US new home sales rebound in May; consumer sentiment at record low

Carpenters work on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, US, May 5, 2021. REUTERS / Octavio Jones / File Photo Register now for FREE unlimited access to Reuters.com Register New home sales rebound 10.7% in May; April data revised up Median house … Read more

Euro zone’s overpriced housing market may sag if rates rise, ECB says

European Central Bank (ECB) headquarters building is seen during sunset in Frankfurt, Germany, January 5, 2022. REUTERS / Kai Pfaffenbach Register now for FREE unlimited access to Reuters.com Register FRANKFURT, May 25 (Reuters) – The euro zone’s overpriced housing market may sag if mortgage rates rise faster than inflation, exposing debt-fueled bubbles in some countries, … Read more

China property market slumps on developers’ debt crisis, weak buyer sentiment

People walk next to residential buildings in the coal city of Hegang, Heilongjiang province, northeast China January 2, 2020. Picture taken January 2, 2020. REUTERS / Ryan Woo / File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG, May 26 (Reuters) – China’s property market, a key pillar of the world’s … Read more

Record high US house prices, rising mortgages depress new home sales

A home under construction stands behind a “sold” sign in a new development in York County, South Carolina, US, February 29, 2020. REUTERS / Lucas Jackson Register now for FREE unlimited access to Reuters.com Register New home sales drop 16.6% in April Sales decline in all four regions Median home price surges 19.6% from year … Read more

China’s property market woes expected to worsen in 2022 – Reuters poll

Under-construction apartments are pictured from a building during sunset in the Shekou area of ​​Shenzhen, Guangdong province, China November 7, 2021. Picture taken November 7, 2021. REUTERS / David Kirton Register now for FREE unlimited access to Reuters.com Register Home prices are expected to drop 1.3% in H1 and be unchanged in 2022 Property investment … Read more

US labor market in spotlight as weekly jobless claims hit 4-month high

Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, US, September 3, 2021. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Weekly jobless claims increase 21,000 to 218,000 Continuing claims drop 25,000 to 1,317 million Mid-Atlantic factory … Read more

US home sales tumble; higher prices, mortgage rates eroding affordability

A new home is seen under construction while building material supplies are in high demand in Tampa, Florida, US, May 5, 2021. REUTERS / Octavio Jones Register now for FREE unlimited access to Reuters.com Register Existing home sales fall 7.2% in February Median house price rises 15% to $ 357,300 from year ago Housing inventory … Read more