The Commerce Department said that builders started construction at a seasonally adjusted annual rate of 1.16 million units last month, down from a 1.27 million pace in January.
Florida and Las Vegas are the best housing markets in the United State for first time buyers, with three of the six best in Florida, new research shows.
Prime property price growth in key cities around the world slowed in the second half of 2018 to just 0.4% but overall increased by 2.3% across 2018, the latest international index shows.
Residential rents in the United States increased by 2.4% in the 12 months to February 2019 to a median value of $1,472 per month, the latest real estate index shows.
Buyers in the United States are gaining more negotiating power as the housing market slows, especially in some of the nation’s hottest markets, new research has found.
The sale price of the tower in midtown Manhattan, considered an Art Deco masterpiece, marks a significant loss for Emirati investment firm Mubadala, which paid $800 million for a 90 percent stake in 2008.
Pending home sales in the United States rebounded strongly in January, including a large surge in the South, according to the latest index from real estate agents.
San Francisco, San Jose, Seattle and Denver have seen home values grow more slowly than the nation over the past year, but they are the four hottest property markets compared to the rest of the United States, new research shows.
Existing home sales in the United States fell slightly in January, down 1.2% month on month but it was the third monthly fall in row, the latest index data shows, as only the North East saw sales rise.
House prices in the United States increased by 7.5% to $225,300 in the 12 months to January 2019 while rents have increased by 2.1% to $1,468, the latest index shows.
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