Page 6 - Housing Data News Today

Redfin and others release data warning of a possible big chill looming on the horizon. Even if the economy does'nt plummet, real estate will take a hit.

The GBP/USD recovered some ground bouncing from weekly lows below the 1.1800 figure due to dismal US economic data, which increased fears of a US rece

The USD/CAD stumbles from weekly highs around 1.3063 and plunged on weaker than expected US economic data, which reignited US recession fears amidst a

"I think what most people get wrong is that they expect prices to immediately fall," said real estate appraisal consultant Jonathan Miller on a podcast.

Weaker US housing data sent the markets into risk-off mode, dragging USD/JPY lower with it.

Real estate markets in these 20 cities are extremely competitive in 2022 as home values soar, buyers bid high, and houses sell faster than ever.

The collapse of a housing bubble relies partially on weakening demand, which new data shows is coming to fruition.

Residential construction soared to an annual rate of 1.79 million units in March, beating economist forecasts and hitting the fastest pace since 2006.

Everything is up. Oil is at $85 this morning but no one considers anything a crisis. Solar Wind is back, hacking more tech companies, Evergrande is still a problem in China, the Fed is likely to begin tapering at the next meeting, theres still no stimulus package and still 1,509 people died of Covid yesterday with 72,644 infected – essentially ever single person at a football stadium.

Typical residents of these cities spend about 20% of their income on housing, or even more.