New home construction in the U.S. fell last month to the lowest levels not seen since the beginning of 2021, but Home Depot Inc shares are surging Tuesday on the back of record numbers. Here's a look at how the home improvement retailer managed to beat expectations amid continued evidence of a slowing housing market.
About 63,000 home-purchase agreements were called off in July, equal to 16% of homes that went under contract that month. Nationwide, roughly 63,000 home-purchase agreements fell through in July, equal to 16.1% of homes that went under contract that month, according to a new report from Redfin, the technology-powered real estate brokerage.
James Hardie cut its annual profit forecast on Tuesday, marking a dramatic shift in stance from the world's top fibre cement maker as soaring operating costs and a cooling property market ate into margins in all three operating regions.
All figures in USD unless stated otherwise TORONTO, Aug. 10, 2022 Halo Collective Inc. (HCANF) today announced that its Budega Hollywood Dispensary, the Company's first superstore, passed its Los Angeles Department of Cannabis Regulation inspection and is expected to open in 2022. Katie Field commented, "This is a significant milestone towards our third planned Budega opening in the Los Angeles market.
With Site Plans Approved, County is Poised to House Californias Only Fully Permitted Inland Port Today, the Kern County Board of Supervisors took the decisive action of issuing a proclamation to support the approved site plans for the Mojave Inland Port.
A dearth of buyers and relatively few new listings are leading to an uptick in homes sitting on the market longer than a month The share of U.S. homes that were listed for 30 days or longer without going under contract increased 12.5% in July from a year earlier, according to a new report from Redfin, the technology-powered real estate brokerage.
SAN FRANCISCO, Aug. 8, 2022 The global flooring market size is expected to reach USD 398.27 billion by 2030 and is expected to register a growth of 5.6% during the forecast period, according to a new report by Grand View Research, Inc. This growth can be attributed to rising construction activities like the construction of new hospitals, residential spaces, office spaces, malls, and hotels to ...
NEW YORK, Aug. 5, 2022 The "Vacation Rental Market by Geography and Market Landscape - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. For more highlights on the parent market analysis - Request a FREE Sample Now! To learn about additional key drivers, trends, and challenges - Request a FREE Sample Report right now!
Measures of homebuyer activity such as online searches, requests for tours and agents help, and mortgage applications rose as mortgage rates fell below 5% More homebuyers are returning to the market, motivated by a decline in mortgage rates and a record share of listings with price drops, according to a new report from Redfin, the technology-powered real estate brokerage.
Home prices in the Greater Toronto Area fell for the fifth straight month in July, as rapidly rising interest rates further doused the city's once-red-hot housing market, data from the Toronto Regional Real Estate Board showed on Thursday.
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