Real Estate
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July Marked a Boost in US Pending Home Sales Figure

July Marked a Boost in US Pending Home Sales FigureThe number of pending home sales that dipped slightly in June was again back in track in July. More number of people in the U.S signed contracts for purchasing homes.

On Thursday, the National Association of Realtors said that the seasonally adjusted sales index for pending home sale scaled 0.5 percent to 110.9 in the previous month. These figures look rosier June which had dropped to

In June Dallas-area Home Prices Climb 8.2% Ranking Third in National Average

In June Dallas-area Home Prices Climb 8.2% Ranking Third in National Average

Home prices in the Dallas area moved up once again in June. It is among one of the highest gains recorder nationwide for a key metro area.

In June, the home prices in the area grew 8.2 percent almost double the average national rate notes the most recent S&P/Case-Shiller Home Price report released on Tuesday.

In Spite of Rising House Prices and Sales the US Mortgage Debt Changed Little

In Spite of Rising House Prices and Sales the US Mortgage Debt Changed LittleEven though the home sale is increasing in America and people are paying higher prices for them but surprisingly new data reveals that the mortgage debt remains little altered.

House Price Rates on Rise at Their Fastest Pace since 2007, Reveals QV House Price Index

House Price Rates on Rise at Their Fastest Pace since 2007, Reveals QV House Price Index A recent data showed that residential property prices all over New Zealand increased at the greatest speed since 2007.

The recent monthly QV House Price Index revealed that values of residential property for July has increased 10.1 percent all over the nation in the last one year.

Labour Warns Overseas Purchases are Inflating Property Prices

Labour Warns Overseas Purchases are Inflating Property PricesAre the Chinese New Zealanders really to be blamed for the sky rocketing housing pieces in New Zealand? At least that is what Phil Twyford , the Labour's housing spokesman has to say.

Phil Twyford said that the sales data gathered by a major property firm revealed that people who had Chinese names purchased about forty percent of the total houses sold in the past three months till April end.

Home Builder Sentiment Index Dropped in May but Outlook for Future Is Optimistic

Home Builder Sentiment Index Dropped in May but Outlook for Future Is OptimisticHome builders view on sales dropped this month but remained above a point where the conditions indicate a good view for the market.

In April, the builder-sentiment index released by National Association of Home Builders was 56 but it dropped this month to 54. A reading which is more than 50 indicates a positive outlook.

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