Tight listings, record mortgage rates and extraordinary growth in home values in Australia have led to the best returns for sellers in over a decade. According to the latest CoreLogic Pain and Gain report, over 90% of homes sold in the June quarter ended in profit, an increase of 9% from the first quarter of […]
“As has been the case throughout the pandemic, current and future homeowners have their sights set on large homes, whether for more space for a home office or to access additional space, to inside or outside ”, explains Faisal Durrani, Partner – Head of Middle East Research. Image Credit: Gulf News Archives Dubai: Residential property […]
Mortgage rates have rebounded to levels not seen since July following signals from the Federal Reserve last week that it may start cutting its purchases of long-term mortgages and Treasury bonds later this year. The Fed’s debt purchases have helped keep long-term interest rates low. But that’s not all that can scare investors off buying […]
Profitability increased in 12 of the 15 capitals and the rest of the state’s markets, with the rate of sales at a loss increasing in Melbourne, Hobart and regional Tasmania, albeit from a weak base. Regional and tree-change markets posted the highest proportion of lucrative sales, with Victoria’s Ballarat regional area reaching 99.7 percent of […]
rental houses – Realtor.com Economic Research September 24, 2021 To keep up with the rapid changes COVID-19 is causing in the economy and the housing market, the economics team at realtor.com® provides a weekly blog and video update on the relevant real estate and economic information you need to know to navigate the housing market […]
New home sales rose for a fourth consecutive month in August. Sales of new single-family homes rose 1.5% last month to a seasonally adjusted annual rate of 740,000, according to the US Census Bureau and the Department of Housing and Urban Development. The rate was 24.3% lower than the August 2020 reading of 977,000. Analysts […]
LIMA – Pam Daley-Jennings answered the question before it was asked. “No. Never. I’ve been doing this for 35 years and I’ve never seen a home sell like they’ve been in recent years,” said the owner of First Lima Title Agency. “We wonder how many houses are still for sale. So just today (Friday) I […]
singebusinessimages / Getty Images / iStockphoto The heat in the housing market slowed in August as home prices continue to discourage buyers. Existing sales fell 2.0% last month and housing supply remains tight, down 13.4% from a year ago, according to National Association of Realtors data released Wednesday. See: 20 Home Renovations That Will Damage […]
Sales of existing homes fell in August, with inventory and prices remaining a major concern for potential buyers. Existing home sales fell 2% to a seasonally adjusted annual rate of 5.88 million in August, the National Association of Realtors said on Wednesday. Compared with August 2020, home sales fell 1.5%. “Although there has been a […]
Several banks like the State Bank of India (SBI), Kotak Mahindra, Bank of Baroda (BoB), Punjab National Bank (PNB) and HDFC are offering loans at record interest rates to take advantage of the rush to spend before the Christmas and New Year. season. SBI will charge mortgage borrowers 6.7% interest based on their credit score […]