Housing market goes from bad to worse

📆 16/06/2022 21:44:00
📰 FoxNews

⏱ Reading Time:
13 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 87%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The U.S. housing market is getting battered by rising interest rates and sky-high prices, as housing starts and builder confidence continue to decline.

Jerry Howard, the CEO of the National Association of Home Builders, provides insight into the housing market amid economic challenges.and soaring inflation, and data released this week shows things have gone from bad to worse.

The declines were much steeper than analysts expected: Economists surveyed by Refinitiv forecasted that housing starts would only fall by 1.3%, and that building permits would drop by 2.1%.Perhaps unsurprisingly, home builder confidence is down, too.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Escrever Comentário

Housing is not crashing, its just inflated prices are coming back in line. Welcome news I think.

Bidens America

Biden 😡

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Home sellers cut asking prices as market coolsThe U.S. housing market may finally be cooling off. Prices will drop 30 percent in 12 months
Fonte: FOXLA - 🏆 445. / 53 Consulte Mais informação »

New data shows the hot Southern California housing market may be cooling offThe hot housing market in Los Angeles might be coming to a halt, according to the latest research into real estate trends. Recession dead ahead Sellers be realistic pricing now. It’s only going to get worse Lol
Fonte: CBSLA - 🏆 552. / 51 Consulte Mais informação »