European stocks were to snap a four-session winning streak on Friday, with bullish economic data overshadowed by lingering concerns about rising virus cases in the US. The Stoxx Europe 600 SXXP Index, -0.96% It fell 0.6% to 365.91, just after a gain of close to 2% on Thursday. For the …
Read More »Manhattan apartment sales experience worst decline in 30 years
Manhattan apartment sales fell 54 percent in the second quarter of this year, marking the steepest decline in 30 years, according to a report by Miller Samuel and Douglas Elliman. obtained by multiple media. The average sales price fell 18 percent to just $ 1 million, the biggest decline in …
Read More »Mortgage rates reached a new all-time low before the weekend of July 4
Could average mortgage rates fall below 3%? If the recent trend continues, it is a clear possibility. The 30-year fixed-rate mortgage averaged 3.07% for the week ending July 2, six basis points less than the week before, Freddie Mac FMCC, + 1.59% reported Thursday. In comparison, these loans had an …
Read More »Manhattan apartment sales are worst in history, biggest drop in 30 years
A pedestrian is in front of a Manhattan condominium building in New York. Mark Abramson | Bloomberg | fake pictures Second-quarter Manhattan apartment sales experienced their biggest decline in 30 years, and the worst quarter on record, as the property shutdown and urban leakage after the Covid-19 crisis froze the …
Read More »Home prices rose in April, says S&P Case-Shiller
A sale sign is seen in front of a house when the National Association of Real Estate Agents released a report showing that home sales fell in December 2017 on January 24, 2018 in Miami, Florida. Joe Raedle | fake pictures Home prices strengthened in April, despite a national economic …
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