The global economy will come “perilously close” to a recession this year, led by weaker growth in all the world’s top economies — the United States, Europe and China — the World Bank warned Tuesday. In an annual report, the World Bank, which lends money to poorer countries for development projects, said it had slashed its forecast for global growth this year by nearly half, to just 1.7%, from its previous projection of 3%. If that forecast proves accurate, it would be the third-weakest annual...

(Photo: LM Otero, AP) WASHINGTON (AP) — U.S. home prices rose at their slowest pace in more than six years in January, as higher mortgage rates last year weighed on sales. The S&P CoreLogic Case-Shiller 20-city home price index increased 3.6 percent in January from a year earlier. That's down from a 4.1 percent pace the previous month. The slowdown in price appreciation has helped make homes more affordable. Mortgage rates have also fallen since January. Cheaper homes and lower rates appear...

Everyone has a favorite HGTV show, but Fox News reports real estate professionals actually want people to stop watching the hit channel, and here’s why. Buzz60's Maria Mercedes Galuppo has more. Buzz60 WASHINGTON — U.S. home prices rose in April from a year earlier, lifted by bidding wars in many cities where would-be buyers fought over a sparse supply of homes. The S&P CoreLogic Case-Shiller 20-city home price index moved up 6.6 percent from a year earlier, led by outsize gains in Seattle,...

According to Realtor.com, swapping out wall-to-wall carpet for hardwood floors can make your home much more attractive to buyers, because they are durable, easy to clean, and look great. Time WASHINGTON — U.S. home prices rose at the fastest 12-month pace in more than three years in 2017, as potential home buyers fought over a limited number of available properties. Standard & Poor's said Tuesday that its S&P CoreLogic Case-Shiller national home price index jumped 6.3% in 2017, the most since...

Owning a home is a pipe dream for many. And here is why it is on the decline. USA TODAY WASHINGTON — U.S. sales of existing homes fell in January from a year earlier by the most in more than three years. Would-be buyers were stymied by rising prices and a shortage of homes for sale. The National Association of Realtors said Wednesday that sales dropped 3.2% from December to January, the second straight monthly decline, to a seasonally adjusted annual rate of 5.38 million. That was the slowest...