Heard on the Street: New homes are sitting unsold, despite the discounted mortgages that builders are offering
New homes are sitting unsold, despite builders using sweeteners to shift inventory.
Foreign Investment on Track for Third Year of Decline, UN Figures Show
Foreign direct investment fell 3% in the first six months of the year due to trade uncertainty, geopolitical tension and high interest rates, said the United Nations.
More home-purchase agreements are being scrapped around the country, reflecting a growing standoff between buyers and sellers in a largely stalled housing market
Buyers worried about job prospects are getting cold feet, or realizing that costs will be higher than expected.
Home sales rose in September to a seven-month high after buyers seized on declining mortgage rates
Sales reached a seven-month high, offering some hope that the housing market could be improving.
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