Markets & Economy

Real estate market recap, June 15-19

The big news in real estate markets, recapped for your convenience

National Association of Home Builders/Wells Fargo Housing Market Index (HMI) shows: Builder confidence in the market in June hit its highest level since September 2014. The index registered a score of 59 in June, up five points from May. (A score over 50 indicates more builders view conditions as good than poor.) The component gauging current sales conditions leaped seven points to 65. The Canadian Real Estate Association posted national home sales activity for May 2015: National home sales rose 3.1 percent from April 2015 to May 2015. The MLS home price index rose 5.17 percent from May 2014 to May 2015. The national average sales price rose 8.1 percent year over year in May. WalletHub released its list of the best and worst cities for families: Best Cities for Families Worst Cities for Families 1 Overland Park, Kan. 141 Washington, D.C. 2 Plano, Texas 142 New Orleans, La. 3 Virginia Beach, Va. 143 Fort Lauderdale...