Los Angeles apartment owners sue over COVID rent freeze

The suit from the Apartment Association of Greater Los Angeles argues that the city's rent freeze rule robs property owners of income and due process.

Harvard: Immigrant communities will save American homeownership

As economic headwinds push native-born population and household formation growth down, Harvard researchers say immigrants hold the key to the housing market's future.

US economy avoids recession yet again — no thanks to real estate

With the gross domestic product eclipsing expectations in Q2, the U.S. appears to have avoided a long-predicted recession, even as the real estate industry remains mired in a deep contraction.

Pending home sales post first increase since February

Homes under contract inched up 0.3 percent between May and June to a measure of 76.8 on the Pending Home Sales Index, according to data released Thursday by the National Association of Realtors.