U.S. Home Sales

Home Prices Make Record Jump

Housing Market Remains Hot

U.S. home prices jumped by a record amount in June as homebuyers competed for a limited supply of available houses, the latest evidence that the housing market remains red-hot. A 20-city home price index jumped 19.1% in June compared with a year earlier, the largest increase on records dating back to 2000. The annual price gains in June were higher…

Pending U.S. Home Sales Strengthen in July

More Americans signed contracts to purchase homes in July, a sign that demand for home ownership remains strong despite a shortage of listings on the market. The National Association of Realtors says its seasonally adjusted pending home sales index rose 1.3 percent last month to 111.3, the highest reading since April. The index of upcoming sales increased 1.3 percent from…