US home price gains weaken for 5th straight month
US home price gains weaken for 5th straight month
WASHINGTON (AP) — U.S. home price gains slowed for the fifth straight month in August as higher mortgage rates have lowered home sales.The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, increased 5.5 percent...
The New Zealand Herald
The New Zealand Herald
Home Prices Still Increasing Despite Fall In New Homes Sales
Home Prices Still Increasing Despite Fall In New Homes Sales
The 13% decline in new home sales has created a lot of concern about the real estate market but the Case-Shiller Home Price Index for the much larger number of existing homes is not waving any red flags (yet).
Forbes
Forbes
Mortgage Rates Are Pushing U.S. Homes Out of Reach
Mortgage Rates Are Pushing U.S. Homes Out of Reach
This is how housing markets turn. Slowly.
Bloomberg
Bloomberg
Australian home prices skid, Sydney down most since 1990
SYDNEY (Reuters) - Home prices in Sydney, Australia's biggest city, posted its worst annual performance since 1990 in October, dragging down national values and pointing to a further slowdown over coming months in a blow to consumption.
Reuters
Reuters
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Business Highlights
___Stocks rally on earnings a day after ending at 5-month lowsNEW YORK (AP) — Stocks climb as strong results from a number of companies help the market regain a sliver of its recent losses. Trading remains uneven: the S&P 500...
The New Zealand Herald
The New Zealand Herald
Asian stocks mixed after Wall Street tumble
BEIJING (AP) — Asian stock prices were mixed Monday after Wall Street extended its slide, fueling concern about the global market outlook.KEEPINGS SCORE: The Shanghai Composite Index lost 1.1 percent to 2,570.17 while Tokyo's Nikkei...
The New Zealand Herald
The New Zealand Herald