The post Vast majority of U.S. homes are unaffordable to the average buyer appeared first on Weekly Real Estate News.
Vast majority of U.S. homes are unaffordable to the average buyer
Housing
U.S. construction spending falls in January
WASHINGTON, March 1(Reuters) – U.S. construction spending unexpectedly fell in January as investment in single-family homebuilding continued to decline. The Commerce Department said on Wednesday that construction spending dipped 0.1% in January after dropping 0.7% […]
Top News
Foreign buyers are bailing on the U.S. housing market. Here’s why
International buyers purchased 14% fewer U.S. homes in the past year, the least since the National Association of Realtors began tracking the statistic in 2009. But the median price of homes they purchased was $396,400, […]
Investing
U.S. readies targeted screening for investment in Chinese tech
WASHINGTON — The U.S. is considering trialing a mechanism for reviewing outbound investment into China, eyeing a relatively narrow set of sensitive industries after businesses lobbied against a broad initial proposal. The program, intended to […]