July 2022 existing-home sales WASHINGTON — Existing-home sales sagged for the sixth straight month in July, according to the National Association of Realtors. All four major U.S. regions recorded month-over-month and year-over-year sales declines. Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, slipped 5.9% from June to a seasonally adjusted annual
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ORLANDO, Fla., Aug. 18, 2022 /PRNewswire/ — Florida’s housing market reported higher median prices, a rise in new listings of existing single-family homes and continued signs of easing supply constraints in July 2022 compared to a year ago, according to Florida Realtors®’ latest housing data. However, inflation and higher mortgage interest rates continue to impact
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istock.com/xijian MCLEAN, Va. — Freddie Mac today released the results of its Primary Mortgage Market Survey, showing that the 30-year fixed-rate mortgage (FRM) averaged 5.13%. “Inflation appears to be beyond its peak, which has stopped the rapid increase in mortgage rates that the housing market was experiencing earlier this year,” said Sam Khater, Freddie Mac’s
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Phoenix had the highest total returns in the past five years. New York had the lowest. The most widely reported statistic about housing is price appreciation. Knowing the rate of appreciation is crucial for valuing homes accurately. However, looking at appreciation alone does not convey the full benefits of owning a home. This can be
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Earnings expected from BJ’s Wholesale, Applied Materials, and Kohl’s Today the Philadelphia Federal Reserve manufacturing index, existing home sales data, and leading economic indicators are in focus. Also set to capture Wall Street’s attention today is the latest round of initial and continuing jobless claims data. The following public companies are slated to release corporate earnings today, August
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  Analysts generally expect state-owned enterprises will perform better than non-state-owned developers in the latest real estate slump. Pictured here in Guangxi, China, on Aug. 15, 2022, is a real estate complex developed by state-owned conglomerate Poly Group. Future Publishing | Future Publishing | Getty Images BEIJING — Chinese property developers’ cash flows — a
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