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New home sales rise, prices surge to record highs

(Reuters) - Sales of new single-family homes rose 2.3 percent in April, and prices climbed to record high levels, offering strong proof the sector's rebound trend is intact.Full story

China April housing inflation quickens to two year high

BEIJING (Reuters) - China's housing inflation accelerated to its fastest pace in April in two years, driven by a jump in prices in Beijing and Shanghai, complicating the task of policymakers trying to cool the property sector while supporting economic expansion. Full story

Experts: Ariz. Jobs, home prices slowly rebounding

Job growth and home prices are slowly rebounding, but the state has a long way to go and automatic federal budget cuts aren't helping, some of Arizona's top business experts said Thursday. Full story

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Articles

California home prices hit nearly 5-year high

Las Vegas home prices up again in April

News Summary: US home prices up 10.5 pct. in March

March home prices see biggest yearly gain in 7 years: CoreLogic

Standard Pacific's net income, revenue surge in 1Q

China home prices up for 11th straight month in April: survey

News Summary: US home prices rise most in 7 years

Brighter view on jobs and pay lifts US confidence

RI median home price jumps 9 percent in March

Analysis: Boomer downsizing trend hasn't materialized yet, but may

Video

  Home prices on the rise

With fewer new listings, home prices are going up in all 20 of the nation’s biggest cities. NBC’s Brian Williams reports.

  JPMorgan Downgrades Pulte Home

Cummins' Q1 earnings data fell short of analyst estimates, with the FMHR traders; and the Case-Shiller report showed home prices posted their best gains in 7 years. Michael Rehaut, JPMorgan discusses why he downgraded Pulte Home today.

  First-time buyers struggle as home prices rise

Home prices are rising at the fastest pace since 2006, making it difficult for the first-time buyer to close a deal. NBC’s Diana Olick reports.

  All America Survey: Housing Turned a Corner?

CNBC's Steve Liesman takes a look at the results from CNBC's survey in regards to where consumers think their home values are headed.

  Home Economics: Buying vs. Renting

Jed Kolko, Trulia chief economist, discusses a 2013 report that indicates it's cheaper to buy a home than rent, despite rising home prices.

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Related Photos

A salesperson talks to a customer behind models of a residential compound at a real estate exhibition in Wuxi
A salesperson talks to a customer behind models of a residential compound at a real estate exhibition in Wuxi

A salesperson talks to a customer behind models of a residential compound at a real estate exhibition in Wuxi, Jiangsu province May 18, 2013. China's housing inflation quickened in April, marking the fourth consecutive year-on-year rise and challenging policymakers who are trying to cool record hom

Chapman poses on the balcony of her rented home in Las Vegas
Chapman poses on the balcony of her rented home in Las Vegas

Kay Chapman poses on the roof of her rented home in Las Vegas, Nevada April 4, 2013. Vegas home prices are up 30 percent over the past year, with the median home now selling for $161,000, according to the Greater Las Vegas Association of Realtors. Picture taken April 4, 2013. To match Special Repor

GMC sport-utility vehicles are pictured at a dealership in Pasadena
GMC sport-utility vehicles are pictured at a dealership in Pasadena

GMC sport-utility vehicles are pictured at a dealership in Pasadena, California April 3, 2013. Sales of sport-utility vehicles and pickup trucks jumped in March, spurred by rising home prices and an increase in housing construction, major automakers said on Tuesday. REUTERS/Mario Anzuoni (UNITED