Multi-factors push up housing price: official
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A spokesman from the National Bureau of Statistics (NBS) said here Friday that multi-fators have pushed up the housing price. Statistics show that the prices of housing and
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The Centre is said to be of the view that with the inflation rate already high, any hike in prices at this juncture could fuel it further.
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The rate consumers pay on a 30-year, $200,000 home loan will likely rise 0.2 of a percentage point - an extra $9,200 over the course of the loan - as the largest US buyer of mortgages slows growth to meet regulators&#39; request to boost capital, said Kevin
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By George Chamberlin , Daily Transcript Financial Correspondent. Rising residential real estate values have been a blessing for many households.
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Sales of new homes rose 16.2 percent  in April, the sharpest climb in fourteen years, while prices  fell a record 11 percent, according to a government report on  Thursday that showed home builders taking extraordinary steps  to move houses.
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Property in Manhattan continues to escalate in price, and that includes parking spaces.
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Construction of new homes and apartments rose 4.7 percent in January to the highest level in over two decades as low mortgage rates continued to power the nation's housing industry.
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Pending sales of existing U.S. homes advanced a stronger-than-expected 4.9 percent in December, the biggest monthly gain since 2004, a real estate agents' trade association said on Thursday in a report showing some stability in the housing market.
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The rate consumers pay on, for example, a 30-year, $200,000 home loan will likely rise 0.2 percentage point -- an extra $9,200 -- as the largest US buyer of mortgages slows growth to meet regulators&#39; request to boost capital, an analyst said Friday.
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Business & money: Britain's biggest mortgage lender ups its house price growth forecast for this year to 6%, and said that London house prices would rise 12%.
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Mortgage rates are nearing a five-year high, raising the cost of home ownership for buyers by hundreds or thousands of dollars a year at a time when real estate markets are struggling with tepid demand and a surplus of houses for sale.
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The rate of inflation rose in August for the fourth successive month as this year&#39;s series of interest rate rises drove up the cost of buying a house.
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Sales of new homes rose 16.2 percent in April, the sharpest climb in 14 years as builders slashed prices a record 11 percent, a government report showed on Thursday, signaling stabilization in the housing sector.
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Sales of new homes rose by 9.4 percent in August, the Commerce Department said Monday, as mortgage interest rates remained at low enough levels to continue enticing buyers worried about future rate hikes.
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House prices in East Anglia will buck the national trend by holding firm or even continuing to grow, says a building society chief.
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WASHINGTON &#151; Sales of new homes rose by 9.4 percent in August, the Commerce Department said yesterday, as mortgage interest rates remained at low enough levels to continue enticing buyers worried about future rate increases.
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Housing starts have been very high relative to the number of homes that builders are trying to sell.