Real Estate News
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The number of Americans signing contracts to buy previously owned homes fell in April by the most in a year, indicating the U.S. housing recovery remains uneven.
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Toll Brothers Inc., the largest U.S. luxury-home builder, is buying half of a Southern California subdivision approved for as many as 2,379 houses as demand for new single-family properties begins to recover.
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Homebuyer interest in purchasing a foreclosed property more than doubled in the past 2 1/2 years even as the U.S. available inventory shrinks, according to a Realtor.com survey.
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Bureaucratic obstacles are helping prop up Australia’s A$4.5 trillion ($4.4 trillion) housing market and neutralizing the biggest risk to the country’s mortgage bonds.