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At the fastest pace this year, home building surged in April. Housing starts rose 13.2% this April to a seasonally adjusted annual rate of 1.07 million, up from 947,000 in March and overachieving economists’ forecasts. April’s gains were mostly due to multi-family construction, where starts rose almost 40% from March. Starts improved in every region

Median prices continue to show strong year-over-year growth but in November existing-home sales took a tumble. A seasonally adjusted annual rate of 5.12 million for October fell to 4.90 million in November. This is the first time in 29 months that sales were below year-ago levels. National Association of Realtors chief economist, Laurence Yun dissects

Every month the National Association of Realtors generates a Monthly Housing Summary. The August 2013 real estate data shows that inventory recovery is broad and expanding while the net amount of listings saw a gain despite the close of the summer season. The national median list price didn’t change from the previous month but price

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