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A real estate group says home prices fell in eight out of every 10 U.S. cities in the third quarter of this year as heavily discounted distressed sales made up 30 percent of all deals.
Home prices rose in August for the third straight month, a rapid pace of recovery that surprised economists and raised questions about how long the trend can last.
A government index shows U.S. home prices dipped slightly in August from the previous month, but remained above a low point reached in May.
Home prices rose for the third month in a row in July, new data Tuesday showed, more proof a fragile housing recover is underway.
U.S. home prices rose slightly in July from a month earlier, according to a government index, further evidence the housing market is stabilizing.
Home prices across most of the country have started to rise from the depths of the housing slump, a critical trend that will help stabilize the broader U.S. economy, according to new figures released Tuesday.
A closely watched index shows home prices posted their first quarterly increase in three years, signaling the housing market has turned a corner.
A real estate group says U.S. home prices posted a gain in the second quarter, another sign that the ailing housing market is finally coming to life.
There were fresh signs Tuesday that home prices in much of the country are stabilizing and the housing market is on the mend.
A widely watched index shows home prices posted their first monthly increase since the summer of 2006, indicating prices are finally stabilizing.
Newfound signs of stability in the housing market could still be threatened by rising foreclosures and slow efforts to stop them, according to two reports released Tuesday.
Is the historic U.S. housing market crash close to being over, or is the end still far, far away?
Home prices fell in the first quarter but the pace of decline eased a bit from the record drop seen in the final three months of 2008, a government housing agency said Wednesday.
Home prices fell in nearly nine out of every 10 U.S. cities in the first quarter of this year as first-time buyers looking for bargains dominated the market.
In another sign the housing crisis could be reaching the bottom, home prices dropped sharply in February but for the first time in 25 months the decline was not a record.
Home prices sank by the sharpest annual rate on record in January, and the pace continues to accelerate, but there were a handful of battered metro areas where price declines slowed, according to data released Tuesday.
A government report says U.S. home prices fell 6.3 percent in January from the same month last year.
Home prices tumbled by the worst annual rate on record in the fourth quarter, two housing indexes showed Tuesday, and the slope of decline steepened in all but a handful of battered cities.
Home prices fell in nearly nine out of every 10 U.S. cities in the fourth quarter of last year as low-cost foreclosures flooded the market and the housing market's decline spread nationwide.
Jacquie Jacobs has lived in San Diego all her life, and finally now, she can afford to buy a house there. That's the bright side of plunging home prices.
Home prices dropped by the sharpest annual rate on record in October and there are no signs the housing pain is over, according to a closely watched index released Tuesday.
A widely watched index shows home prices dropping by the sharpest annual rate on record in the third quarter.
Home prices tumbled by the sharpest annual rate ever in August, with little indication of a turnaround in sight, a closely watched index showed Tuesday.
A closely watched index released Tuesday showed home prices tumbling by the sharpest annual rate ever in July, and though the monthly rate of decline is slowing, there is no turnaround in sight.
Californians rave about year-round sunshine, temperate climate and easy access to surfing, snowboarding and everything in between. But when it comes to getting the most out of their homebuying dollar, they've got nothing on homeowners in the Midwest, a new study suggests.
Foreclosures: 'Worst three months of all time'Despite signs of broader economic recovery, number of foreclosure filings hit a record high in the third quarter - a sign the plague is still spreading.
Foreclosure: Now an Upscale BlightRising job losses and falling home prices are dragging down people who never dreamed they would get in trouble.
Home prices fall; foreclosures soarHome prices continued to plunge across the nation in March, and record foreclosure filings in April amid a huge overhang in housing inventory mean that home prices will continue their descent, analysts said Tuesday.
Wall Street stocks surge as consumer confidence returnsA surprise jump in consumer confidence sent Wall Street stocks surging today as the mood of American shoppers improved sharply despite plunging house prices, soaring unemployment, broken banks and stricken car companies.
Home Prices Continue Downward March U.S. home prices continued their multiyear tumble in March, according to the S&P Case-Shiller home-price indexes, as the downdraft shows no near-term signs of abating.
U.S. Home Prices May Be Lost for a Generation: Wasik of BloombergDon't be blinded by the glint of optimism in headlines about rising consumer confidence and slowing price declines. Demographic and market realities tell a more sobering story.
Southern California median home price falls to $250,000 - Los Angeles TimesHome prices in Southern California are less than half of what they were one year ago.
Signs of Letup in Home Price SlideThe decline in residential property prices appears to be slowing.
Dollar stores' stocks defying the economic downturnRecession-wary shoppers aren't the only ones finding big bargains in the dollar stores. Investors are, too. The stock market might be suffering one of its most painful slumps ever, but shares of stores that sell the cheapest items are ringing up gargantuan gains.
McConnell Pushes Pork-Barrel Benefits in Senate Re-Election Bid The Senate Republican leader, facing an unexpectedly tough re-election race, tells diners that his stature and seniority bring dollars-and-cents benefits to the area: $2 million for a job training center, $720,000 to a historic preservation group, $1 million for sewer lines.
Greenspan Says Housing Prices Not Yet Near Bottom Former Federal Reserve Chairman Alan Greenspan said falling U.S. home prices are ``nowhere near the bottom'' and the resulting market turmoil isn't showing signs of abating.
Home Prices Drop by Record 15.8 pct. in May Home prices tumbled by the steepest rate ever in May, according to a closely watched housing index released Tuesday, as the housing slump deepened nationwide.
The Meltdown Lowdown (No. 10)A Chinese central banker makes some very odd complaints, Wall Street bankers got bonuses for profits that we now know were bogus, and McCain doesn't understand what cap-and-trade means.
Homes prices could drop another 50%With home prices plunging by more than 30% in some markets, bargain-hunters are ready to pounce. But it may pay for buyers to wait. Many housing experts say that the worst-hit metro areas have even farther to fall, and could see total drops of as much as 50%.
Seller Beware: Messy Neighbors Bring Down Home ValueThe Kennedys, who thought of the home as their "dream house," have mixed feelings now that they are making the transition from proud homeowners to nervous sellers. "It's not the house, it's the neighborhood. Their houses are $300,000 and ours is $600,000," Andrew said.
America's house prices are falling even faster than during the Great DepressionAS HOUSE prices in America continue their rapid descent, market-watchers are having to cast back ever further for gloomy comparisons.
No-money-down mortgages are still happeningYou probably thought nothing-down mortgage loans disappeared in the wake of the American subprime lending crisis, which has ensarled much of the world in a credit crunch. They didn't.
Home prices, consumer confidence plunge in USIn continued signs of economic recession in the US, figures released on Tuesday show home prices and consumer confidence falling sharply.
Is your suburb overpriced?Families in Bloomfield Township, Mich., on average, spend twice as much as other Michigan households on gas and other transportation costs, mortgage payments, utilities and clothing, health care, education, food and other everyday purchases.
Should home sale prices be secret?If you live in a hot real-estate market, you may receive frequent postcards or fliers from real-estate agents touting the sales prices they recently nabbed for neighbors.
The Upside of Home ForeclosuresIf you're facing foreclosure, Treasury Secretary Henry Paulson wants to help. "If someone is willing to make a call to reach out," says Paulson, "there's a chance we can save their homes." But Paulson can't save these homes because the homes are not endangered in the first place.
Help! I Can't Sell My McMansion...Sales of new homes dropped last month to their lowest level in more than 12 years. Mortgage applications have fallen to their lowest level in a year. Bidding wars are pretty much done.
As housing slumps, realtors quitAfter three years showing houses in Atlanta's hilly suburbs, Dee McMahon is finished with real estate. Yanking up her custom-made "For Sale" signs in her North Lake neighborhood rattled her ego, she admits. But when Ms.
Record fall in US home pricesUS home prices fell by more than 6 percent in October from their October 2006 levels, according to a closely followed home price index, recording the biggest annual decline since the index began in 1987.
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