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New US single-family home sales slide in July
Businesstimes News·5 hours ago
- According to the Commerce Department, US new single-family home sales fell 10.5% in July to an annualized rate of 607,000 units. - The decline was driven by high mortgage rates and housing prices, which kept potential buyers on the sidelines. - The median new home price in July was $393,800, marking a 0.9% decrease from the previous year.
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U.S. New Home Sales Pull Back To Six-Month Low In July
rttnews·5 hours ago
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New Home Sales Collapsed In July As Consumer Confidence Hit 7-Month Lows
ZeroHedge·6 hours ago
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US Home Prices Are Rising At Their Fastest Pace In A Year
ZeroHedge·7 hours ago
- US home prices in the 20 largest cities accelerated by 0.24% month-over-month in June, pushing the annual increase to 2.1%. - Chicago led with a 6.9% annual increase, while Seattle recorded the largest decline at 2.0%. - High financing costs and a 30-year mortgage rate near 6.5% continue to pressure the housing market and deter prospective buyers.
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Redfin: US new home listings rise 1.2% in four weeks through Aug. 16
PUBT·Aug 20 at 07:17 AM
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Rising bond yields are triggering a tech sell-off, but S-Reits could be the casualty nobody notices
Businesstimes News·Aug 19 at 09:57 PM
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Realtor.com finds entry-level homebuyer traffic drops 11.4 points since 2021 as luxury demand holds
PUBT·Aug 19 at 05:01 AM
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The housing market’s deep freeze is getting harder to escape
businessinsider·Aug 19 at 04:56 AM
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U.S. Pending Home Sales Unexpectedly Tumble To Six-Month Low
rttnews·Aug 18 at 09:16 AM
- The National Association of Realtors reported that pending home sales in the United States unexpectedly fell by 2.3% in July to 71.2, reaching a six-month low. - This decline follows a downwardly revised 4.8% drop in June to 72.9. - Economists had previously anticipated a rebound with a 1.4% increase instead of the further contraction.
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U.S. Housing Starts Plunge Much More Than Expected In July
rttnews·Aug 18 at 07:40 AM
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14:08 ETMiami-Dade Total Home Sales Rise for 11th Consecutive Month
prnewswire·Aug 17 at 01:08 PM
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Owning a home is overrated. Renting is now often a much better money move.
MarketWatch·Aug 17 at 11:17 AM
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11:05 ETFla.'s Housing Market: Closed Sales and New Pending Sales Rise in July
prnewswire·Aug 17 at 10:06 AM
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Bond yields are at multiyear highs, yet stocks have hit fresh records. Here's how long the defiance can last.
MarketWatch·Aug 14 at 08:31 AM
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U.S. national debt about to reach bleak $40 trillion milestone - and it's likely hit $50 trillion soon
MarketWatch·Aug 14 at 07:22 AM
- The U.S. national debt is approaching $ 40 trillion, with Bank of America strategist Michael Hartnett predicting it will reach $ 50 trillion by July 2029. - Annual interest servicing costs have reached $ 1.5 trillion, reinforcing market sentiment against fixed-income investments and driving investor preference for equities. - Hartnett recommends long-duration assets, gold, and emerging markets while advising caution regarding potential risks in AI stocks and bond yields.
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