The average rate on a 30-year fixed mortgage reached 6.55% this week, marking its highest level…
Tag: Housing Market
Pending US home sales drop 5.4% in June amid affordability
Contracts to purchase previously owned U.S. homes fell 5.4% in June, according to the National Association…
China’s First-Tier Home Prices Rise for Fourth Month in July
China's first-tier home prices increased by an average of 0.1% in June, marking the fourth consecutive…
Gen Z Living with Parents Hits Record High Amid Housing
Nearly 20% of young adults aged 25 to 34 are living with their parents or grandparents,…
Berkshire Hathaway Acquires Taylor Morrison for $6.8 Billion
Berkshire Hathaway announced a $6.8 billion cash acquisition of Taylor Morrison, a move aimed at boosting…
Australia’s Auction Clearance Rates Hit Six-Year Low Amid Economic Strain
Australia's housing market is facing significant challenges as auction clearance rates have plummeted to a six-year…