Source: Redfin — The median U.S. home-sale price declined 0.6% year over year in February, marking the first annual drop since 2012–but high rates mean homes aren’t more affordable. The milestone comes as daily average mortgage rates hit 7.1%, dampening...
Source: Fox Business — U.S. home prices could tumble as much as 20% as the highest mortgage rates in two decades threaten to trigger a “deep global housing slide,” according to research from the Federal Reserve Bank of Dallas. The global housing...
Source: RE Talk Asia — Global real estate investors acknowledge they will encounter a fresh set of challenges in 2023, identifying pricing and interest rate uncertainties as the main factors influencing capital deployment into Asia Pacific commercial real...
Source: The Hill — Is the U.S. government unprepared to respond to a Chinese company purchasing land near a vital military base? The Air Force recently wrote Congress to explain that the interagency Committee on Foreign Investment in the United States (CFIUS)...
Source: New York Post — The Big Apple has retained its crown as the world’s priciest housing market. New data has determined that, in 2022, more ultra-prime property transactions were conducted in New York City than anywhere else on Earth. On Wednesday, real...