LOS ANGELES (AP) — The housing market shows few signs of busting out of its three-year funk after a disappointing spring season and amid a gloomy outlook for the summer and fall. Home shoppers ...
The second straight monthly decline in home resales reinforced economists' views that the slump in residential investment, which includes homebuilding, deepened in the third quarter. The housing ...
She also plans to create a $40 billion federal innovation fund that would encourage local governments to build housing. This is in response to a US housing shortage. The US was short about 4.5 ...
If you'd like to sign up, please click here: sign up for Money Morning. The US housing slump seems to be worsening. September saw sales of existing US homes fall at an annual rate of 14.2%.
Declines in sales and prices signal the housing slump that began in 2006 may extend into its third year, matching the slowdown 18 years ago that ended in the 1991 recession.
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Follow us on Facebook and join our Telegram channel for the ... Economic worries have taken center stage as the slump in the ...
as both announced job cuts amid fears of a US housing market slump and surging inflation. Over the last five days, Redfin has seen shares plunge roughly 25%, and this week it reported a ...
Gucci accounts for about half the group’s revenues and two-thirds of operating profit, making its revival vital for Kering — ...
China’s National Development and Reform Commission (NDRC) disappointed investors by not announcing any further stimulus measures, which caused Hong Kong shares to slump. Hong Kong’s Hang ...
Furthermore, the company deepened its collaboration with Meta to ... as a going concern, through a slump sale for Rs 1,600 crore. This move aligns with the company’s strategic focus on ...