Tag: U.S. housing market

Speculators return to Las Vegas as home prices surge

More than any other U.S. city, Las Vegas epitomized the housing boom and bust of the last decade. Housing prices were on a seemingly unending growth spree, a trend fueled by speculators flooding into the market and reaping profits off the bubble. Then, the bubble popped, cratering prices and pushing […]

Lack of housing supply continues to drive rising home prices

Home prices continued rising during the last month of 2017, but there are early signs they may begin to slow in the coming months. The Case Shiller National Home Price Index jumped 6.3 percent in the 12 months leading up to December, up from a 6.1 percent year-over-year gain reported […]

Housing starts down again in January

U.S. homebuilders started construction on fewer projects in January than in December, continuing a six-year, saw-tooth pattern of ups and downs in housing starts. January housing starts were at a seasonally adjusted annualized rate of 1.065 million units, 2 percent below the downwardly revised December estimate of 1.087 million. Economists […]