Investing

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.

U.S. housing permits up in May

U.S. housing starts dropped in May although permits to build new homes rose to the highest in well over three years.

China home prices down for 8th consecutive month

China's home prices dropped for the eighth consecutive month in May but the pace of decline slowed, triggering concerns over a short-term rebound in prices.