"In July, the sale prices of commercial residential buildings in 70 large and medium-size cities saw a general fall in its month-on-month and year-on-year increase," said Sheng Guoqing, chief statistician of the urban department of NBS. China's property market has cooled following new gover...
LONDON (Reuters) - Average asking prices for newly listed homes in Britain had their biggest start-of-the-year increase since 2020 but uncertainty about the pace of interest rate cuts is hanging over the market, property website Rightmove said on Monday. The avera...
Home prices are expected to steadily increase beginning in 2024, according to a Zillow survey of economists.(iStock) Following a highly volatile housing market in 2022, some experts have said they believe home prices could fall through 2023 before seeing sustained growth in the following years. H...
Home Prices Up 9.3 Percent - Fastest Increase since 2006Jayakumar, Amrita
economy. Gas and home prices contributed to the increase. CBS News' Jo Ling Kent breaks down the figures. Mar 12, 2024 03:38 Here's how to negotiate a lower fee from your real estate agent It's worth politely asking your agent to lower their commission fee. More than half of ...
With many homeowners “locked in” at low interest rates or unwilling to sell due to high home prices, demand continues to outpace housing supply—and likely will for a while. “I don’t expect to see a meaningful increase in the supply of existing homes for sale until mortgage...
The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between...
Residential buildings stand at Yat Tung Estate in the Tung Chung district of Hong Kong, China, on March 5, 2020. (JUSTIN CHIN / BLOOMBERG) The Hong Kong Special Administrative Region’s home prices are expected to increase by 5 percent this year, buoyed by a low interest environment and th...
“Could we see 5% decline? Sure, but we could also see 5% increase. My forecast has prices declining 2% this year,” he said. Ad Feedback But home sales vaulted higher, marking the largest monthly percentage increase since July 2020, which itself was an anomaly of the pandemic as some ...
The fear was that house prices would collapse, as they reliably had done in past economic downturns. An increase in bankruptcies and unemployment would squeeze disposable incomes and make it difficult for highly indebted homeowners to keep up with their mortgages. Those fortunate enough to own sec...