Home prices rose by 0.40 percent in October according to Case-Shiller's 20-City Home Price Index and were unchanged from September's year-over-year reading of 5.50 percent growth.
Last week's economic reports included readings from Case-Shiller Housing Market Indices, National Association of Realtors(R) on pending home sales and weekly readings on mortgage rates and new jobless claims.
The Commerce Department's reading on sales of new homes was delayed due to the federal government's shutdown.
Virtual reality, artificial intelligence and drone video are just a few of the ways that technology is changing the real estate industry. If you are in the market for a property, understanding these new processes can help you in many ways.
Are you trying to decide if you should rent or buy? There are many reasons why home ownership is better than renting. Here are just a few to consider when you're making your decision.
During its post-meeting statement, the Federal Open Market Committee of the Federal Reserve announced that its target range for the Fed's key interest rate would increase one quarter percent to 2.25 to 2.50 percent. While this rate hike was not expected by the Executive branch, it met analyst expectations.
Last week's economic news included readings from the National Association of Home Builders, Commerce Department readings on housing starts and National Association of Realtors(R) report on sales of previously-owned homes. Weekly reports on mortgage rates and first-time jobless claims were also released.