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Prashant Gopal

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Housing in U.S. seen boosted by millennials finally buying

BOSTON - A greater share of U.S. millennials say they’re likely to buy a home this year, adding to evidence that first-time buyers are...

Sales of vacation homes set a record as U.S. economy improves

BOSTON - Even before the remnants of eastern Massachusetts’ snowiest winter have melted, second-home buyers flocking to Cape Cod’s beach towns have helped Steve...
MILLENIALS MADE up 32 percent of the U.S. housing market in 2014, up from 28 percent two years earlier, and have pulled ahead of the older Generation X as the largest segment of buyers, according to the National Association of Realtors. / BLOOMBERG FILE PHOTO/DANIEL ACKER

Millennials shifting to homeownership as rents in U.S. soar

BOSTON - Americans in their 20s and early 30s are getting a nudge toward homeownership a decade after sales peaked during the housing bubble....

U.S. mortgage rates rise from 20-month low on strong jobs report

BOSTON - Mortgage rates in the U.S. jumped from a 20- month low as the job market gained momentum. The average rate for a 30-year...

Homeownership rate in the U.S. falls to lowest since 1994

BOSTON - The U.S. homeownership rate fell to the lowest in more than two decades in the fourth quarter as many would-be buyers stayed...

Serious mortgage delinquencies fall as job market improves

BOSTON – The share of U.S. mortgages that are seriously delinquent fell to the lowest in six years as the job market improved, allowing...

U.S. homeownership falls to 19-year low as affordability worsens

BOSTON – The homeownership rate in the U.S. fell to a 19-year low as rising prices and tight credit kept many first-time buyers out...

Mortgage rates fall for second week as home sales rebound

BOSTON – U.S. mortgage rates fell for a second week, lowering borrowing costs as the housing recovery gets a second wind. The average rate for...

House prices climb in fewer U.S. cities as recovery cools

BOSTON – Prices for single-family homes climbed in 74 percent of U.S. cities in the first quarter, fewer than a year earlier, as the...

U.S. homeownership rate declines to lowest since 1995

BOSTON – The homeownership rate in the U.S. declined to the lowest in almost 19 years as rising property prices and mortgage rates held...
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