Sutton West Coast Realty

Residential real estate prices dropped in February by the most in more than a year, a sign the U.S. housing market is struggling to stabilize.

The S&P/Case-Shiller index of property values in 20 cities fell 3.3 percent from February 2010, the biggest year-over-year decrease since November 2009, the group said today in New York. The decline matched the median forecast in a Bloomberg N ...

The share of renters who spend more than half their income on housing is at its highest level in half a century and it’s no longer just low-income tenants who are feeling the pain, according to a Harvard University study scheduled for release Tuesday.

About 26 percent of renters — or 10.1 million people — spent more than half their pre-tax household income on rent and utilities in 200 ...

BC Hydro has managed to sell almost its entire inventory of homes on the Tsawwassen right-of-way.

As of this week, the Crown corporation has sold 102 of the 104 houses that first hit the market in September of 2009.

Marketing the properties as Tsawwassen Heights, BC Hydro anticipated it would take three years to sell all the homes, although it has taken less than two.

The Crown cor ...

Sales of previously owned U.S. homes rose more than expected in March, a trade group said on Wednesday, suggesting the housing market's downward trend may be close to hitting a bottom.

The National Association of Realtors said sales rose 3.7 per cent month over month to an annual rate of 5.10 million units after an upwardly revised 4.92 million unit pace in February.

Economists ...