San Francisco residents will retain their ability to debate how, for whom and were to build housing within city limits. That’s because the Board of Supervisors today just barely made its deadline to pass a state-mandated plan to build 82,000 housing units within eight years. Not hitting the Jan. 31 deadline to pass the city’s
Econ & Housing
istock.com/constantgardener LAS VEGAS — The housing recession that began in 2022 will bleed into 2023 as elevated inflation and mortgage rates, coupled with stubbornly high building material construction costs, continue to take a toll on the housing industry and are expected to push the overall economy into a mild recession this year. However, the second half
Home prices nationally are down by 4% from June’s peak, with double-digit declines seen in San Francisco and Seattle Housing market conditions deteriorated considerably at the end of 2022. Home price growth continued its rapid deceleration, as homebuyers and sellers decided to wait out the winter, with some fazed by high mortgage rates. The 2022
Housing prices have started to firm up after a two-year COVID lull and unsold inventories have declined on rise in demand, the Economic Survey said on Tuesday, as it anticipated a decline in prices on the back of a cut in import duties on many construction materials. India’s residential market has witnessed recovery this fiscal
After hitting a new low in mid-November, the housing market has started to recover, but we’re not quite out of the woods yet, according to a new Redfin report. The company says it’s seeing a 17% increase in potential buyers requesting home tours, and those contacting agents looking for homes has increased 13% from November.
AMARILLO, Texas (KFDA) – Price reductions, average number of days on the market and inventory for sale are all factors that have recently impacted the Amarillo housing market. According to Coldwell Banker, residential house sales have gone down by 500 sales since December of 2021. Market reports also state that homes new to the Amarillo
Data: Redfin; Chart: Axios Visuals A New York Post article reporting that Goldman Sachs has forecast a 2008-level housing crash in Phoenix sent ripples through the Valley’s real estate industry last week. Yes, but: Local experts called the report “hyperbolic,” “misleading” and “a disservice” when Axios Phoenix requested comment. What they’re saying: “This is so
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