According to national property broker Redfin, the total worth of U.S. homes hit a record $46.8 trillion in June 2023. This overtakes the prior all-time high of $46.6 trillion set a year earlier, as a […]
WASHINGTON — U.S. home prices continued to fall in June compared to a year ago, but that may not be much comfort to home buyers. Even after falling, June’s median price hit the second-highest monthly […]
Asia-Pacific markets were mixed on Friday as investors digested Japan’s consumer price index figures for June. The country’s core inflation rate – which strips out costs of fresh food – came in at 3.3%, in […]
UK inflation fell to a 15-month low of 7.9 per cent in June, a bigger than expected drop that sent the pound falling, rallied property shares and came as a boost for prime minister Rishi […]
The numbers: Construction on new homes fell 8% in June, as U.S. homebuilders sharply slowed down starting on new single-family homes and focusing on finishing existing projects. Housing starts fell to a 1.43 million annual pace […]
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 […]
WASHINGTON, July 18 (Reuters) – U.S. retail sales rose less than expected in June, though consumer spending appeared to be solid, which likely kept the economy afloat in the second quarter. Retail sales increased 0.2% […]
Greater Nashville Realtors’ market data for the month of June shows that home closings were down by 17%, there are fewer sales pending over this time last year and home prices are down. Despite the […]
WASHINGTON (Reuters) – A united U.S. Federal Reserve agreed to hold interest rates steady at the June meeting as a way to buy time and assess whether further rate hikes would be needed, even as […]
Markets have sewn up June in bullish fashion, capping a strong first half of 2023 in style. For the fourth consecutive month, June saw gains aplenty in US equities – with the S&P 500 rising by 6 per cent to […]
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