Housing
China resale home prices fall at slower pace in positive sign
Prices in 70 cities drop 0.5% in January from December, according to National Bureau of Statistics data
State firms in China buy foreclosed properties to slow downturn
State-firm purchases can partly compensate for weak private demand and ease supply pressure on prices
US home resales fall most in four years despite lower rates
Without an extended period of improved affordability, the recovery in the housing market is likely to be prolonged
Trump decries a ‘nation of renters’ but his new policy promotes one
Trump’s executive order barring big investors from buying single-family homes exempts build-to-rent
London’s house price slump to bottom out, RICS survey says
The monthly study is closely watched for indications of where the UK property market might be heading
Skyrocketing rents threaten Greece’s economic rebound
Many Greeks are being left behind as earnings fail to keep pace, forcing them to spend less on certain items
US mortgage rates nudge higher, reaching 6.11% for 30-year loans
[WASHINGTON] Mortgage rates in the US rose for a third week, adding slightly to housing costs with the key spring sales season ahead.
Seoul apartment prices rise further even as President Lee hardens resolve
The president has argued that rising apartment prices reflect distorted incentives rather than genuine housing needs
New Zealand house prices hit 30-month low as buyers hold back
Economists and the RBNZ expect the jobless gauge has peaked, which will feed into rising wages later this year
US builders push ‘Trump Homes’ to win backing for a million houses
The effort comes at a time when the cost of buying a home is historically high