According to the National Association of Realtors, after increasing to the highest annual rate in six months, existing-home sales fizzled in February 2016 amidst unshakably low supply levels and steadfast price growth in several sections of the country.
Global real estate consultant Knight Frank is reporting that a total of $9.6 billion USD was invested in Spain's commercial property sector in 2015.
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $493 on each loan they originated in the fourth quarter of 2015.
Moderating home price appreciation and improving housing inventory combined to spur California's housing market in February 2016 as existing home sales increased from both the previous month and year.
The NAHB is reporting this week that U.S. home builder confidence in the market for newly-built single-family homes was unchanged in March at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
One million borrowers regained equity in 2015, bringing the total number of mortgaged residential properties with equity at the end of Q4 2015 to approximately 46.3 million.
U.S. mortgage rates moved higher for the second week in a row, while also only posting the second increase this year making mortgage rates very attractive for the upcoming spring home buying season.
According to CBRE, Tokyo's office market inventory has further tightened in February, while both Osaka and Nagoya markets uptick slightly.
According to the Mortgage Bankers Association's latest Mortgage Credit Availability Index, U.S. mortgage credit availability remained unchanged in February 2016.
According to CoreLogic's latest Home Price Index and HPI Forecast for January 2016 shows U.S. home prices are up both year over year and month over month.
Irvine-Ca based CoreLogic is reporting this week that cash sales accounted for 36.4 percent of total U.S. home sales in November 2015, down 0.7 percentage points year over year from 37.1 percent in November 2014.
Most U.S. home buyers (64%) prefer a single-story home, but there is great variation by generation: Millennials (35%), gen X'ers (49%), boomers (75%) and seniors (88%).
According to the California Association of Realtors, statewide pending home sales in California decreased in January 2016 on a year-over-year basis for the first time since August 2014
Existing-home sales in the U.S. modestly crept forward in January 2016, and subpar supply levels propelled price growth to the fastest increase since last April 2015.
This week the California Association of Realtors reported that California's January 2016 existing home sales posted their best January monthly performance in three years.
U.S. home prices ended in 2015 with a modest increase as homes sales and residential construction continue to show solid growth. Nationwide.
Lower interest rates and level home prices combined to perk up California housing affordability in the fourth quarter of 2015.
According to CBRE Tokyo Retail Services, Tokyo retailers enjoyed a strong uplift in sales thanks to the growth of inbound tourism demand during the fourth quarter of 2015.