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Chinese Housing Prices Decline at Accelerating Rate in December, Study Finds

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...

US Homebuilder Sentiment Falls For Ninth Straight Month

Figures revealed on Monday shows that the National Association of Home Buyers/Wells Fargo gauge of homebuilder sentiment decreased by three points to 46. This is the ninth consecutive month that homebuilder sentiment has declined—a record streak of declines since the data was first released...

Goldman Sachs Forecasts Decline in Home Prices in 39% of U.S. Cities Next Year

With the U.S. housing market cooling down this year following mortgage rate hikes and record home appreciation, economists at Goldman Sachs expect significant price falls in 39% of metropolitan areas in the United States in 2023. As stated by analysts in the Goldman Sachs’...

Average NYC Rent Per Month Surpasses $5,000 Again

The fact that you can rent an apartment for $2,000 a month throughout most of America would blow the minds of New Yorkers. This is because the average rent for a place in Manhattan is higher than ever these days. For the second straight month,...