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.

Phoenix, Arizona, was hit hard during the housing crash. Now the housing market is recovering quickly and home buyers are frustrated. But one expert says that doesn't make a housing bubble.

Glenn Hubbard, former Chair of the White House Economic Council of Advisers under President George W. Bush, discusses the entitlement reform, the economic recovery, and taxes.

After losing $166 billion in four years, Fannie Mae reported a $17 billion profit for 2012 — a record.

Home prices rise, but can they boost the job market?

With housing inventory at its lowest point in 13 years, realtors are trying new tactics to add listings.

As home prices rise, more owners are preparing housing for sale — and construction companies and building supply chains are hiring again.

Despite a 46 percent jump in softwood lumber prices, many timber companies are wary to head into the forests.

The pace of home building slowed in January, falling 8.5 percent from December. Despite the decrease, January was still the third best month for house construction since 2008.