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Washington, DC CNN — New home sales in the United States surged higher in September from the month before, even as mortgage rates remained over 7%, making financing…
Read more US new home sales surged in September | CNN BusinessCNN — The House speakership drama enters a new week under increased urgency as Israel declared war Sunday following unprecedented surprise attacks by Hamas. Kevin McCarthy’s unprecedented ouster…
Read more Pressure to fill House speaker vacancy builds amid crisis in Israel | CNN PoliticsWashington, DC CNN — US mortgage rates surged to their highest level in nearly 23 years this week as inflation pressures persisted. The 30-year fixed-rate mortgage averaged 7.31%…
Read more US mortgage rates climb to 7.31%, hitting their highest level in nearly 23 years | CNN BusinessNew York CNN — Stocks tumbled Tuesday after a slew of economic data stoked fears about the US economy’s cloudy outlook and further interest rate hikes from the…
Read more Dow tumbles by more than 400 points, on pace for biggest one-day decline since March | CNN BusinessHong Kong CNN — Plunging sales of new homes and the reported cancellation of a share placement by China’s biggest property developer on Tuesday underscored the depth of…
Read more Plunging sales of new homes show China’s real estate crisis isn’t over | CNN BusinessHong Kong CNN — Starting at $53,000 for a space not much larger than a shoebox, it is a pricey place to stay, even in a city famed…
Read more In world’s most expensive property market, homes for the dead can cost more than for the living | CNNCNN — Ohio’s govenor said Friday evening that he wants Norfolk Southern to pay East Palestine residents for the long-term impacts the February 3 toxic train derailment may…
Read more Ohio’s governor wants Norfolk Southern to pay for toxic derailment’s long-term impacts, including lowered home values and potential health issues | CNNWashington, DC CNN — Jim Stewart was getting ready to sell his home in East Palestine, Ohio, and retire. Then came the derailment of a Norfolk Southern train…
Read more Norfolk Southern balks at compensating homeowners in East Palestine | CNN BusinessHong Kong CNN — One of China’s richest women has fully taken over Country Garden, a top real estate developer, after her father resigned, which added to a…
Read more One of China’s richest women takes over for her father at real estate developer Country Garden | CNN BusinessLondon CNN — UK house prices last month saw their biggest annual decline since November 2012, in the latest indication of the lasting pain that former Prime Minister…
Read more UK house prices post sharpest fall since 2012 as high mortgage rates hurt | CNN BusinessWashington, DC CNN — Pending home sales crushed expectations in January, when mortgage rates dropped from recent highs of more than 7% and home buyers jumped at the…
Read more Pending home sales blew past expectations last month as buyers pounced on lower rates | CNN BusinessMinneapolis CNN — The US economy is confusing: Jobs are surging. Inflation has been cooling but still running relatively hot. Gas prices are on the rebound. Consumers keep…
Read more Economists’ crystal balls are growing cloudier. But they still expect a recession | CNN BusinessA version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN — Warren Buffett…
Read more Warren Buffett is missing out on this year’s market comeback | CNN BusinessWashington, DC CNN — Home prices are going up across the country — in aggregate. Looking at individual markets, however, some are showing prices have fallen from a…
Read more Here are the US cities where home prices are actually falling | CNN BusinessHong Kong CNN — The property market in China is so depressed that some banks are resorting to drastic measures, including allowing people to pay off mortgages until…
Read more China’s property crash is prompting banks to offer mortgages to 70-year-olds | CNN BusinessCNN Business — When Microsoft President Brad Smith announced in February 2021 that the tech giant had purchased a 90-acre plot of land in Atlanta’s westside, he laid…
Read more Microsoft and Google promised to invest in these communities. Now they’re backtracking | CNN BusinessA version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN — Mortgage rates…
Read more Housing slump likely to continue but some see hopeful signs ahead | CNN Business
