What to know as home prices show signs of cooling off – CBS News Watch CBS News For years, the U.S. housing market has boomed, pricing many out of their financial comfort zone and the market. Now, home prices are showing signs of cooling off. CBS News New York’s Ali Bauman has details for buyers…
The housing market is, much like the economy at large, a mercurial beast whose moves are impossible to predict with 100% accuracy. But, though we may not be able to say with certainty what will happen in the next few months, we can look at what’s happening right now to get some hints of what’s…
Hong Kong’s residential property market is poised for a recovery after enduring a seven-year downturn, according to Morgan Stanley. Home prices in the city are set to bottom out, driven by an influx of mainland Chinese buyers, improved capital markets and a recent plunge in interest rates, analysts led by Praveen Choudhary said in a…
New World Development Co.’s financial distress is creating angst just as Hong Kong is starting to regain its feet. The real estate developer’s systemic importance is of great concern to residents, policymakers and investors alike. Property fire sales at New World could drag down home prices further, while a potential default will impair banks’ loan…
Hong Kong is on the cusp of a big, beautiful bull run. But it’s in danger of being ruined. The financial center is finally getting back on its feet. The city is leading in global initial public offerings rankings this year. Its stock market is one of the world’s best performing. Meanwhile, rents have returned…
Kroger shoppers might be paying more at checkout than they bargained for. A new investigation found price tag errors at the supermarket giant’s stores leading to customers being overcharged on many items marked as discounted or on sale. Expired discount tags were found on everyday products ranging from Cheerios cereal to Nescafé instant coffee, according to…
Reaching the six-figure salary threshold may be considered a financial victory for many Americans, but in a many big U.S. cities the once aspirational milestone just doesn’t cut it anymore. In one out of four large metro areas in the United States, a family of three with a household income of $100,000 will still struggle…
Many concerned Trump tariffs will raise prices Many Americans concerned Trump’s reciprocal tariffs will raise prices 05:49 As consumers cope with lingering cost-of-living pressures and the potential impact of tariffs, CBS News is tracking the change in prices of everyday household expenses — from food to utilities and rent. Drawing from a range of government…
By Devayani Sathyan BENGALURU (Reuters) – Home prices in Australia will rise less quickly this year than previously thought, with only modest support from further interest rate cuts, according to a Reuters poll of property analysts. A shortage of new homes, together with a stretched price to income ratio after a more than 40% jump…
New World Development (NWD) on Saturday recorded a sell-out at its State Pavilia project in North Point, as “enthusiastic” Hong Kong homebuyers brushed aside the raised prices of the batch of units offered this weekend. As of 6.22pm, NWD – controlled by the family of chairman Henry Cheng Kar-shun – sold out all of the…