Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. America’s housing market is hurting and real estate observers of all stripes have different opinions on the root cause. However, there is near-universal agreement on one major stumbling block: the lack of inventory. Prospective homeowners hoping for that…
Homebuyers flocked to a new residential project offered by Wang On Properties in Hong Kong’s Eastern district on Saturday, showing renewed enthusiasm for the city’s real estate market driven by the government’s stimulus measures. As of 3:30pm, 98 of the 157 units on sale at 101 King’s Road, a housing project that consists of a…
Data shows the average price of a UK property coming to market is down 1.8% this month, or the equivalent of a £5,366 discount, as the cost of a home swoops to £366,592. This marks the second month of higher than average declines on the trot, with the usual drop seen at this time of…
The Exchange Fund reported one of its best quarterly returns as stock markets rallied in Hong Kong and the United States, as a diversified investment approach helped to swell the financial war chest for defending the city’s currency peg. The fund’s investment return more than doubled to HK$224.7 billion (US$28.8 billion) in the first nine…
By Borja Suarez GRAN CANARIA, Spain (Reuters) – Thousands of people protested in holiday resorts in Spain’s Canary Islands on Sunday against over tourism which they say prices local people out of the housing market. Under the slogan Canary Islands has a limit, residents demonstrated simultaneously in Gran Canaria, Tenerife, La Palma, Fuerteventura, Lanzarote and…
We recently compiled a list of the 7 Best High Short Interest Stocks To Invest In. In this article, we are going to take a look at where Super Micro Computer Inc. (NASDAQ:SMCI) stands against the other high short interest stocks. What’s Going On in China? China’s housing market, once a booming sector, has experienced a…
Costfoto/NurPhoto/Getty Images, Tyler Le/BI Beijing’s latest housing-support measures won’t fix China’s property crisis, JPMorgan wrote. The nation announced this week that it will reduce mortgage rates and downpayment rules. That’s unlikely to boost much-needed consumption in the sector, JPMorgan said. China’s all-out stimulus package will fail to meaningfully reverse ongoing chaos in the nation’s property…
The Federal Reserve slashed the federal funds rate (overnight interest rate) by 50 basis points on Wednesday, which was double the 25-basis-point adjustment it typically uses. Inflation has fallen sharply over the past year while the unemployment rate has stayed relatively steady (although it is beginning to tick higher), which were two key reasons for…
MICHAEL. GERRI. IT DOES MEAN THIS IS DEFINITELY AN APPETITE. I SHOULD SAY OUT THERE TO BE ABLE TO BUY HOMES. CASE IN POINT THE HOME RIGHT BEHIND ME. IT WENT FOR SALE AND IT IS NOW OFFICIALLY SOLD HERE IN A PRETTY AFFLUENT COMMUNITY IN LANCASTER COUNTY. AND A LOCAL REALTOR TELLS US THAT…