Housing Shock: New Home Sales Unexpectedly Soar To One Year High
New home sales jump to 683,000, must higher than expected.
House Prices
Arrested Development? Record Number of Britons Still Living at Home with Parents
A record number of British adults are still living at home with their parents as younger generations put off marriage and raising children, the country’s official statistician revealed on Friday.
Taking on China? Canada Floats Two-Year Ban on Foreigners Buying Real Estate
Canada has proposed a two-year prohibition on foreigners buying real estate, in a potential shot across the bow against Communist China.
Fed Divided: Minutes Reveal Rare Rift on Bond Purchases
Fed officials are not just divided over when to taper. They also disagree about how to reduce their bond purchases.
Berlin Freezes Rent as Population Boom Creates Housing Shortage, Cost Spike
BERLIN (AP) – Berlin is freezing the rents of 1.5 million apartments for the next five years starting this Sunday in a controversial move to control the exploding costs that have forced many to move outside Germany’s capital city.
