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    Sean O'Keefe and his son Fionn, 16 months, bring flowers to a memorial on Yonge Street Tuesday, April 24, 2018, in Toronto, the day after a driver drove a van down sidewalks, striking and killing numerous pedestrians in his path.

    Toronto van attack suspect may have felt anger against women

    This June 19, 2017, file photo shows fingers on laptop keyboard in North Andover, Mass.

    Poll: Younger Americans less apt to use unique passwords

    Hiral Tipirneni, Democratic candidate in the special election in Arizona's 8th Congressional District, greets supporters after polls closed in her run against Republican Debbie Lesko, Tuesday, April 24, 2018, in Glendale, Ariz. Lesko won the election.

    GOP unsettled by narrow win in US House race in Arizona

    In this Jan. 21, 2018, file photo, demonstrators rally in support of Deferred Action for Childhood Arrivals (DACA) outside the Capitol Washington.

    Judge deals big setback to Trump on ‘Dreamers’ program

    Jennifer Parrott, a certified nurse practitioner, left, talks with a doctor about a patient at the Oklahoma Health Sciences Emergency Department, in Oklahoma City, in Oklahoma City, Friday, May 13, 2016.

    State names nine Medicaid health plans but challenges loom

    In this courtroom sketch, Duty counsel Georgia Koulis, from left, Alek Minassian, Justice of the Peace Stephen Waisberg, and Crown prosecutor Joe Callaghan appear in court in Toronto on Tuesday, April 24, 2018.

    Toronto van attack suspect was student, ex-military recruit

    Trending Tags

    • Politics
      CIA director Mike Pompeo and his wife Susan Pompeo arrive for a State Dinner with French President Emmanuel Macron and President Donald Trump at the White House, Tuesday, April 24, 2018, in Washington.

      Lax vetting on Trump nominees begins to frustrate senators

      In this April 23, 2018, photo, people wait in line outside the Supreme Court in Washington, to be in the gallery when the court hears arguments in on April 25, over President Donald Trump’s ban on travelers from several mostly Muslim countries.

      Trump travel ban is focus of Supreme Court’s last arguments

      Hiral Tipirneni, Democratic candidate in the special election in Arizona's 8th Congressional District, greets supporters after polls closed in her run against Republican Debbie Lesko, Tuesday, April 24, 2018, in Glendale, Ariz. Lesko won the election.

      GOP unsettled by narrow win in US House race in Arizona

    • Business
      In this Jan. 2, 2018, file photo, a trader works at the New York Stock Exchange.

      Stocks sink again as materials costs and interest rates rise

      FILE- This April 5, 2018, file photo shows the facade of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, April 25.

      Sell-off in industrial, tech stocks sends Dow down 400

      In this March 29, 2018, file photo, the logo for Facebook appears on screens at the Nasdaq MarketSite in New York's Times Square.

      For the first time, Facebook spells out what it forbids

    • Food
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      Fns watch the Cleveland Indians against the Chicago Cubs game from Cleveland,on the scoreboard at PNC Park in Pittsburgh, during a rain delay before a scheduled baseball game between the Pittsburgh Pirates and the Detroit Tigers in Pittsburgh, Tuesday, April, 24, 2018.

      LEADING OFF: Acuna called up, Beltre strain, Cobb sees Rays

      In this Wednesday, March 1, 2017 photo, Brewvino Owner and Manager Jordan Chronister talks about renovations that will be made following Brewvino, LLC.'s acquisition of Grandview Golf Club, in York, Pa.

      Black woman golfer: It was like we had targets on our backs

      LEADING OFF: Ohtani faces champs; Cubs-Indians rematch

      LEADING OFF: Ohtani faces champs; Cubs-Indians rematch

      Miami Marlins starting pitcher Jarlin Garcia throws to the plate during the first inning of a baseball game against the Los Angeles Dodgers Monday, April 23, 2018, in Los Angeles.

      Buehler! Top prospect shines in Dodgers’ 2-1 win over Miami

      Toronto Maple Leafs centre Tyler Bozak (42) and goaltender Frederik Andersen (31) celebrate their win over the Boston Bruins in NHL round one playoff hockey action in Toronto on Monday, April 23, 2018.

      Andersen helps Maple Leafs beat Bruins 3-1 to force Game 7

      In this undated file photo, New York Yankees' Babe Ruth hits a home-run.

      A tale of 2 bats, and Babe Ruth’s 60th home run in 1927

    • Entertainment
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      ‘A Star is Born’ steals show in starry Warner Bros. slate

      ‘A Star is Born’ steals show in starry Warner Bros. slate

      In this Feb. 18, 1985 file photo, Prince performs at the Forum in Inglewood, Calif.

      Prince heirs sue Illinois hospital over care during overdose

      In this April 2018 photo provided by the Museum of Contemporary Art Chicago, Qatari-American artist Sophia Al-Maria poses for a portrait in Glasgow, Scotland, Britain.

      Qatari-American contemporary artist wins new $100,000 prize

      Town Crier Tony Appleton announces that the Duchess of Cambridge has given birth to a baby boy outside the Lindo wing at St Mary's Hospital in London London, Monday, April 23, 2018.

      Royal baby: It’s a boy for Kate on England’s national day

      In this June 11, 2008 file photo, actor Verne Troyer poses on the press line at the premiere of the feature film "The Love Guru" in Los Angeles

      Verne Troyer, Mini-Me from ‘Austin Powers’ films, has died

      In this December 2017 file photo, singer Taylor Swift performs at Z100's iHeartRadio Jingle Ball at Madison Square Garden on in New York.

      Police: Stalker broke into Taylor Swift’s NYC home, took nap

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      Jennifer Parrott, a certified nurse practitioner, left, talks with a doctor about a patient at the Oklahoma Health Sciences Emergency Department, in Oklahoma City, in Oklahoma City, Friday, May 13, 2016.

      State names nine Medicaid health plans but challenges loom

      In this March 7, 2017, file photo, the CEO of a methadone clinic holds a 35 mg liquid dose of methadone in Rossville, Ga.

      Opioid treatment gap in Medicare: methadone clinics

      This Dec. 17, 1997, file photo, lettuce is harvested at a farm in Wellton, Ariz., east of Yuma.

      CDC expands romaine lettuce warning after E. coli cases rise

    • Tech
      This June 19, 2017, file photo shows fingers on laptop keyboard in North Andover, Mass.

      Poll: Younger Americans less apt to use unique passwords

      In this March 29, 2018, file photo, the logo for Facebook appears on screens at the Nasdaq MarketSite in New York's Times Square.

      For the first time, Facebook spells out what it forbids

      In this May 9, 2017, file photo, a package from Amazon Prime is loaded for delivery in New York.

      Get Into My Car … Amazon begins delivery to vehicles

      In this April 19, 2018, photo, workers remove the veil from the Infiniti electric concept sedan at a showroom ahead of the Auto China 2018 to be held in Beijing, China.

      China auto show highlights industry’s electric ambitions

      In this May 16, 2012, file photo, the Facebook logo is displayed on an iPad in Philadelphia.

      Facebook adds privacy settings to comply with European rules

      This Oct. 15, 2014 photo made available by The Reykjavík Metropolitan Police shows Sindri Thor Stefansson.

      Iceland: Bitcoin heist suspect has likely fled to Sweden

    • Obituaries
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    Naples Herald
    • HOME
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      Sean O'Keefe and his son Fionn, 16 months, bring flowers to a memorial on Yonge Street Tuesday, April 24, 2018, in Toronto, the day after a driver drove a van down sidewalks, striking and killing numerous pedestrians in his path.

      Toronto van attack suspect may have felt anger against women

      This June 19, 2017, file photo shows fingers on laptop keyboard in North Andover, Mass.

      Poll: Younger Americans less apt to use unique passwords

      Hiral Tipirneni, Democratic candidate in the special election in Arizona's 8th Congressional District, greets supporters after polls closed in her run against Republican Debbie Lesko, Tuesday, April 24, 2018, in Glendale, Ariz. Lesko won the election.

      GOP unsettled by narrow win in US House race in Arizona

      In this Jan. 21, 2018, file photo, demonstrators rally in support of Deferred Action for Childhood Arrivals (DACA) outside the Capitol Washington.

      Judge deals big setback to Trump on ‘Dreamers’ program

      Jennifer Parrott, a certified nurse practitioner, left, talks with a doctor about a patient at the Oklahoma Health Sciences Emergency Department, in Oklahoma City, in Oklahoma City, Friday, May 13, 2016.

      State names nine Medicaid health plans but challenges loom

      In this courtroom sketch, Duty counsel Georgia Koulis, from left, Alek Minassian, Justice of the Peace Stephen Waisberg, and Crown prosecutor Joe Callaghan appear in court in Toronto on Tuesday, April 24, 2018.

      Toronto van attack suspect was student, ex-military recruit

      Trending Tags

      • Politics
        CIA director Mike Pompeo and his wife Susan Pompeo arrive for a State Dinner with French President Emmanuel Macron and President Donald Trump at the White House, Tuesday, April 24, 2018, in Washington.

        Lax vetting on Trump nominees begins to frustrate senators

        In this April 23, 2018, photo, people wait in line outside the Supreme Court in Washington, to be in the gallery when the court hears arguments in on April 25, over President Donald Trump’s ban on travelers from several mostly Muslim countries.

        Trump travel ban is focus of Supreme Court’s last arguments

        Hiral Tipirneni, Democratic candidate in the special election in Arizona's 8th Congressional District, greets supporters after polls closed in her run against Republican Debbie Lesko, Tuesday, April 24, 2018, in Glendale, Ariz. Lesko won the election.

        GOP unsettled by narrow win in US House race in Arizona

      • Business
        In this Jan. 2, 2018, file photo, a trader works at the New York Stock Exchange.

        Stocks sink again as materials costs and interest rates rise

        FILE- This April 5, 2018, file photo shows the facade of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, April 25.

        Sell-off in industrial, tech stocks sends Dow down 400

        In this March 29, 2018, file photo, the logo for Facebook appears on screens at the Nasdaq MarketSite in New York's Times Square.

        For the first time, Facebook spells out what it forbids

      • Food
      • Sports
        • All
        • Baseball
        • Basketball
        • Boxing
        • Football
        • Golf
        • Hockey
        Fns watch the Cleveland Indians against the Chicago Cubs game from Cleveland,on the scoreboard at PNC Park in Pittsburgh, during a rain delay before a scheduled baseball game between the Pittsburgh Pirates and the Detroit Tigers in Pittsburgh, Tuesday, April, 24, 2018.

        LEADING OFF: Acuna called up, Beltre strain, Cobb sees Rays

        In this Wednesday, March 1, 2017 photo, Brewvino Owner and Manager Jordan Chronister talks about renovations that will be made following Brewvino, LLC.'s acquisition of Grandview Golf Club, in York, Pa.

        Black woman golfer: It was like we had targets on our backs

        LEADING OFF: Ohtani faces champs; Cubs-Indians rematch

        LEADING OFF: Ohtani faces champs; Cubs-Indians rematch

        Miami Marlins starting pitcher Jarlin Garcia throws to the plate during the first inning of a baseball game against the Los Angeles Dodgers Monday, April 23, 2018, in Los Angeles.

        Buehler! Top prospect shines in Dodgers’ 2-1 win over Miami

        Toronto Maple Leafs centre Tyler Bozak (42) and goaltender Frederik Andersen (31) celebrate their win over the Boston Bruins in NHL round one playoff hockey action in Toronto on Monday, April 23, 2018.

        Andersen helps Maple Leafs beat Bruins 3-1 to force Game 7

        In this undated file photo, New York Yankees' Babe Ruth hits a home-run.

        A tale of 2 bats, and Babe Ruth’s 60th home run in 1927

      • Entertainment
        • All
        • Celebrity
        • Movies
        • Music
        • TV
        ‘A Star is Born’ steals show in starry Warner Bros. slate

        ‘A Star is Born’ steals show in starry Warner Bros. slate

        In this Feb. 18, 1985 file photo, Prince performs at the Forum in Inglewood, Calif.

        Prince heirs sue Illinois hospital over care during overdose

        In this April 2018 photo provided by the Museum of Contemporary Art Chicago, Qatari-American artist Sophia Al-Maria poses for a portrait in Glasgow, Scotland, Britain.

        Qatari-American contemporary artist wins new $100,000 prize

        Town Crier Tony Appleton announces that the Duchess of Cambridge has given birth to a baby boy outside the Lindo wing at St Mary's Hospital in London London, Monday, April 23, 2018.

        Royal baby: It’s a boy for Kate on England’s national day

        In this June 11, 2008 file photo, actor Verne Troyer poses on the press line at the premiere of the feature film "The Love Guru" in Los Angeles

        Verne Troyer, Mini-Me from ‘Austin Powers’ films, has died

        In this December 2017 file photo, singer Taylor Swift performs at Z100's iHeartRadio Jingle Ball at Madison Square Garden on in New York.

        Police: Stalker broke into Taylor Swift’s NYC home, took nap

      • Lifestyle
        • All
        • Arts
        • Culture
        • Fashion
        • Food & Drink
        • Health
        • Nightlife
        • Real Estate
        • Shopping
        Jennifer Parrott, a certified nurse practitioner, left, talks with a doctor about a patient at the Oklahoma Health Sciences Emergency Department, in Oklahoma City, in Oklahoma City, Friday, May 13, 2016.

        State names nine Medicaid health plans but challenges loom

        In this March 7, 2017, file photo, the CEO of a methadone clinic holds a 35 mg liquid dose of methadone in Rossville, Ga.

        Opioid treatment gap in Medicare: methadone clinics

        This Dec. 17, 1997, file photo, lettuce is harvested at a farm in Wellton, Ariz., east of Yuma.

        CDC expands romaine lettuce warning after E. coli cases rise

      • Tech
        This June 19, 2017, file photo shows fingers on laptop keyboard in North Andover, Mass.

        Poll: Younger Americans less apt to use unique passwords

        In this March 29, 2018, file photo, the logo for Facebook appears on screens at the Nasdaq MarketSite in New York's Times Square.

        For the first time, Facebook spells out what it forbids

        In this May 9, 2017, file photo, a package from Amazon Prime is loaded for delivery in New York.

        Get Into My Car … Amazon begins delivery to vehicles

        In this April 19, 2018, photo, workers remove the veil from the Infiniti electric concept sedan at a showroom ahead of the Auto China 2018 to be held in Beijing, China.

        China auto show highlights industry’s electric ambitions

        In this May 16, 2012, file photo, the Facebook logo is displayed on an iPad in Philadelphia.

        Facebook adds privacy settings to comply with European rules

        This Oct. 15, 2014 photo made available by The Reykjavík Metropolitan Police shows Sindri Thor Stefansson.

        Iceland: Bitcoin heist suspect has likely fled to Sweden

      • Obituaries
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      Home sales up in May, but buyers face sharply rising prices

      by Associated Press
      June 21, 2017
      in Business News, Real Estate
      0
      In this Tuesday, May 16, 2017, photo, a sign advertises an existing home for sale in Roswell, Ga.

      In this Tuesday, May 16, 2017, photo, a sign advertises an existing home for sale in Roswell, Ga. (AP Photo/John Bazemore)

      AP LogoBY JOSH BOAK

      WASHINGTON (AP) — Americans shopping for a house are facing an intensifying set of pressures: Fewer and fewer homes are being listed for sale, while prices are climbing at a pace that most incomes can’t possibly match.

      The May sales report released Wednesday by the National Association of Realtors shows a housing market unable to meet the demand from would-be buyers. Sales edged up 1.1 percent in May to a seasonally adjusted annual rate of 5.62 million, a decent gain amid a relatively stable job market with a robust 4.3 percent unemployment rate.

      But many possible buyers are finding their ambitions thwarted because there aren’t enough homes for sale. Sales listings have plummeted 8.4 percent over the past 12 months to 1.96 million. On an annual basis, the number of homes for sale has declined for the past 24 months. Homes are staying on the market for a median of just 27 days, the briefest period since the Realtors began tracking the measure in 2011.

      The lack of homes on the market has caused prices to rise are more than double the pace of wages. The median sales price has risen 5.8 percent from a year ago to $252,800.

      Lawrence Yun, the Realtors’ chief economist, said that the term “shortage” understated the problem in many metro areas.

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      Luxury home sales carrying housing market

      1 month ago
      In this Monday, Feb. 26, 2018, photo, a sold sign is displayed in front of a new development in Woodcliff Lake, N.J. On Tuesday, Feb. 27, the Standard & Poor's/Case-Shiller 20-city home price index for December is released.

      Luxury sales carrying real estate market

      2 months ago

      “We may even use the term ‘housing crisis’ in some markets,” he said.

      The fastest-moving markets with rising prices and limited supplies include San Francisco and San Jose, California, Seattle and parts of Utah, Yun said.

      Home sales rose in May in the Northeast, South and West but fell in the Midwest.


      Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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      Tags: home salesNational Association of RealtorsResidential real estate
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