News

Home prices up 11 Pct in Minnesota in May

Minnesota home sales increased 11 percent in May, according to the Minnesota Association of Realtors.

Florida sees rise in home prices in 2012

New housing data showed that pending sales, closed sales and median prices rose in Florida, while the inventory of homes and condos for sale dropped in Florida's housing market in May, according to the Florida Realtors.

Canadian government tightened conditions for borrowers and lenders

The Canadian federal government announced plans to tighten rules on mortgage lending in a bid to curb rising household debt levels.