Mar 19, 2010 11:34 EDT
NEW YORK (Reuters) - The recession slowed most homebuilding in the United States to a standstill but it has fueled demand for a special kind of housing: the granny flat.
Nov 17, 2009 16:26 EST
NEW YORK (Reuters) - Don't expect the expanded home buyer tax credit to be a permanent cure for the U.S. housing market. It won't.
Jun 22, 2009 08:49 EDT
NEW YORK (Reuters) - The children of baby boomers will eventually resuscitate the pummeled U.S. housing market, Harvard University said on Monday, but in the meantime, limits on income and credit are sustaining the three-year bust.
Mar 23, 2009 18:19 EDT
Existing home sales rise 5.1 percent in February; prices plunge 15.5 percent. One month does not a recovery make. But a surprising leap in existing home sales in February was a welcome if tentative sign of hope that the real estate market may be stabilizing.
Mar 23, 2009 15:17 EDT
Northeast home sales and prices tumble in February as sagging economy lingers on. Home sales in the Northeast tumbled nearly 20 percent in February from last year, the worst region in the country, as the recession and layoffs made buyers cautious, the National Association of Realtors said Monday.