(NewsNation) — Few are winning in today’s housing market, but that doesn’t mean affordability will be out of reach forever. A new Redfin analysis suggests housing costs could return to “normal” by 2030 if price growth stabilizes, incomes continue to rise and mortgage rates dip to 5.5%. “The path back to normal housing costs doesn’t…
China’s stock markets have surged to their highest levels in a decade, but the rally risks creating a bubble while offering little support to the slowing economy, according to historical lessons, Nomura has warned. The Japanese investment bank cautioned that the rally may have even less impact on growth than the 2014-15 boom, which ended…
Since reporting the second quarter of 2025 earnings, Opendoor Technologies Inc. OPEN has trended upward 30.9% to date, outperforming the Zacks Internet – Software industry, the Zacks Computer and Technology sector and the S&P 500 index. Zacks Investment Research Image Source: Zacks Investment Research During the second quarter, the company reported an adjusted loss per…
Sellers have held the upper hand in the U.S. housing market for so long that buyers might wonder when the dynamic will finally change in their favor. In fact, that might already be happening. The housing market has become more “buyer-friendly” amid a rise in inventory in many parts of the country, according to a…
Mortgage rates are falling despite the Federal Reserve’s reluctance to introduce new cuts over the past eight months, giving American homebuyers more purchasing power at a time when the market is slowly shifting in their favor. Last week, the 30-year fixed-rate mortgage—the most popular home loan in the nation—dropped to its lowest level since April….
The transaction, which marked the Hong Kong government’s first residential plot sale this financial year, involved a site at Hoi Chu Road in Tuen Mun, a district in proximity to Shenzhen Bay. “The sought-after site presents enormous potential,” Sino Land executive director Victor Tin said on Wednesday. “With beautiful sea views, proximity to the Greater…
Trump rings the opening bell on the trading floor of the New York Stock Exchange (NYSE) on December 12, 2024 after being named TIME’s “Person of the Year.” Spencer Platt/Getty Images The Trump administration is teeing up what could be the biggest shakeup in U.S. housing finance since the 2008 crisis—a pair of IPOs that…
Is the tide turning for Hong Kong’s ailing property market? When second-hand home prices are down almost 30 per cent from their peak in August 2021 and rents for grade A offices are more than 40 per cent lower than in the second quarter of 2019, talk of a recovery seems wildly premature. But expectations,…
Hong Kong’s housing market is poised for a gradual recovery starting in the second half of this year, as population inflows, falling interest rates and a rebound in rental demand restore confidence, according to Bocom International. The investment bank said home prices could rise by 3 per cent over the next six months, followed by…
Sun Hung Kai Properties (SHKP) scored another sell-out weekend for Sierra Sea, its mega residential project in the New Territories, as homebuyers took advantage of discounted prices that are about 20 per cent lower than those of similar properties in the district. As of 6pm, Hong Kong’s largest property developer sold all 288 of the…