Housing market is in 'adjustment phase': Economist

with housing starts dropping 5.5% and building permits decreasing 3.8% month-over-month. Danielle Hale, Chief Economist at Realtor.com, joined Wealth! to provide insights on these trends.However, she now observes a rebound in single-family homes, with much of the decline in the recent report"driven by the multi-family sector." Hale considers this shift"good news" for the housing market.

-- Vietnam welcomed Russian President Vladimir Putin, underlining its decades-old relationship with Moscow in the face of US criticism over the Kremlin’s invasion of Ukraine.

Former Google CEO reportedly sold his Atherton mansion for $22.5 million. See inside the stunning estate. For most people, the dream of owning a home has evaporated and the cost of living has spiked, with a national average home price of $339,048, according to May 2023 figures from Zillow. Be Aware: 9...For investors seeking exposure to real estate investment trusts, or REITs, here are three top Canadian options to consider buying right now. The post Love Real Estate? 3 Top TSX REITs to Watch in June appeared first on The Motley Fool Canada.The developer gave the families until Jan.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canadian housing market suffers 'sleepy month' ahead of rate cutCanada’s housing market weakened in May, ahead of a long-awaited interest rate cut from the Bank of Canada that may help ease some pressures on buyers.
Source: BNNBloomberg - 🏆 83. / 50 Read more »