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Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Existing home sales jump 3.6% vs. 1.5% expected
CNBC's Diana Olick reports on new home sales data that largely beat expectations. Read Article
Supply of homes for sale hits record low, and prices suddenly jump
Buyers are trolling the nation's neighborhoods looking for homes at the fastest pace in nearly two years, making an already critical shortage of inventory even worse. Sales of existing homes jumped a larger-than-expected 3.5% in December compared with January, according to the National Association of Realtors. Read Article
WeWork sells Teem and its stake in The Wing as it continues to divest non-core businesses
WeWork said the sales are part of the company's effort to focus on the core co-working business. Read Article
Weekly mortgage applications pull back slightly after strong start to 2020
Mortgage application volume fell 1.2% last week from the previous week, according to the Mortgage Bankers Association. Read Article
'Earth-related sectors' like property and resources to do well in year of the metal rat: CLSA
Thomas Li from CLSA says based on the firm's so-called 'Feng Shui Index,' Hong Kong's Hang Seng index is set to gain this year, driven by property and resources sectors. Read Article
Housing market falling short by nearly 4 million homes as demand grows
Even with an above average pace of construction, it would take builders between four and five years to get back to a balanced market. Read Article
Four stocks traders are picking to capitalize on the US homebuilding boom
PulteGroup, KB Home, Home Depot and Lowe's are traders' top picks for investors looking to buy into the U.S. homebuilding boom. Read Article
Inequality is the 'root cause of the problem' in Hong Kong amid prolonged unrest, says investor
Many people in Hong Kong cannot afford proper housing and the city needs to do more to help them, says David Kuo from The Smart Investor. Read Article
Got money troubles? Take this major step to ease your financial stress
If you have money troubles, understanding your priorities and setting short- and long-term financial goals is key to turning things around so you can get on a firm financial footing that will continue into retirement. Read Article
U.S. homebuilding is booming. Here's how to trade it
Craig Johnson, senior technical research analyst at Piper Sandler, and Danielle Shay, director of options at Simpler Trading, talk the housing starts surge with CNBC's Eric Chemi. Read Article