Tag: Housing Market cooldown

Official data from China's government on Tuesday is expected to show that the nation's economy is continuing to struggle to launch its economic rebound, with the property market expected to hamper economic growth. While industrial output, retail sales, and fixed-asset investment in July are...

China's home prices remained almost unchanged in June, official data showed on Saturday. This is the lowest level of change that the market has experienced so far this year. Reuters calculations, based on National Bureau of Statistics (NBS) data, found that June's price change...

A report published by the National Association of Realtors and Realtor.com revealed that middle-class U.S. homebuyers have been hit by a shortage of available housing. While 51% of U.S. earners bring in a household income of $75,000 or less, the report found that only 23%...

Real estate experts have warned that the U.S. housing market appears unlikely to become significantly more affordable in the near term. This comes as both mortgage rates and home prices remain high. Bankrate mortgage analyst Jeff Ostrowski claimed that while mortgage rates and home prices...

Data from the National Association of Realtors on Thursday showed that U.S. home sales declined in March, with prices falling as well. This marks a particularly tepid start to the spring homebuying season, with buyers already facing a surge in mortgage rates and a...

Housing prices in China fell at an accelerating rate in December, a private study revealed on Sunday. This is largely believed to be the effect of a rise in Covid-19 cases across the country which has resulted in disruptions to economic activities. According to the...