Home prices in the U.S. rose in April for the first time since last spring, the Federal Housing Finance Agency (FHFA) reported Wednesday. The agency’s House Price Index recorded a 0.8 percent seasonally adjusted increase between March and April – the first month-over-month gain since May 2010. The index is calculated using purchase prices of …
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The national unemployment rate fell to 8.9 percent in February, as employers added 192,000 jobs to their payrolls, according to figures released Friday by the U.S. Department of Labor. The rate is down from 9.0 percent in January and 9.4 percent as recently as December. The Labor Department described the latest numbers as “little changed,” …
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For many young couples, the idea of owning their own house just like their parents is an attractive idea, but it’s not very realistic. A recent poll conducted by the Associated Press and America On Line Real Estate showed that 80 percent of respondents believe that it is hard for first-time buyers to afford a …
Residential property values fell 0.2 percent at the national level during the third quarter of this year, according to Integrated Asset Services (IAS). In front of a seasonal slow-down in home sales, IAS says the data foreshadow “particularly difficult times ahead” for the country’s housing markets and for the U.S. economy overall. The IAS360 House …
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