WASHINGTON (Reuters) – Sales of new single-family homes in the United States peaked at almost 13 years in June, as the housing market outperforms the overall economy amid low interest rates and migration from downtown urban to low-density areas due to the COVID -19 pandemic. FILE PHOTO: A new house …
Read More »New home sales in the United States shine in June; commercial activity accelerates
WASHINGTON (Reuters) – Sales of new single-family homes in the United States peaked at almost 13 years in June, as the housing market outperforms the overall economy amid low interest rates and migration from downtown urban to low-density areas due to the COVID -19 pandemic. FILE PHOTO: A new house …
Read More »UK details path to citizenship for Hong Kong applicants
FILE PHOTO: Britain’s Home Secretary Priti Patel speaks to the media near the scene of multiple stabbings in Reading, Britain, June 22, 2020. REUTERS / Peter Nicholls LONDON (Reuters) – Britain’s route to citizenship for nearly three million people in Hong Kong will open in January 2021, and applicants won’t …
Read More »America’s eviction bans are ending. That could worsen the spread of the coronavirus.
NEW YORK (Reuters) – Last month, when the coronavirus was on the rise in Houston, recently unemployed hospital secretary Ramzan Boudoin received more bad news: He had six days to vacate his apartment for not paying rent. An entrance is seen to the Providence at Champions apartment complex, amid the …
Read More »Who still needs the office? American companies begin to cut space
NEW YORK (Reuters) – Corporate America is reducing its real estate footprint as companies allow more employees to work from home, a growing threat to traditional office building owners and a sign that companies are looking for ways to reduce costs as a result of the coronavirus pandemic. FILE PHOTO: …
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