
US Homebuilder Sentiment Tumbles by Most Since April 2020
US homebuilder sentiment tumbled this month by the most since the immediate aftermath of the pandemic as firms faced higher materials costs and a slowdown in demand.
Latest Videos
The information you requested is not available at this time, please check back again soon.
US homebuilder sentiment tumbled this month by the most since the immediate aftermath of the pandemic as firms faced higher materials costs and a slowdown in demand.
China’s general fiscal revenue plunged 41% in April as the government gave money back to taxpayers to help businesses weather the impact of Covid curbs that have weighed on the economy.
Russians topped Turkey’s ranking of foreign home buyers for the first time, the latest sign of the country’s appeal for capital fleeing sanctions over Moscow’s invasion of Ukraine.
Updater Inc., an app and technology developer for residential relocation services, has received $215 million in financing from the credit investment arm of Vista Equity Partners.
Land Securities Group Plc achieved record office leasing in 2021 as demand for the best city center space bounced back after the lifting of most Covid restrictions.
Feb 15, 2019
Bloomberg News
,
Canadian home sales rose for the first time in five months in January, with Montreal leading gains that stretched across about half of markets nationwide.
Sales climbed 3.6 per cent compared to December, the Canadian Real Estate Association said Friday from Ottawa. There were increases in all three of Canada’s biggest cities, with Montreal posting a 7.1 per cent increase and gains of 1.2 per cent in both Toronto and Vancouver.
The report adds to evidence the nation’s housing sector is showing signs of stabilizing, after tighter mortgage rules and rising borrowing costs cooled it down for much of last year and raised worries that real estate markets could be headed for a major correction.
“Homebuyers are still adapting to tightened mortgage regulations brought in last year,” CREA President Barb Sukkau said in the statement.
There were still some signs of weakness in the report. Benchmark prices fell 0.5 per cent on the month and sales are still down from a year ago, falling 4 per cent from January 2018.