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New home sales in US hit five-year high in June

Last Updated: Thursday, July 25, 2013, 10:00

Sales increased 8.3 percent from May to a seasonally adjusted annual rate of 497,000 units, the highest since May 2008, Xinhua reported.

Indians among top five countries buying properties in the US

Last Updated: Wednesday, June 26, 2013, 08:50

The five markets of greatest interest to potential Indian buyers are Los Angeles, Orlando, Chicago, Dallas, and Houston.

US housing market continues to improve

Last Updated: Friday, June 07, 2013, 14:16

It was more than three times when it was in June 2012, noted NAHB Chief Economist David Crowe.

US fixed mortgage rates hit one-year high

Last Updated: Friday, May 31, 2013, 12:47

The US mortgage giant said Thursday the 30-year fixed-rate mortgage (FRM) rose to 3.81 percent.

Superstorm challenges US housing market recovery

Last Updated: Wednesday, October 31, 2012, 13:27

The tropical gale battered houses in US eastern coastal states, accounting for about one fifth of the country's real estate sales.

US is the number one property investment pick for 2012

Last Updated: Sunday, January 01, 2012, 23:40

The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday.