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"The slowdown is a good thing for homebuyers,” one economist says.
In LA’s real estate market, sellers of even modest homes are paying thousands for rental furnishings — all designed to dazzle buyers.
The choke point is home building — which is in turn constrained by limited availability of land, building loans and skilled construction workers.
In Detroit, international investors buy low-cost homes, then rent them to locals.
Young buyers boost the market and economy, but not to pre-recession levels.
Higher house prices are often seen as a sign of an improving economy, but they have a downside when incomes don't keep pace.
Do fast-rising interest rates threaten the growing recovery in housing? Experts say prices are still low enough to attract buyers.
Home prices rose 1.2 percent in February and were up 9.3 percent since last year, according to the S&P Case-Shiller Index.
The latest home price numbers from the S&P/Case-Shiller Index show the strongest year-over-year growth since 2006.
A new set of beetles is taking North America by storm, and this time the casualty is the lumber industry. What does this mean for home building and other lumber needs in the U.S.?