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US new home sales miss expectations in April
Alaska Superstation· 5 days agoHome sales have taken a hit since the Federal Reserve raised the benchmark lending rate rapidly in 2022 to curb surging inflation. While a 30-year fixed-...
Home builders are slashing prices to lure home buyers, but it may not be enough
Morningstar· 3 days agoBuyers are held back by how much they can afford due to high interest rates, in addition to home prices staying high as well. Sales of new homes fell 4.7% to an annual < ...
Why Aren’t UK Interest Rates Falling as Inflation Tumbles?
Bloomberg· 7 days agoHave a confidential tip for our reporters? With UK inflation now within reach of the Bank of...
Hotel Cap Rates: Adjusting to a New Reality | By Erich Baum
Hospitality Net· 6 days agoAs detailed in this article, hotel cap rates are higher than they’ve been in recent years and are...
U.S. existing home sales drop 1.9% in April, pushed lower by high rates and high prices
Billings Gazette· 4 days agoWASHINGTON — High mortgage rates and rising prices continued to put a damper on the spring homebuying season last month.
Wall Street veteran trader revamps SoFi stock price targets
TheStreet via Yahoo Finance· 1 day agoIt also forecast adjusted second-quarter revenue between $550 million and $565 million and net...
Financial Services Roundup: Market Talk
The Wall Street Journal· 4 hours ago(robb.stewart@wsj.com; @RobbMStewart) 0654 ET – ABN Amro’s acquisition of German... says. Should the Labour party win the next general election, it will...
Stock market today: Wall Street retreats from its records as worries about high interest rates weigh
WPRI Providence· 6 days agoNEW YORK (AP) — U.S. stock indexes retreated from their records Wednesday as concerns about high ...
US home sales post second straight monthly drop; house prices accelerate By Reuters
Investing.com· 6 days agoU.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices...
Interest rates alert as 'grim' retail sales could sway BoE's next decision
Daily Express· 5 days agoRetail spending took a significant hit last month as persistent rain put off shoppers, the latest...