Housing
Vonovia falls 5% after its major ever reduction shines gentle on Germany's house disaster
Development personnel are viewed at a new condominium constructing undertaking in Huerth, western Germany, on April 5, 2023. Ina Fassbender | Afp | Getty Photographs Shares of German home big Vonovia fell as considerably as 7% on Friday, shining a mild on a deepening actual estate disaster in Europe’s most significant overall economy. The share […]
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Hong Kong property shares soar right after city scraps cooling steps
An urban see of substantial-rise structures at dusk as seen from Hong Kong’s Victoria Peak. Nurphoto | Nurphoto | Getty Photos Shares of Hong Kong developers rose immediately after Economical Secretary Paul Chan scrapped property cooling actions in a bid to bolster the sector, which has been weighed down by significant borrowing prices and weak […]
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The hottest housing markets for the super rich in 2024
The Port of Fontvieille Harbor in the Principality of Monaco. Education Images | Universal Images Group | Getty Images The ultrawealthy are looking for a better lifestyle and strong investment when it comes to buying their next home, according to a new study. One-quarter of American ultra-high-net individuals, or those worth $30 million or more, […]
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Here are this year's most competitive rental markets
Apartments are seen undergoing construction on February 28, 2023 in Austin, Texas. Brandon Bell | Getty Images The apartment market is finally loosening up. At the same time, competition is heating up in some key markets. There is an enormous supply of new apartments coming online this year. And rents have fallen for six straight […]
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Germany’s housebuilding sector is in a ɼonfidence disaster' as the financial system struggles
A building web-site with new residences in recently created apartment properties. Patrick Pleul | Photo Alliance | Getty Photographs Germany’s housebuilding sector has absent from lousy to worse in modern months. Economic details is portray a concerning image, and field leaders look uneasy. “The housebuilding sector is, I would say, a minimal little bit in […]
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Existing home sales rose 3% to start the year, but higher mortgage rates are already hurting
A real estate agent walks into a home for sale in Lancaster, Ohio. Ty Wright | Bloomberg | Getty Images Sales of previously owned homes rose 3.1% in January to 4 million units on a seasonally adjusted annualized basis, according to the National Association of Realtors. Sales were down 1.7% year over year. The count […]
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Mortgage rates shoot to 2-month high after new report shows inflation is still hot
A “For Sale” sign outside a house in Albany, California, on May 31, 2022. David Paul Morris | Bloomberg | Getty Images Mortgage rates shot higher Friday after a monthly government report on wholesale prices showed inflation is still persistent and hotter than most analysts had expected. The average rate on the 30-year fixed mortgage […]
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Mortgage rates jump back over 7% as stronger economic data rolls in
This photo taken on Aug. 22, 2023 shows an advertisement in front of a real estate for sales in Millbrae, California, the United States. The sales of previously owned homes in the United States dropped 2.2 percent in July from June to a seasonally adjusted, annualized rate of 4.07 million units, the National Association of […]
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Court docket blocks Florida law barring Chinese citizens from possessing assets
A “For Sale” signal sits in entrance of a new dwelling Might 27, 2004 in Miami, Florida. Joe Raedle | Getty Photographs A U.S. appeals court has blocked Florida from imposing a ban on Chinese citizens owning households or land in the state towards two Chinese nationals who ended up in the process of purchasing […]
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Home prices began to cool in November after nine straight months of gains, S&P Case-Shiller says
A sign stands outside an upscale home for sale in the Lake Pointe Subdivision of Austin, Texas. Ed Lallo | Bloomberg | Getty Images Home prices in November fell 0.2% from October, according to the S&P CoreLogic Case-Shiller national home price index. While that may not seem like a lot, it is the first monthly […]
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