ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Diana Olick joins ‘Squawk Box’ to break down the latest weekly mortgage application data from the Mortgage Bankers Association. 01:53 Wed, Aug 24 20227:58 AM EDT
A real estate agent shows a home to a prospective buyer in Miami. Getty Images Mortgage demand continues to weaken, still right around a 22-year low, but there was a sign in the weekly numbers that first-time buyers may be slowly returning. Mortgage applications to purchase a home fell 1% last week compared with the […]
Jessica Tan of the insurance company discusses China’s property sector fallout, its Covid policy and economic outlook.
A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. According to the National Association of Realtors, sales of existing homes dropped 3.4% to a seasonally adjusted annualized rate of 5.41 million units. Sales were 8.6% lower than in May 2021. As existing-home sales declined, the median price […]
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Patrick Carroll, founder and CEO of Carroll, a real estate investment firm, joins ‘The Exchange’ to discuss the housing market and what he’s seeing right now.
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Diana Olick joins ‘The Exchange’ to report on cracks that are beginning to develop in the housing market, as new home sales were down sharply in July. She discusses signs of easing in the rental market, as well.
An Apartment For Rent sign seen in the Upper East Side of Manhattan. Adam Jeffery | CNBC Rent growth for apartments looks to have peaked after a tremendous run in 2021, and that could boost some of the real estate stocks that were the early darlings of the pandemic. Nationally rents rose just 0.8% between […]
CNBC’s Rick Santelli and Diana Olick join ‘Squawk on the Street’ to report on the latest housing numbers.
The Good Brigade | Digitalvision | Getty Images Just months ago, the housing market remained in overdrive: surging home prices, historically low interest rates and unrelenting demand. However, data now suggests to some experts that the market is in a “housing recession.” For example, sales of existing homes in July fell by 5.9% from June, […]