Financial Industry News
The housing market is at risk of a severe crash after President Trump delayed stimulus talks until after the election. A study from Princeton and MIT researchers found that 30 to 40 million renters might be at risk of eviction. The lack of stimulus and a gloomy outlook for real estate leaves home prices vulnerable […]
Continue ReadingChina, Singapore, and Seoul’s housing market demand is continuing to surge, defying the pandemic-induced economic slump. Singapore, in particular, is seeing a consistent increase in demand all-around, even in the suburbs. UBS analysts believe global housing prices are nearing bubble levels, but strategists see major catalysts for home prices in 2021. The financial markets are […]
Continue ReadingThe Dow Jones rallied 100 points Tuesday. The U.S. housing market continues to boom, thanks to the Federal Reserve. JPMorgan believes tech and white-collar dominance could face a reckoning. The Dow Jones rallied on Tuesday as a buoyant U.S. housing market continues to go from strength to strength. One JPMorgan strategist believes that tech dominance […]
Continue ReadingStrong demand for homes suggests the market is strong. Several factors have the potential to bring the housing market crashing down. A significant factor moving forward will be affordability. Bears have been predicting an impending housing market crash for some time, and the pandemic seemed to be the perfect catalyst for a downward spiral. But […]
Continue ReadingDemand for homes is high, as shown by strong growth in pending home sales. Low inventory could hinder further sales growth. It has never been more expensive to buy a home in the US. The U.S. housing market shows no sign of slowing this summer. Buyers continue to show strong demand as mortgage rates are […]
Continue ReadingHome prices rose 0.8 percent in the second quarter of 2020. Overall, prices are up 5.4 percent nationwide compared to a year ago. Investors are thinking about housing more than ever as further potential lockdowns loom. The U.S. housing market secured a modest advance in the second quarter of the year, experiencing a 0.8 percent […]
Continue ReadingWhile big-box stores are reveling in record profits, U.S. small businesses are floundering. One economist fears the small business crisis is a systemic threat to U.S. capitalism. Relief could come from an unexpected place: the housing market. A tale of two economies. A classic case of the haves and the have nots. A K-shaped recovery. […]
Continue ReadingWe are living in a recession like none of us have witnessed in our lifetimes. When the market plummeted into bear territory in March, there was naturally widespread concern that the housing market would repeat the Great Recession’s terrifying lows when the S&P 500 experienced a loss of more than 50%. However, instead of replicating the housing bubble […]
Continue ReadingThe U.S. housing market has enjoyed stable price growth this year. Consumer interest in new homes remains high. Low supply and increasing buyer interest are making the market recession-proof. The U.S. housing market has held its ground impressively this year despite the economic fallout of the pandemic that has gripped the globe and sent millions […]
Continue ReadingDubai’s housing market recorded 15,883 sales of residential properties from January to June. Despite the 12.4% fall compared to the first half of 2019, the UAE’s property developer Nakheel remains optimistic. The firm’s chief commercial officer Aqil Kazim is positive about the recovery of local real estate. Dubai’s housing market is recovering. Despite the pandemic, […]
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