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U.S. Home Sales Surprise Fall in August
US home sales fell in August despite easing mortgage rates, more homes on the market
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market
U.S. Home Sales Surprise Fall in August Despite Easing Mortgage Rates
Sales decreased 2.5% month on month to a 3.86 million according to a report from the National Association of Realtors
U.S. Home Sales Slipped in August Despite Falling Mortgage Rates
Sales of previously owned homes fell 2.5% from the prior month, as a recent drop in mortgage rates failed to offset home prices that remain near record highs.
Mortgage rates fall again, but home sales still lag
Mortgage rates fell again this week with the benchmark 30-year note marching closer to 6%, but the market remains stalled as potential buyers and sellers wait for steeper declines.
Home Sales Fell In August Despite Lower Mortgage Rates, More Inventory
Key Takeaways Home sales fell 2.5% in August from July, and remained near historically low levels.Falling mortgage rates and increasing numbers of homes for sale have yet to break the housing market free from gridlock.
6d
on MSN
Monmouth County home price summer slump deepened in August after July dip
The dip in Monmouth County home price listings that started in July continued into August 2024, new figures indicate.
9d
China property shares plunge after removal from Stock Connect
Meanwhile, Alibaba Group Holding shares rose as much as 5.2 per cent in Hong Kong before closing up 4.2 per cent after it was ...
14d
on MSN
PwC to track workers’ locations in crackdown on office attendance
PwC is to keep track of its employees’ locations as part of a crackdown on office attendance. Partners and staff have been ...
13d
New Zealand Housing Construction Slump Highlights Recession Risk
New Zealand residential construction slid to a four-year low last quarter, in a further sign the economy may have tipped into ...
8d
Stocks Get Tech Boost Despite ‘Big Bank Gloom’: Markets Wrap
A rally in the world’s biggest technology companies lifted stocks, countering a slew of cautious comments from American bank ...
8d
Putin threatens to cut off West’s nuclear industry from Russian uranium
Russian president Vladimir Putin has said that Moscow should consider limiting exports of uranium in retaliation for Western ...
3d
on MSN
Chinese Stocks at Risk of More Losses as Economic Gloom Worsens
Chinese stocks trading in Hong Kong look primed for losses on Monday following a poor set of economic data that’s deepened ...
18d
China Growth Headwinds Mount as Factory and Housing Data Worsen
China has been relying on its manufacturing might and export engines to offset the drag from a slumping property market and ...
10d
United Overseas Bank (UOB)
Singapore’s InnoVen Capital Group completes a US$130 million first close for its second China fund, as it eyes financing China’s fund-starved start-ups.
1d
on MSN
US single-family housing starts surge in August
U.S. single-family homebuilding rebounded sharply in August and permits increased, but rising new housing supply poses a ...
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