Home sales fell in July, but still managed to hover over last July's levels and reach new heights not seen since 2008, according to the RE/MAX July 2015 National Housing Report released Tuesday.

Single-family construction starts climbed higher for the month of July, while permits and completions dropped, according to new residential construction statistics for July 2015 jointly released by the U.S. Census Bureau and HUD.

First-time homebuyers in the market today are waiting longer periods of time to purchase a home and are less likely to be married compared to first-time buyers in the 1970s and 1980s, according to a Zillow analysis released Monday.

The Federal Housing Administration announced Monday a new method that will be used to evaluate the lending practices of FHA-approved lenders and better understand the type of borrowers they are serving.

According to the National Association of Home Builders/Wells Fargo Housing Market Index, builder sentiment in the market for newly built, single-family homes in August rose one point to a level of 61, the highest reading since November 2005.

Boston-based Eastern Bank, a full-service commercial bank recently announced the appointment of Steven L. Antonakes as SVP and chief compliance officer. He will report directly to Barbara Heinemann, EVP of Eastern Bank’s Enterprise Risk Management division.

LRES Corp., a national appraisal and REO management company offering property valuations, asset management, and technology solutions for mortgage bankers, lenders, servicers, credit unions, and private investors, recently announced the hiring of Nick Grant as its new SVP of sales.

HUD recently launched their HUD Resource Locator, a mobile app and website to further expand and enhance traditional HUD customer service among consumers.

Forecasters expect U.S. economic growth to slow down slightly over the next four years as unemployment remains steady.

Applications for new home purchases dropped 4 percent in July compared to the prior month, according to the Mortgage Bankers Association Builder Application Survey data for July 2015.