Housing News

I read Diana Olick's Realty Check blog on CNBC.com on occasion. I must admit that she is considerably more credible and serious than the vast majority of personalities to be found over there.

Nov. 26--Home prices in Israel showed the fastest rise in the third quarter of 2009 in global markets tracked by "Global Property Guide". Israeli home prices were 10.15 percent higher in the third quarter than in the corresponding quarter of 2008, and 0.68 percent higher than in the second quarter.

Cheung Kong Ltd. Chairman Li Ka-shing , Hong Konga s richest man, is buying more shares in the property developer, the worst-performing stock this year among the citya s five biggest real-estate companies.

BEIJING: Shou Zhenwei, a 28-year-old state-owned company employee in Beijing, paid 1.4 million yuan for a two-bedroom apartment this month, realizing a long-cherished dream.

Nov. 25 -- Bloomberg's Ellen Braitman reports on the performance of the U.S. equity market today.

Florida is a buyera s market. Home prices are down and therea s a tax credit for first and second time buyers.

Home prices across the nation are beginning to recover. But not in Arizona. New figures Tuesday from the Federal Housing Finance Administration find that the price of the average home sold in the United States actually rose more than 2 percent between the second and third quarters of this year.

U.S. consumer spending and home sales rose more than expected in October, while new claims for jobless benefits fell sharply last week, suggesting the economic recovery was gaining traction.

For sale sign for a new home is shown in East Palo Alto, Calif., in this Dec. 16, 2008 file photo.

WORRIED that $500,000 is too much to pay for a Melbourne house? The Reserve Bank isn't worried and it expects prices to climb higher still.

Stock futures pointed to a higher open after data on an improving job market and strong consumer spending provided reassurance that the economy is recovering.

Dallas-Fort Worth home prices were down 1.2 percent in September compared with the year before, according to the latest Standard & Poor's/Case-Shiller Home Price Indices, a leading measure of U.S. home prices.

Fixed 30-year mortgage rates dropped for a fourth consecutive week, matching a record low set in April, in a decline that may further support increasing sales in the battered housing market.

An investor walks past an electronic board with stock information at a brokerage house in Wuhan, Hubei province.

Nov. 24 -- Donald Brownstein, chief executive officer of Structured Portfolio Management, talks with Bloomberg's Betty Liu, Adam Johnson and Jon Erlichman about the outlook for the U.S. housing market.

Home sales in Los Angeles County rose 1.8 percent in October compared to the same time last year, but were down 5.6 percent from the previous month, according to figures released today.

The government-run fund that safeguards U.S. bank deposits tumbled to a negative balance of $8.2 billion in the third quarter, as the number of problem banks surged by a third to 552.

Maine real estate agents say sales of single-family homes in the state are up for the fifth consecutive month.

U.S. house prices rose modestly in the third quarter of 2009 according to the Federal Housing Finance Agency's seasonally adjusted purchase-only house price index .

Sales of new homes are expected to post a modest increase in October, reinforcing data this week that showed the real estate market is regaining its footing after a dramatic collapse.