Homes in these cities are still unaffordable on the average household income. But the downturn signals that demand might be steadying.
In Detroit, home prices were half of what they are now as recently as 2019. High inflation, interest rates and a shortage of supply has driven up house prices. The cost of an average home in the US has effectively doubled in the last decade
Home prices continue to trend upwards here in western Massachusetts, while sales are down.
WASHINGTON (AP) — U.S. producer prices rose in March from a year earlier at the fastest pace
U.S. producer prices rose rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. The Labor Department said Thursday that its producer price index — which measures inflationary pressure before it reaches consumers — rose 2.1% last month from March 2023 , biggest year-over-year jump since April 2023. The slightly better-than-expected producer price reading came as something of a relief, arriving a day after the Labor Department...
Money reports that despite high mortgage rates and home prices, there are still ways sellers can boost sale prices.
WASHINGTON (AP) — U.S. producer prices rose rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. And wholesale inflation eased on a month to month basis. The Labor Department said Thursday that its producer price index — which measures inflationary pressure […]
While Amy Beihl, 32, considers New York City her home, being a homeowner there was out of reach financially. But, turning to Europe, she found five vacation homes in ultra-desirable locales.
The gorgeous Foxrock home is a castellated Tudor Gothic residence currently on the market for a staggering price
This beautifully presented, versatile and generously proportioned period lower villa with 3/4 bedrooms, excellent private gardens and a double garage, is currently available for offers over £1,050,000. The property is situated in the highly regarded Grange conservation area, close to excellent private and public schooling. This exceptionally spacious home at 28 Mortonhall Road offers comfortable and versatile accommodation, beautifully complemented by fine period features. To view this property,...
The transaction price of n-type silicon rod has fallen to 58-60 RMB/kg (US$8.01-8.29/kg) and the average price is down 3.30% month-on-month.
New home construction in the US slowed last month as residential starts decreased 14.7% to a 1.32 million annualized rate, the lowest since August. Building permits, which point to future construction, fell to a 1.46 million rate in March. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)