Monthly Archives: October 2022

Logan Mohtashami: Where is the bottom of new home sales?

September new home sales beat expectations, but don’t get too excited. While monthly supply has increased in this report, previous reports have all been revised down and sell levels are still historically low. New home sales are now below recession 2000 levels and have fallen to 1996 levels when interest rates were near 8%. As […]

Dayton-area home sales fall as mortgage rates and prices rise

She said she had worked with clients who had been looking for a home for several months and had seen mortgage rates go up, but noted that there were still many advantages to owning a home over renting, including including building net worth with payments. The hyperactive market over the past two years has been […]

I-check mo na yan: Shopping on Lazada with Home Credit’s Qwarta – Manila Bulletin

Over the past few years, there has been a sea change in consumer buying behaviors. From trying on clothes in real boutiques to pushing carts down grocery store aisles, Filipino consumers are now doing most of their shopping online – trying on virtually, filling their digital carts and verifying those purchases by swiping and clicking. […]

Shopping on Lazada just got easier with Qwarta from Home Credit

Over the past few years, there has been a sea change in consumer buying behaviors. From trying on clothes in real boutiques to pushing carts down grocery store aisles, Filipino consumers are now doing most of their shopping online – trying on virtually, filling their digital carts and verifying those purchases by swiping and clicking. […]

6 Florida Cities Where Home Sales Are Plummeting

Nadezda Murmakova / Shutterstock.com Housing markets across the country are cooling rapidly, and perhaps nowhere is the freeze more apparent than in Florida. The Sunshine State was one of the hottest destinations for homebuyers during the flurry of real estate activity that swept the country as the COVID-19 pandemic raged. But now home sales are […]

Mortgage rates and prices rise, home sales fall in Washington County

As mortgage rates and average prices rose, home sales fell in the region and state in September. “We are seeing a downturn in the market right now,” Heather Weeks, realtor at Exit Preferred Realty and 2022 president of Pen-Mar Realtors, wrote in an email. “Some of that is seasonal, as we head into the winter […]

U.S. home sales and listings fell more than 20% in September — the biggest drop since the pandemic began. But houses are always getting more expensive. here’s how

U.S. home sales and listings fell more than 20% in September — the biggest drop since the pandemic began. But houses are always getting more expensive. here’s how The slowdown in the housing market continued significantly into September, according to the latest data from real estate brokerage Redfin. Home sales and listings fell during the […]

Mortgage applications fall with home sales

Source: Shutterstock. Mortgage applications fell for the fourth consecutive week as sales of existing homes continued to decline and interest rates hit new records. The National Association of Realtors (NAR) reported Thursday that existing homes sold at a seasonally adjusted annual rate of 4.71 million in September, down 24% from a year earlier and 1. […]

Real estate bubble woes: home sales plummet, prices drop 7% in 3 months, price cuts surge. Soaring mortgage rates

Investors are also pulling back. By Wolf Richter for WOLF STREET. According to the National Association of Realtors in its report. Compared to the October 2020 peak, sales are down 30%. Beyond the two months of confinement of April and May 2020, this is the lowest sales rate since March 2014, and since the summer […]

Existing Home Sales September 2022 | The bank rate

Existing home sales — that is, sales of used homes, not new construction — have trended lower all year. And with mortgage rates and prices remaining high, homebuyers are unlikely to be in a rush to make that purchase. A new report from the National Association of Realtors (NAR) indicates that more buyers are taking […]

Havering care home market hit by ‘tsunami’, says manager

Inflation and the cost of living crisis have contributed to a ‘tsunami’ hitting the Havering nursing home market, the director of adult services has said. However, at a meeting of Havering’s Oversight and Review Committee on October 13, commissioning program manager Ben Campbell told advisers that the resilience of the market meant it was “generally […]

Home sales in Singapore doubled in September 2022

Home sales in Singapore continue to rise (Getty Images) In today’s roundup of regional headlines, home sales in Singapore have rebounded to the second highest level this year, as Sweden’s EQT completes the acquisition of Baring Private Equity Asia, based in Hong Kong. Meanwhile, Chinese junk bonds hit an all-time high as the mainland housing […]

Smalls: Prospects for the luxury home market | Company

There are numerous reports from across the country that the national luxury home market is experiencing one of its most dramatic declines in a decade. Defined as the top 5% of homes based on market value, the pre-pandemic luxury home market could be described as sluggish, with markets from the Hamptons to the Aspen-Snowmass area […]

Starter home market almost non-existent after 7% mortgage rates loom in West Virginia | State Newspaper News

Country the United States of AmericaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, People’s Republic […]

Balik Youum! Improve your Masskara experience this year with mortgage

Manila, Philippines. October 14, 2022 – The Philippines is known to be a happy country. Everywhere you go you see people smiling warmly despite the hidden storms they face. Jeepney drivers, security guards, hawkers and your Pinoy friends are just a ray of sunshine. But this is not the only pride of the country. Filipino […]

Balik Youum! Improve your Masskara experience this year with mortgage

Manila, Philippines. October 14, 2022 – The Philippines is known to be a happy country. Everywhere you go you see people smiling warmly despite the hidden storms they face. Jeepney drivers, security guards, hawkers and your Pinoy friends are just a ray of sunshine. But this is not the only pride of the country. Filipino […]

Roku dives into the smart home market with security cameras, video doorbells, smart lights, and more. • TechCrunch

Roku’s New Venture Goes Beyond Your TV Screen: The hardware company just announced Roku Smart Home, a new line of devices including security cameras, video doorbells, smart lights and plugs. voice-activated smart phones. The company also launched a Roku Smart Home mobile app and a security camera subscription service. Roku expanding its home technologies is […]

Roku dives into the smart home market with security cameras, video doorbells, smart lights and more • TechCrunch

Roku’s New Venture Goes Beyond Your TV Screen: The hardware company just announced Roku Smart Home, a new line of devices including security cameras, video doorbells, smart lights and plugs. voice-activated smart phones. The company also launched a Roku Smart Home mobile app and a security camera subscription service. Roku expanding its home technologies is […]

This take on Diwali Home Credit India to create brand resonance, unveils – Zindagi Hit!

On the occasion of Dusshera & Diwali festival, Home Credit India (HCIN), a local arm of the world’s leading provider of consumer credit services, launched its new brand campaign with the promise of – “Zindagi Kick” in an effort to redefine the Home Credit brand, connect with consumers in an effort to fulfill their aspirations. […]

This Diwali, Home Credit fills all wish lists in new ad, Marketing & Advertising News, ET BrandEquity

Home Credit advertising campaign Home Credit India (HCIN), on the occasion of Dusshera and Diwali festival, launched its new brand campaign with the promise of – “Zindagi Hit” with the aim of redefining the Home Credit brand in touch with consumers with the aim to realize their aspirations. This campaign follows Home Credit India which […]

This take on Diwali Home Credit India to create brand resonance, unveils – Zindagi Hit!

The brand’s thinking encompasses the realization of a consumer’s dream and aspirations that Home Credit enables to become a reality helping consumers get the most out of their lives – NOW Renders #ZindagiHit for customers who buy mobile phones, consumer durables and household appliances worth at least Rs 20,000 from Home Credit PoS partner stores […]

This Diwali, Home Credit fills all wish lists in new ad, Marketing & Advertising News, ET BrandEquity

Home Credit advertising campaign “/>Home Credit advertising campaign Home Credit India (HCIN), on the occasion of Dusshera and Diwali festival, launched its new brand campaign with the promise of – “Zindagi Hit” as an effort to redefine Real estate loan brand connect with consumers in order to fulfill their aspirations. This campaign follows Home Credit […]

Why the internal trophy market is bulletproof

Despite broader market influences such as interest rates, the domestic trophy market appears to be bulletproof. When Tesla President Robyn Denholm bought an apartment in Cremorne Point this week for $27.5 million, it forced residents and even seasoned agents to take stock. “It just goes to show that the domestic trophy market is bulletproof,” said […]

The second home market in France is experiencing an “extraordinary” post-Covid boom

The market for second homes in France continues to boom after parts of France saw double-digit price rises in one year (January – December 2021) as people seek green havens after Covid lockdowns. Read more: Map: Where French rural property prices have risen (and fallen) the most Brits aren’t put off by Covid or visas […]

Dubai’s luxury real estate market is booming as wealthy buyers flock to the city

(Bloomberg) — Sign up for our Middle East newsletter and follow us @middleeast for news from the region. According to real estate consultant Knight Frank, high-end property prices in Dubai have jumped 89% in the past 12 months, buoyed by a deluge of wealthy buyers setting up second homes in the city. “Insatiable demand” has […]

Industry leaders speak out on what’s next

For the third month in a row, pending home sales in the United States have fallen, the National Association of Realtors (NAR) recently reported. At the end of August, three of the four major regions recorded month-over-month declines in real estate transactions, with only the West registering a slight gain. Year-over-year, all four regions posted […]

Home sales plummet in Sioux Falls as prices rise – SiouxFalls.Business

October 7, 2022 Sales of gated homes in the city of Sioux Falls fell sharply in September as the average price of a home sold hit a record low. According to the Realtor Association of the Sioux Empire Inc., 269 sales were completed for the month. This represents a 24% year-over-year decline. Combined with a […]

The Daily Chase: Home sales drop in Toronto; Focus on OPEC+ production cuts

No surprise here: The slowdown in Canada’s largest housing market continued last month as rising interest rates dampened demand. Sales in the Greater Toronto Area fell nearly 11% in September and 44% from a year earlier, according to the Toronto Regional Real Estate Board. The average sale price was little changed at $1,086,762 (though down […]

The Daily Chase: Home sales drop in Toronto; Focus on OPEC+ production cuts

No surprise here: The slowdown in Canada’s largest housing market continued last month as rising interest rates dampened demand. Sales in the Greater Toronto Area fell nearly 11% in September and 44% from a year earlier, according to the Toronto Regional Real Estate Board. The average sale price was little changed at $1,086,762 (though down […]

Second worst September in two decades for home sales in Greater Victoria

Property sales in the area represented by the Victoria Real Estate Board (VREB) have fallen to numbers not seen in decades. A total of 410 properties sold in the VREB area, which includes Greater Victoria as well as Salt Spring Island and the Malahat area. This figure represents a decrease of 46.1% compared to the […]