The Multifamily Production Index (MPI), released late last month by the National Association of Home Builders, held steady with a reading of 54 for the first quarter of 2015. That was the 13th consecutive quarter with a reading of 50 or above.

Bank of America says it has launched a new web-based tool to guide consumers to down-payment and closing-cost assistance programs available in their region. The Bank of America Down Payment Resource Center is powered by Down Payment Resource, develope

 Pending home sales rose in April for the fourth straight month and reached their highest level in nine years, according to the National Association of Realtors. Led by the Northeast and Midwest, all four major regions saw increases in April.

Sales of million-dollar-plus homes surged in the first three months of 2015, but the luxury market, defined as the priciest 5 percent of properties, grew at their slowest pace in three years, says a report issued by Redfin, a Seattle-based real estate bro

A major expansion project is under way at the FedEx Ground distribution center in Spokane Valley.

Central Valley School District started work in late April on a project to convert a former Yoke's Fresh Market building into new quarters for Barker High School and the Central Valley Early Learning Center.

Spokane Transit Authority says it will begin work by early winter on a $4.9 million upgrade of the STA Plaza at 701 W. Riverside downtown.