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News
Below is the latest real estate news we get regularly updated from reliable sources.
“Mortgage rates eased slightly this week as data revisions showed past employment growth was weaker than previously thought,” said Orphe Divounguy, senior macroeconomist at Zillow Home Loans.
July 2024 Housing Starts: Housing Starts Fall, Single Family Starts At Lowest Level Since April 2023
Building permits issued in July fell to 1,396,000 (SAAR). That’s 4% below the revised June rate and 7% lower than a year ago. Housing starts fell to 1,238,000 (SAAR) in July, down 6.8% from the...
Singapore now claims the top spot for real estate investment prospects in terms of price increases in 2020. Hong Kong, rocked by months of violent political protests, has fallen from 14th place to the bottom...
There were 619,000 (SAAR) new single family-home sales nationwide in May down 11.3% from the revised April rate of 698,000 and 16.5% below the May 2023 estimate, according to the U.S. Census Bureau.