It provides more evidence for the series of interest rate cuts the Reserve Bank kicked off yesterday. Join Nine News for the latest in news and events that affect you in your local city, as well.
One particularly interesting thing you can do with these new data is to replay the housing crisis of 2007-2008. The map shows the change in house prices that took place in 2006: The darker areas show the counties where growth was the. Examining the Housing Crisis by home price tier. The evidence in favor of a recent housing bubble is.
HUD expands energy conservation challenge to apartments It will boost affordable housing and energy conservation. It will help small businesses with social missions expand operations or buy equipment. We hope other foundations and individuals step up to.SoFi officially licensed to lend in New York SoFi officially licensed to lend in New York from HousingWire – After a year of effort SoFi is now licensed to do mortgages in New york. white house national economic council Publishes Framework for Fintech from Crowdfund Insider – The Obama Administration has published an official "Framework for Fintech" paper this week.
Over the past 20 years, housing prices in China have risen rapidly. From 2003 to 2007, the rates of price increase reached as high as 14% per year, on average. Some cities, such as Beijing, reported an annual increase of 22%.
prices that are considerably at variance with intrinsic values."3 The data discussed in this section show unusual growth and falloff in demand for housing and an unprecedented rise and decline in real home prices; behavior indicative of a bubble. Although the rise in demand in the U.S housing market that
The National Association of realtors announced friday that existing home sales dropped a hefty 7% in January, adding further evidence that the resurgence of the housing sector is stalling.
The group’s monthly UK Residential Market Survey found surveyors reporting a decline in both sales and new buyer enquiries over the month, meaning sentiment is now flatter than at any point since.
The National Association of Realtors announced today that existing home sales dropped a hefty 7% in January, adding further evidence that the resurgence of the housing sector is stalling. Wednesday, we saw a very soft new home sales number. Now, we see more softness in existing home sales as well.
Selected Articles. Housingwire, 8/7/17 Although home prices are skyrocketing amid housing inventory that is hitting all-time lows, the overall housing market continues to make gains as housing activity picked up in the second quarter.
The housing industry is not happy about recent housing data, including Tuesday’s home price releases, and it looks like it’s going to get worse before it gets better.
Progress Residential prices first REO-to-rental securitization In late October, New York City-based Blackstone Group announced it had launched the first-ever real estate owned (REO)-to-rental securitization and was seeking investors for these instruments. The investment firm created a subsidiary, Invitation Homes, which reportedly purchased more than 40,000 foreclosed homes, which are now rental properties.