Because of this, Taiwan’s rental market is quite small, around 8% of around nine million households. The Taiwanese economy slowing, and exports falling Taiwan’s economy grew by 2.32% in Q3 2023 from a year earlier, following a year-on-year expansion of 1.41% in Q2 2023 and contractions...
Falling Housing Market is Not Bad NewsMichael Mandel
Chile’s housing market is slowing rapidly, as the coronavirus pandemic shatters its economy. The average price of new apartments in Greater Santiago rose by a minuscule 0.55% during the year to Q3 2020, sharply down from the previous year’s 5.81% growth. In fact the last two quarters are...
Home prices are overheated, mortgage rates are rising, the supply of homes for sale is anemic and consumer confidence in the housing market is falling. Pandemic-related mortgage bailouts are set to expire this summer. A year ago, home sales ground to a halt. No one wanted to buy or sell ...
NAR chief economist Lawrence Yun said there will be negative consequences if Congress fails to enact a new stimulus including the housing market. "Falling home prices would lead to faster contraction in consumer spending and further deterioration in bank balance sheets (资产负债表)," he said. ...
like this newspaper, who want popular support for free markets to endure should hope that such movements succeed. Far from shoring up capitalism, housing policies have made the system unsafe, inefficient and unfair. Time to tear down this rotten edifice and build a new housing market that works...
Higher interest rates usually result in falling house prices, as the higher mortgage interest rate increases the monthly payment. Consider a $250,000 house purchased with a 20% downpayment. When the 30-year fixed mortgage rate is 3%, as it was in 2021, the monthly payment is about $850....
Local Housing Market Shows Some Life, but Prices Still Falling; First-Quarter Home Sales Jumped 15 Percent, Study SaysDina ElBoghdady
If stocks roar back this spring, capital inflows could steal from the bond market, pushing up long-term interest rates. Or Alan Greenspan and the Fed could do the same to short-term rates, as a way to hit the brakes on a recovery that is heating up too fast. In other words, if ...
NEW YORK (ICIS)–There’s “something strange in the neighbourhood”, UBS analysts channelling the 1984 Ghostbusters movie pointed out in a recent global macro strategy update. Surprising strength in the US housing market is being highlighted as one of its...