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What to watch in markets on Tuesday, December 20, 2022. What to watch in markets on Tuesday, December 20, 2022. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ...
The U.S. housing market had finally started slowing in late 2022, and home prices seemed poised for a correction. But a strange thing happened on the way to the housing market crash: Home values ...
Home prices rose by nearly 20% over the last year, an astonishing rate of growth that was faster and more intense than even the run-up to the housing crash of 2008, according to Fortune -- and that...
For nearly two years now, the COVID-19 pandemic has made the real estate market a major headache for buyers in many parts of the country. Low inventory, paired with high demand, has caused home ...
These regulations had the net effect of reducing housing construction and reducing the ability of regional housing stock to adjust to changing market conditions. Beginning in the last quarter of the 20th century, market-wide housing shortages have existed in a growing number of markets throughout the country, starting in prosperous coastal ...
Housing affordability is a major problem in America. Home prices spiked during Covid-19 and then the Fed’s war on inflation sent mortgage rates surging. The one-two punch has made it a ...
China's real estate slowdown has reduced local government income. In 2022, land sale revenue dropped to 6.7 trillion yuan, a 23 percent decrease from 2021. This revenue made up 24 percent of total local government income, down from 30 percent the previous year. Taxes from land and property development also fell by 8 percent.
Issi Romem, an economist at the Terner Center for Housing Innovation at the University of California, Berkeley said: "...as long as abundant new housing was built to accommodate those drawn to California, housing price growth was limited and the state's allure was channeled into population growth: From 1940 to 1970 California's population grew 242 percent faster than the national pace, while ...