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Housing market predictions for 2024
Bankrate via AOL· 2 days agoWill housing sales decline? While home prices rose or held firm in 2023...home sales softened considerably. That has continued so far in 2024:...
UK's Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions
Reuters· 2 days ago, opens new tab cut its annual average advertising revenue forecast as still high mortgage rates...
Home Depot sales fall in Q1 on soft housing market
Retail Dive via Yahoo Finance· 15 hours ago“Across the quarter, existing home sales fell by 4.4% over last year,” Saunders said. “This is a more...supplier SRS Distribution for about $18 billion....
Can anything stop Britain’s bonkers housing market?
The Telegraph via Yahoo Finance· 5 days ago“It’s meant lower monthly repayments which has prevented people falling behind, and stopped repossessions and forced sales. It’s cushioned the impact on...
Forecasts for April CPI Report Show Continued Sticky Inflation
Morningstar· 1 day agoThe April CPI, due to be released Wednesday morning, is forecast to show a 0.4% increase from the month before—the same reading in the March report. Meanwhile, core CPI, which ...
Why experts aren’t panicking about the latest jump in producer price inflation
Fortune via Yahoo Finance· 12 hours agoIn that respect, April’s news was...means there is “no reason to be alarmed.” “Strong stock market...
Financial Services Roundup: Market Talk
The Wall Street Journal· 7 hours agoHome purchases fell across the board last year due to low inventory, high mortgage rates, and high home prices. Affordability hasn’t improved in 2024;...
Mortgage rates drop for the first time in five weeks with experts adjusting their forecasts
Yahoo Finance· 5 days agoThe average 30-year fixed mortgage rate edged back toward 7% this week but remains elevated,...
PPI Report Shows Sticky Inflation. Why That Is Bad News for the CPI Print.
InvestorPlace· 11 hours agoThis only adds pressure to the Consumer Price Index (CPI) inflation report due later this week. The PPI, which gauges changes in manufacturer costs to suppliers, increased 2.2% on a yearly basis ...
House market showing signs of life says property portal Rightmove
Evening Standard via Yahoo Finance· 5 days agoIts website is often the first place many buyers enter the housing market. It said today that sales...