Sales in housing market has slowed down as higher interest rates affect the affordability levels. The result then was a fall in transaction volumes and decline in house-price growth. This, however, bode well for rental growth. Slower expansion in rental supply will further increase rents and ...
That amounts to 3.3 months' supply at the current monthly sales pace. In a more balanced market between buyers and sellers there is a 5- to 6-month supply. The housing market has been slowing as average long-term U.S. mortgage rates have more than doubled from a year ago, making hom...
Housing prices still haven’t recovered from their all-time high during the pandemic. From 2020 to now, the average sale price rose 27.5%,Rocket Mortgage reported. Home prices are still high but are starting to cool slightly. Home values are predicted to grow by 1.9% this year,Zillow found...
Domestic Housing Here at home, the housing situation has not been showing many signs of improvement, and I doubt we will see much in the housing related numbers due out this week. Note that the Construction sector is the weakest in terms of both surprises and estimate revisions. In Conclusion...
As sales of used electric vehicles begin to surge, companies are offering service contracts that promise to cover the cost of expensive EV repairs. About 25 percent of US car buyers sign up for a vehicle service contract, according to a study by the National Automobile Dealers Association. But...
CEO and co-founder ofHomeLister. "The housing market has been rising at an unsustainable rate over the last few years, and very high prices were already ripe for a correction or plateau, but thenrising interest ratescombined with inflation caused the current prices to be out of reach...
Department of Housing and Urban Development show hous- ing sales were down in July 26 percent from the same month in 2009. What To Expect From U.S. For eign Policy U.S. foreign policy can be best described as a work in progress, but it will soon be clearer whether the new ...
The NRF also estimates that the year-on-year increase in US inflation fell to 2.2% in December this year, mainly due to the slowing labor market and falling housing costs.The translation is provided by third-party software. The above content is for informational or educational purposes only ...
(LOW) should see sales and profits increase if a drop in residential mortgage rates releases pent-up demand and causes a housing boom. Right now could be a great time to buy either of those retailers. The same can be said for the $15 billion home building firm Toll Brothers Inc....
CPI report today: Home sales decline amid high housing costs, California wildfires, and frigid weather in other parts of U.S. BYThe Associated Press January 17, 2025 16 hours ago Finance-UnitedHealth Group UnitedHealth CEO calls out pharmaceutical companies for inflating prices in first earning...