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Housing market

Soaring lumber costs add to the price of new homes

by Amy Scott
Feb 22, 2021
An increase in the cost of new homes then drives up the price of existing homes, as the overall market becomes more competitive.
Tim Boyle/Getty Images
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My Economy

What a busy holiday season meant for a Utah baker

by Andie Corban
Jan 29, 2021
Rita Magalde was "swamped" with orders for her baklava in December. When it was over, she called her realtor.
Rita Magalde with some of her sweet treats. Her business boomed during the holiday season.
Carlos Linares/Photo courtesy of Rita Magalde
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COVID-19

New home sales in August hit highest level since before Great Recession

by David Brancaccio , Candace Manriquez Wrenn , Erika Soderstrom and Alex Schroeder
Sep 25, 2020
Some of what we're seeing might be making up for a spring in which people were stuck at home and not buying.
Sales of new single-family homes rose 4.8% in August and surpassed an annual rate of 1 million for the first time in 14 years.
Justin Sullivan/Getty Images
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U.S. new home sales rise surprisingly strong 16.6% in May

by Associated Press
Jun 23, 2020
The numbers suggest that the reopening of major parts of the country gave a boost to the housing market.
A for-sale sign outside a house. Sales of existing homes jumped in June.
Eric Baradat/AFP via Getty Images
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COVID-19

Despite economic downturn, home prices haven't come down much

by Amy Scott
Jun 22, 2020
Demand is still outstripping housing supply.
The number of homes for sale is down 17% from this time last year.
Frederic J. Brown/AFP via Getty Images
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COVID-19

Housing market shows signs of a thaw

by Amy Scott
May 7, 2020
Mortgage applications have picked up, along with pending sales.
A house for sale sign in Illinois. Rates are low, but lenders are concerned about credit risk.
Tim Boyle/Getty Images
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How a mortgage broker is dealing with an ailing market

by Andie Corban and Kai Ryssdal
Mar 25, 2020
Los Angeles mortgage broker Vivian Gueler is expecting a drop in the value of real estate.
Scott Barbour/Getty Images
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COVID-19

What does social distancing mean for homebuying?

by Amy Scott
Mar 20, 2020
Packed open houses mean lots of people touching doorknobs and flipping light switches.
People touch a lot of surfaces during open houses.
Justin Sullivan/Getty Images
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Low interest rates from COVID-19 present a real estate opportunity

by Amy Scott
Feb 28, 2020
But the uncertainty that's driving those rates down is causing some to have second thoughts.
Cameron Spencer/Getty Images
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Housing starts down for the month, up for the year

by Mitchell Hartman
Feb 19, 2020
The Census Bureau reported housing starts fell 3.6% in January 2020 from the previous month, but rose 21.4% from January 2019.
Frederic J. Brown/AFP/Getty Images
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