Real Estate

Housing construction rose substantially last month across the country, making up for some of the slowdown that happened earlier in the year. Housing starts were up 20.2 percent in April compared with March, to a seasonally adjusted annual rate of 1.135 million units, the U.S. Department of Commerce announced Tuesday. …

April was a strong month for single-family home sales in Southern California. More than 21,700 new and existing homes were sold in the region during that time, up nearly 10 percent from the previous month and an 8.5 percent increase compared with April 2014, according to CoreLogic in Irvine. That …

U.S. home builders are apparently a little less optimistic this month about the U.S. housing market. Builder confidence in the prospective sale of new, single-family homes fell to 54, down two points month-over-month but up nine compared with May 2014, according to the National Association of Home Builders/Wells Fargo Housing …

The U.S. housing market is a lot like California’s housing market. One day after the California Association of Realtors announced that single-family homes statewide were a little more affordable during the first quarter, the National Association of Home Builders released data saying the same thing about the country as a …

Buying a home in California got a little easier during the first quarter of this year. The percentage of home buyers who could afford a median-priced, single-family home in the state rose to 34 percent during the first three months of 2015, up from 31 percent during fourth quarter of …

A commercial strip in Temecula might be turned into a residential thoroughfare. The 560-acre Jefferson Avenue Corridor, now populated mostly with strip malls and office parks, could be rezoned so that more than 3,700 new apartments and condominiums would be built there, according to a report in The Press-Enterprise. The …