Sales of previously owned homes fell nearly 6% in July compared with June, according to a monthly report from the National Association of Realtors. The sales count declined to a seasonally adjusted annualized rate of 4.81 million units, the group added. It is the slowest sales pace since November 2015, with the exception of a […]
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Robert Shiller, Yale University professor of economics and Case-Shiller Index co-founder, joins ‘Power Lunch’ to discuss homebuilder sentiment, why homebuilders aren’t building and if home prices are actually starting to declining.
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s ‘Halftime Report’ investment committee, Bryn Talkington, Josh Brown, Steve Weiss and Jim Lebenthal, discuss their takeaways from the Fed minutes.
A customer enters a Home Depot store on August 16, 2022 in San Rafael, California. Justin Sullivan | Getty Images Spending on home improvement doesn’t appear to have taken a big hit with the slowdown in the U.S. housing market, but analysts say the strength may not last. Home Depot and Lowe’s this week cited […]
Fred Neumann, chief Asia economist at HSBC, discusses the outlook for the Chinese economy and housing market.
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 sign […]
A For Sale sign is posted in front of a property in Monterey Park, California on August 16, 2022. Frederic J. Brown | AFP | Getty Images Mortgage rates fell slightly last week, but not enough to fuel any kind of recovery in consumer demand for home loans. Total mortgage application volume fell 2% from […]
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street Ryan Schneider, Anywhere Real Estate CEO, joins ‘Squawk on the Street’ to discuss the current state of the housing market. 03:39 3 minutes ago
CNBC’s Diana Olick joins ‘Squawk Box’ to break down the latest read on weekly mortgage demand data from the Mortgage Bankers Association.
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Logan Mohtashami, lead analyst at Housing Wire, joins CNBC’s ‘Squawk Box’ to react to the latest read on mortgage application demand and explains why the U.S. is “in a traditional housing recession.”