Monthly Archives: August 2021

Pending home sales drop for second consecutive month

Pending home sales fell in July, according to data released Monday by the National Association of Realtors (NAR), down for the second month in a row amid a record spike in house prices. The NAR’s pending home sales index fell 1.8% in July after falling 1.9% in June. Sales were down 8.5% on an annual […]

Fall in pending home sales for a second consecutive month

Pending home sales edged down in July, falling 1.8% to a Pending Home Sales Index (PHSI) of 110.7, according to the National Association of Realtors (NAR) Pending Home Sales Report. The drop marks the second consecutive month that PHSI has declined. The only region that did not decline month over month was the West. Contract […]

Baldwin County home sales fell 2% year-on-year in July

Sales: According to Baldwin’s real estate agents, July residential sales were down 2.4% year-on-year (Y / Y), from 895 to 874 closed deals. Contrary to seasonal trends, sales were down 17.8% from June. Sales are now up 27.9% year-to-date. Two other resources to consult: Quarterly report and Annual Report. For all housing data for Baldwin […]

July home sales drop in Wisconsin, but that doesn’t mean the market has softened

A 14.2 percent drop in home sales may seem worrisome at first glance, but there is more to be said. There were about 8,510 sales of existing homes in the state last month, according to the last report from the Association of Wisconsin Realtors. This is a decrease from the 9,915 sales reported in July […]

NAFCU expects home sales to remain stable

Source: Shutterstock. NAFCU chief economist Curt Long said Monday he expects existing home sales to remain stable this year, mostly limited by supply. His comments came after the National Association of Realtors (NAR) reported that existing home sales rose 2% from June through July to a seasonally adjusted annual rate of 5.99 million homes. “Sales […]

Manhattan’s luxury home market on track for record year

Manhattan is set to record one of the strongest years on record in its high-end real estate market despite lingering complications from the coronavirus pandemic, according to a report released Monday by Olshan Realty. The success stands in stark contrast to 2020, which marked the borough’s worst performing luxury sector in a decade. More than […]

German exporters are under pressure from China in their domestic market

A shopping center in Berlin Photo credit: AFP German exporters face increasing pressure in their domestic market from Chinese exports to the EU, according to a study by the Cologne Institute for Economic Research. Chinese exports to the region contain increasingly sophisticated industrial products – such as machinery, pharmaceuticals and automobiles – which have long […]

New report predicts substantial increase in digital out-of-home market

According to a new report released by the AI ​​firm’s SaaS advertising platform, Alfi, 74 percent of the world’s senior advertising executives are confident that the development and expansion of advertising ecosystems and networks, in line with the rise of smart cities, will provide explosive growth opportunities in the Digital Outdoor Advertising Market. 93% believe […]