One month after enacting its first interest rate cut in nearly five years, the European Central Bank (ECB) opted to leave rates unchanged. “While some measures of underlying inflation ticked up in May owing to one-off factors, most measures were either stable or edged...
Nearly two-thirds of European renters (64%) said they lack the funds for a down payment on a home, while more than half (58%) don’t believe they can save enough for a down payment over the next three years, according to a new survey released by Adevinta, an online...
The lack of affordable rental housing and homeownership opportunities across Europe could lead to a new era of far-right political parties controlling the European Parliament and the federal and local governments across the European Union (EU) members, according to a...
Switzerland caught the world’s economic observers by surprise when its central bank opted to cut interest rates, a first for a major Western economic power. The Financial Times reported the Swiss National Bank cut its headline rate by 25 basis points to 1.5%. Thomas...
Newmark Group Inc. (NASDAQ:NMRK) has established an office in Paris. The office, which opens today, will initially focus on capital markets and leasing. Alexandre Gotti, Newmark’s president of France, will oversee operations, strategic direction, growth and...
Euro-Area Housing Loan Demand Falls Sharply as Higher Rates Hit Borrowers
