Existing home sales rebound slightly, but gains are muted

After three months of decline, existing home sales picked up in September compared to the month before, but annual gains were muted due to low inventories and recent hurricane disasters,

Housing affordability improved in the second quarter

Housing affordability is being propped up by rising incomes and low mortgage rates, according to the latest edition of the National Association of Home Builders/Wells Fargo Housing Opportunity Index.

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