Housing
Pending home sales in April slump to lowest level since the start of the pandemic
A “sale pending” sign is posted in front of a home for sale in San Anselmo, California, on Nov. 30, 2023. Justin Sullivan | Getty Images News | Getty Images Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the National Association of […]
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37% of People in america paid out a late payment in the previous 12 months, report finds
Important Factors About 37% of Americans have been charged a late charge on some kind of bill in the final 12 months, in accordance to a new report by NerdWallet. “Late fees are just just one consequence of generating late payments,” explained Sara Rathner, a journey and credit score playing cards qualified at NerdWallet. Source
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Sales of newly built homes tank in April, as prices and interest rates rise
A pile of lumber at a home under construction at the Cold Spring Barbera Homes subdivision in Loudonville, New York, US, on Wednesday Nov. 8, 2023. Angus Mordant | Bloomberg | Getty Images Sales of newly built homes dropped 4.7% in April compared with March, and fell a larger 7.7% from the prior year, the […]
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Home sales slipped unexpectedly in April, despite big gains in supply
Sales of previously owned homes fell 1.9% in April from March to 4.14 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. The forecast had been for a slight gain. Sales were also down from April 2023, off 1.9% from last year. These sales are based on closings, so […]
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Here’s where rents are rising — and where they’re falling
Driven by the new work-from-home dynamic as well as by new migration patterns, rent prices were red-hot during the first years of the pandemic for both single-family and multifamily homes. Now different drivers are pushing some rents higher — and throwing cold water on others. Multifamily rents in April were 0.8% lower than they were […]
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Heavy rains set off flash floods in northern Afghanistan, killing at least 84 people
Remainings of houses damaged by the flood are pictured in Firozkoh the capital city of Ghor Province, Afghanistan, May 18, 2024. REUTERS/Stringer Stringer | Reuters More heavy rains in Afghanistan have triggered flash floods, raising the death toll to 84 in the country’s north following weeks of devastating torrents that had already left hundreds dead […]
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Australia’s spending budget is expected to focus on housing disaster as prices retain climbing
An aerial photograph of residences and residences on shoreline in North Bondi, Sydney, Australia. Current reports suggest that Australian dwelling price ranges are set to keep on their upward development, driven by raising migration costs and a lack of housing provide. Andrew Merry | Second | Getty Photos Australia options to tackle its climbing property […]
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This is how substantially it costs to lease a 1-bed room apartment across 10 big towns in Asia
This is the median cost to hire a 1-bedroom throughout 10 towns in Asia. Fraser Hall | The Graphic Lender | Getty Photographs Leasing a position is a large monetary selection, specifically when picking to dwell in a main city in which selling price tags are especially hefty. The common rule of thumb is to […]
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Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
A Redfin sign in front of a home for sale in Atlanta, Georgia, on Sunday, Nov. 13, 2022. Elijah Nouvelage | Bloomberg | Getty Images Strong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again. Home prices in February jumped 6.4% year over year, another […]
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Luxury real estate prices just hit an all-time record
Real estate is increasingly a tale of two markets — a luxury sector that’s booming, and the rest of the market that continues to struggle with higher rates and low inventory. Overall real estate sales fell 4% nationwide in the first quarter, according to Redfin. Yet luxury real estate sales increased more than 2%, posting […]
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