posted by
provision
1278 days ago
in USD, Housing
House prices in 20 U.S. cities declined in the year ended in September at the fastest pace on record as rising foreclosures pushed down property values.
posted by
PipChecker
1278 days ago
in USD, GDP, Housing
The economy shrank more than expected in the third quarter and home prices fell to levels not seen since early 2004 as the government announced new plans to provide $800 billion to boost consumer spending and home buying.
posted by
keiragabe
1319 days ago
in CAD, Housing
Existing home prices in the country's largest markets fell for the fourth straight month in September but the Canadian Real Estate Association said on Wednesday that the market is beginning to stabilize.
posted by
MarcB
1338 days ago
in USD, Housing, Employment
It is now confirmed that the US housing and labor market is in serious trouble. New home sales broke below the 500k make or break mark for the first
posted by
pipsmgee
1338 days ago
in USD, Fundamental, Housing
Sales of new homes fell to a 17-year low in August, government data showed, raising further concern about conditions in the housing industry.
posted by
odell
1379 days ago
in USD, Housing
U.S. builders began work in July on the fewest houses in 17 years and the economic outlook dimmed, indicating the real-estate slump is at the epicenter of the growth slowdown, economists said before reports this week.
posted by
warrenbuffet
1383 days ago
in GBP, Fundamental, Housing
U.K. house prices fell in July as the squeeze on credit locked out buyers and brought the property market to a ``virtual standstill,'' the Royal Institution of Chartered Surveyors said.
posted by
JayP
1403 days ago
in USD, Housing
Fannie Mae, the largest U.S. mortgage finance company, couldn't find a buyer who would pay $6,900 for the three-bedroom house at 1916 Prospect St. in Flint, Michigan. So broker Raymond Megie, who is handling the foreclosure sale, advised cutting
posted by
odell
1407 days ago
in USD, Weekly, Housing
The Chinese symbol for crisis also can be expressed as an opportunity. The current collapse of confidence in the domestic system of finance and financial leadership provides such a potential moment. The three part proposal to rescue Fannie Mae an
posted by
pipsmgee
1407 days ago
in USD, Fundamental, Housing
New construction of single-family homes fell 5.3% to a fresh 17-year low in June, while a change in building permit rules for multifamily units in New York City pushed up total starts by 9.1%, the Commerce Department reported Thursday.
posted by
pipsmgee
1431 days ago
in USD, Fundamental, Housing
New home sales showed a notable decrease in the month of May, according to a report released by the Department of Commerce on Wednesday, although the decrease came on the heels of an upwardly revised increase in the previous month.