Real Estate News: Housing Shows Signs of Life

Tertia Bartow
House of the Day: This waterfront retreat on seven acres in Sitka, Alaska, includes a remodeled main house and newly constructed guest quarters on a private island.

Here is a look at real-estate news in Thursday’s WSJ:

Housing Shows Signs of Life: The U.S. housing market, a notable soft spot in the nation’s weak economy for the past four years, is becoming less of a drag on the recovery.

Economic Uplift May Be Drag on Housing: A firmer economy doesn’t immediately translate into a more robust housing market. It could actually prove an impediment.

In China, Beijing Holds the Key to Property Rise: There are green shoots in China’s property sector. But the policy flamethrower could easily turn them back to scorched earth.

Small Wisconsin Community Becomes a Real Boom Town:  A strange, unexplained geological phenomenon in Clintonville, Wisc., is causing a stir with locals — and, for the first time, national media.

New York:

Time for a Swim at Sheffield, at Long Last: The belated opening of a rooftop pool signals progress at the luxury apartment building, after years of investor infighting.