LONDON — UK inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually. Economists polled by Reuters had projected an annual rise in the headline consumer price index of 8.2%, following May’s […]
In the summer of 2020, something counterintuitive occurred in the housing market. Despite the unemployment rate remaining in double digits, the market underwent a significant shift, transitioning into a boom. This surge was a direct result of […]
Stocks extended a recent upswing on Tuesday as investors absorbed a stream of quarterly earnings, with Bank of America (BAC) and Morgan Stanley (MS) among those reporting. The Dow Jones Industrial Average (^DJI) led the way […]
Inflation in Britain has dropped to 7.9 per cent in the year to June, according to the Office for National Statistics (ONS). Despite inflation dropping more than expected, it still remains high – but is […]
High mortgage rates and depleted housing inventory have exacerbated an already existing housing availability crisis. In the first six months of 2023, roughly 14 of every 1,000 U.S. homes changed hands according to a report […]
For the seventh consecutive month, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report rose month-over-month, gaining one-point to a reading of 56, according to a report released Tuesday. This is the index’s highest reading […]
California Regional Multiple Listing Service (CRMLS) has announced the full release of its REcenterhub dashboard across its three MLS systems: CRMLS Matrix, CRMLS Paragon, and Flexmls. After being available as part of the REcenterhub ecosystem […]
Toronto and Vancouver accounted for 47% of total housing starts in Canada’s urban centers during June. The post Canadian Housing Starts Up in June appeared first on Weekly Real Estate News.
At an event marking the 55th anniversary of the passage of the Fair Housing Act (FHA) during the National Fair Housing Alliance 2023 National Conference, Federal Reserve Vice Chair for Supervision Michael Barr delivered remarks […]
Bank of America (BofA), a top-20 U.S. mortgage lender, reported on Tuesday significant improvements to its home loan business in the second quarter of 2023, just as competitors JPMorgan Chase and Wells Fargo did late last week. But executives at […]
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