Housing

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.

Existing home sales grew 0.7% to a seasonally adjusted 5.39 million-unit rate in September.

The pace of housing starts fell by 4.7% to a 1.127 million seasonally adjusted annual rate in September.