The post The value of US homes recorded its biggest six-month drop since 2008 appeared first on Weekly Real Estate News.
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Comments Off on US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’
On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the […]
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The post US housing market shows early signs of recovery as demand rises appeared first on Weekly Real Estate News.
Single-family new home construction plunges in huge housing market setback
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Mariel Alumit
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US single-family homebuilding tumbled in March, and while new construction remains underpinned by a severe shortage of previously owned houses for sale, a resurgence in mortgage rates is pushing potential buyers to the sidelines. The report from the Commerce […]