WASHINGTON — US new home sales rose 2.1 percent in May to 476,000 annual rate, fastest pace in 5 years.
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Heavily indebted Chinese developer proposes restructuring
A Chinese real estate developer whose struggle to manage more than $300 billion in debt rattled global financial markets announced a long-awaited plan Thursday to restructure what it owes to foreign bondholders.
Business
Millennial Money: Is being a landlord worth it?
for those who can afford it. But in recent years, trends such as house flipping, ''house hacking'' (living in one room of a property while renting out the others) and short-term vacation rentals have made real estate investment much more accessible, especially for millennials seeking a second income stream in an uncertain economy.
Business
In low-wage Portugal, Europe's housing crisis bites deep
Like a growing number of people in Portugal, Georgina Simoes no longer earns enough money to afford a place to live.
Business
Despite market slump, high rates dim homebuyer affordability
Homeownership is likely to remain a pipe dream for many Americans this spring homebuying season.
Housing
Looking for an affordable starter home in the Twin Cities area? Good luck
Years of record price gains have fueled the demise of the $300,000 starter house, making houses in every price range more expensive.
