Page 2 - Conor Sen News Today

To all the homebuyers dreading the toxic mix of low inventory and 8% mortgage rates, how does a cooling economy and a 7.4% rate sound?

Given the importance of housing to overall activity, subdued residential construction should limit how fast the economy can grow, though not enough to trigger a recession over the next couple of quarters.

Market pricing, verbal cues from Federal Reserve members and the likely evolution of the economic data over the next couple of months all point in the same direction — the

Market pricing, verbal cues from Federal Reserve members and the likely evolution of the economic data over the next couple of months all point in the same direction — the

I speculated early last month that the resale inventory picture could turn in the fall. The data that has come in since then give me more confidence in that hunch.

There’s a growing consensus that we need more housing and less office space as cities move forward with plans to transform themselves in a post-pandemic world.

In the meantime, as per maritime research firm Drewry, global average ocean freight rates for a 40-foot container have jumped for five weeks.

The shipping industry is showing signs of bottoming, but the COVID bonanza is long gone

The only way that we humans can live within nature’s resource restraints and ecological boundaries is to redirect our economies toward meeting all people’s basic needs, and away from producing material overabundance.

The future is here. A study recently published by a team of British and Dutch scientists found that this summer’s horrific heat waves “would have been