painted Ladies victorian houses, 2014. 
Justin Sullivan/Getty Images
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New home sales lag overall market

by Mitchell Hartman
May 24, 2016
New home sales have risen moderately since 2011 as builders focus on higher-priced homes for higher-income buyers.
New home sales are less than half of what they were in the mid-2000s.
Justin Sullivan/Getty Images
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Million-dollar homes are no longer anything special

by Mark Garrison
May 19, 2016
With rising prices and rents, it's tought to gain a foothold in big U.S. cities.
A luxury home in San Francisco, California. Around 57 percent of San Francisco homes are now worth a million or more.
Justin Sullivan/Getty Images
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J.C. Penney is set to enter the appliance business

by Nova Safo
Feb 17, 2016
To boost sales, stores are targeting the 'modern American mom.'
To boost sales, J.C. Penney is targeting the "modern American mom."
Spencer Platt/Getty Images
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In real estate, cash is king

by Nancy Marshall-Genzer
Jan 12, 2016
Nearly 40 percent of home sales were cash deals in November.
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Do higher home prices mean the market is rebounding?

by Gigi Douban
Mar 31, 2015
The answer is complicated, thanks to that basic economic rule: supply and demand.
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Existing home sales report reveals caution

by Gigi Douban
Mar 23, 2015
Existing home sales report shows cautious homeowners and home buyers.
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Recovery in new home sales a boost for the economy

by Eve Troeh
Dec 27, 2012
Many of the new homes being sold now were planned years ago. Finally demand has returned, in part because first-time buyers are being outbid by investors for bargain foreclosure sales.
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