Housing Wire

New home sales rose by 9.6% in March

New home sales posted yet another increase in March, rising 9.6% from February to a seasonally adjusted annual pace of 683,000 homes, according to data published on Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). […]

US banks
Commercial Real Estate

US banks are fretting over falling commercial real-estate valuations as higher interest rates and a credit squeeze bite, top executives say

US banks are getting increasingly stressed about tumbling commercial real-estate valuations and what that means for their balance sheets, top executives have said, per the Financial Times. Arkansas-based Bank OZK, with a sizable exposure to the […]