Home price growth sets new record

U.S. home prices tallied a 16.6-percent annual gain in May, continuing a 12-month streak of appreciations, according to the monthly S&P/Case-Shiller U.S. National Home Price Index released Tuesday Home prices rose by 1.8 percent from 14.8 percent growth in April. Low interest rates and a nationwide inventory shortage are causing home prices to rise at … Read more

Developers are betting big on these 10 housing markets

Housing markets across the U.S. are booming with high demand and low inventory, and it’s sent land prices into a frenzy. Land is a hot commodity right now, as the lack of homes for sale continues to push affordable housing out of reach for many first-time homebuyers and low-wage workers. According to a report by … Read more

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