Groundbreaking on homes fell unexpectedly in March, but permits for future construction rose to their highest level in 3 1/2 years, Commerce Department data showed on Tuesday.
The Apartment vacancy rate in the first quarter fell to its lowest level in more than a decade, and rents posted their biggest jump in four years, as Americans eschewed home ownership and renting retained its popularity, according to real estate research firm Reis Inc.
CMBS, Investment Transaction Volume Likely To Jump Sharply As Economy Gains Steam
Bidding wars, absent from most parts of the U.S. residential market since its peak in 2006, are erupting from Seattle and Silicon Valley to Miami and Washington, D.C.
Bank of America Merrill Lynch, which revised its home price forecast Thursday to say "prices are bottoming now."
From apartments to office buildings, CNBC goes into detail about why to remain bullish about REITS
Health Care, Energy Industries Helping Spur New Loan Demand
New multifamily housing construction at 20-Year Low
Sales of previously owned homes surged in January to the fastest pace since May 2010 in another sign that the housing market is slowly making some headway against its longest dip since the Great Depression.
For the fifth consecutive month, homebuilders are feeling upbeat about prospects for the market in single-family homes, offering another positive signal for the depressed housing industry.
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