Home sales probably dropped in May to the lowest level of the year, while orders placed with factories climbed, showing housing remains a soft spot as other parts of the U.S. economy recover, economists said before reports this week.
BusinessWeek.com — Finance
Sales at 10 of Hong Kong’s biggest private residential developments fell 58 percent at the weekend from a week earlier after the government raised minimum down payments and deposits for foreign buyers.
BusinessWeek.com — Finance
Home prices in 20 U.S. cities dropped in March to the lowest level since 2003, showing housing remains mired in a slump almost two years into the economic recovery.
BusinessWeek.com — Finance
Australian home loan delinquencies jumped to the highest on record in the first quarter, driven by Christmas spending, a November interest rate increase, and recent natural disasters, Fitch Ratings said.
BusinessWeek.com — Finance
In 2010, almost 53,000 homes were purchased in the U.S. with owner financing—a risky tactic when conventional mortgages are not an option
BusinessWeek.com — Finance
Australia & New Zealand Banking Group Ltd., the worst performer among Australia’s four largest banking stocks this year, said first-half profit rose 38 percent as retail earnings at home improved.
BusinessWeek.com — Finance
Residential real-estate prices dropped in the 12 months to February by the most in more than a year, putting the market on the verge of eclipsing the nadir reached during the U.S. recession.
BusinessWeek.com — Finance
Futures on the U.S. Standard & Poor’s 500 Index rose before the release of March new home sales data, indicating the gauge may rise for the seventh time in eight days.
BusinessWeek.com — Finance
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