Housing

Existing home sales fell 3.6% to a seasonally adjusted 5.57 million-unit rate in December from a revised 5.78 million sales pace the previous month, first reported as 5.81 million, the National Association of Realtors announced Wednesday.

The pace of housing starts posted an 8.2% decline to a 1.192 million seasonally adjusted annual rate in December.

Builders’ confidence in the market for new single-family homes slipped as the National Association of Home Builders' housing market index fell to 72.

Gov. Jerry Brown's $190.1 billion spending plan emphasizes stockpiling reserves, but fellow Democrats in the legislature want more spending.

Barbara Thompson stepped down at the end of 2017 after 16 years as executive director.

Pending home sales rose 0.2% to an index reading of 109.5 in November, from an unrevised 3.5% gain to 109.3 in October.

Home prices rose 6.2% on an annual basis in October, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.

The pace of new single-family home sales increased by 17.5% to 733,000, the highest level since July 2007.

Existing home sales grew 5.6% to a seasonally adjusted 5.81 million-unit rate in November.

The pace of housing starts posted a surprise 3.3% gain to a 1.297 million seasonally adjusted annual rate in November, well ahead of expectations for a 1.250 million pace.

Builders’ confidence in the market for new single-family homes increased as the National Association of Home Builders' housing market index climbed to 74 in December.

Portland, Ore., will use proceeds from the city's $258 million housing bond to build affordable apartments on a Southeast Portland property formerly home to a strip club.

Cybersecurity is among the city's latest challenges, said James Patchett, CEO of the New York City Economic Development Corp.

Home prices rose 6.2% on an annual basis in September, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.

The pace of new single-family home sales increased by 6.2%, to the highest level since October 2007.

Existing home sales grew 2.0% to a seasonally adjusted 5.48 million-unit rate in October from a revised 5.37 million sales pace the previous month.

La Verne is using a new Enhanced Infrastructure Financing District to develop the area around a new train station.

The plan is up from the previously announced 200,000 homes.

Pending home sales remained at an index reading of 106.0 in September, after a revision to August’s level.

The pace of new single-family home sales increased sharply by 18.9%, the largest percent change since January of 1992.