ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Between 1979 and 2024, productivity in the U.S. soared by 80.9%, while hourly pay grew by just 29.4%, according to a research by the Economic Policy Institute. This trend has often been referred to as wage stagnation. But more recently, economists have…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Glenn Kelman, Redfin CEO, joins ‘Money Movers’ to discuss Kelman’s view of the housing market in September, the magic rate number that could get homebuyers back into the market, and what it’ll take for more inventory to hit the market. Source: www.cnbc.com
A pedestrians looks at residential properties displayed for sale in the window of an estate agents’ in Windsor, west of London. Justin Tallis | Afp | Getty Images LONDON — Lower mortgage rates are sparking an uptick in the U.K. housing market, following a surge in the pace of home sales last month, data showed.…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email John Woods of Lombard Odier says that while the animal spirits in China have been unleashed, he remains cautious about the market until the Chinese government can meaningfully tackle the excess capacity in the property sector. Source: www.cnbc.com
Skynesher | E+ | Getty Images Mortgage rates moved ever so slightly higher last week, but it was enough to take a little heat out of what had been a briefly red-hot refinance market. That caused total mortgage application volume to fall 1.3% for the week, according to the Mortgage Bankers Association’s seasonally adjusted index.…
SHENZHEN, CHINA – MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. General economic slowdown continues in China while the property price and stock bubble faces risk. (Photo by Zhong Zhi/Getty Images) Zhong Zhi | Getty Images News | Getty Images Shares of most Hong Kong-listed Chinese property…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Marcus & Millichap CEO Hessam Nadji explains why investors are back in the U.S. real estate market and that a full return to office working is unlikely with a hybrid model likely to stay. Source: www.cnbc.com
Night scene of Singapore’s Toa Payoh district Chanachai Panichpattanakij | Moment | Getty Images Singapore’s private home prices fell for the first time in five quarters amid depressed sales, preliminary market data showed on Tuesday. The data released by the Urban Redevelopment Authority showed that its private home price index fell 1.1% last quarter as…
Rupert Murdoch at his annual party at Spencer House, St James’ Place in London. Picture date: Thursday June 22, 2023. Victoria Jones | Pa Images | Getty Images LONDON — Rupert Murdoch’s Australian property firm REA Group said Monday it would no longer seek to buy the U.K.’s Rightmove after the property portal rejected a fourth…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Andy Rothman of Matthews Asia says the policy measures from the People’s Bank of China and the Politburo are a small part of the process of restoring confidence and more are needed. He highlights that things will need time to change. Source:…
