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Average New York City rent up $150 since 2008

New York City tenants are paying more for rent than they did before the recession began in 2008, according to a report by the Community Service Society, an advocacy group for low-income New Yorkers.

U.S. builders create more single-family homes

U.S. builders started work on more single-family homes in May and requested the most permits to build homes and apartments since 2009.

Real estate is recovering: BMO Capital Markets

Even though there's been a drop in U.S. housing prices, the real estate market is still recovering, according to BMO Capital Markets Economics, a financial services company.
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