In May, sales of new homes rose surprising economists who had been forecasting that housing would slow down because of rising mortgage rates.

Treasury prices fell slightly Monday after strong new home sales numbers supported expectations. The price of the Treasury's 10-year note was down 1/32 point, or 31.25 cents per $1,000 in face value, around midday Monday, while its yield was unchanged from late Friday at 5.23 percent.

Panama belongs to the list of nearby nations seeking buyers in South Florida for its real estate.

The real estate markets in Asia are ready for another busy year and Japanese fund-manager Yoshiaki Murakami has been indicted for breaking share trading laws.

According to a new research report the office and industrial condo markets in Orlando are now growing rapidly.

One niche continues to sell briskly -- multimillion-dollar homes despite growing indications of a cooling housing market.