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Apartment-Building Sales Drop the Most in 14 Years
Business

Apartment-Building Sales Drop the Most in 14 Years

Interest-rate increases and banking turmoil push down demand for multifamily buildings. Source link

Housing Is Turning Out to Be a Lousy Shelter for Investors
Finances

Housing Is Turning Out to Be a Lousy Shelter for Investors

Apartments have been the second-worst performing type of real estate in the U.S. after offices over the past year. Source link

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Thousands protest in Portugal over housing crisis By Reuters

4/4 © Reuters. People demonstrate for the right to affordable housing in Lisbon, Portugal, April 1, 2023. REUTERS/Pedro Nunes 2/4 By Miguel Pereira and Pedro

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

Australian housing may have found a floor, defying crash predictions By Reuters

2/2 © Reuters. FILE PHOTO: Two buyers look at models of apartments on sale at The Parkside, in Macquarie Park, Sydney, Australia, February 25, 2023.

Home Prices Fall for Seventh Straight Month
Business

Home Prices Fall for Seventh Straight Month

The Case-Shiller index dropped 0.2% in January compared with December, as increased mortgage rates continued to slow the housing market. Source link

America’s Housing Markets: Home Prices Fall in the West and Rise in the East
Business

America’s Housing Markets: Home Prices Fall in the West and Rise in the East

In an unusual pattern, the 12 major housing markets west of Texas, plus Austin, saw home prices fall in January, while the opposite happened in

Housing market in tech hubs cooling faster than other parts of US
Finances

Housing market in tech hubs cooling faster than other parts of US

© Reuters. A “For Sale” sign is posted outside a residential home in the Queen Anne neighborhood of Seattle, Washington, U.S. May 14, 2021. REUTERS/Karen

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

Young Portuguese defer dreams as housing crisis bites By Reuters

5/5 © Reuters. Maria Lopes, 30 years old, arrives at the building where she rents a 13 square meters mezzanine room on a flat-share with

Housing Market Slump Forecast Continues Into Late 2023
Finances

Housing Market Slump Forecast Continues Into Late 2023

Homebuilder sentiment continues to fall as high mortgage and housing prices push consumers out of the market. Source link