World News
Greater Orlando Area Home Sales Dive 15 Percent in September
According to new data from the Orlando Regional Realtor Association, Central Florida's housing inventory for September 2024 reached 11,560, marking a 0.4% increase from August's figure of 11,511.
Hong Kong Housing Market Benefits from Mainland China Policy Stimulus
Recent rate cuts and rising stock prices offer positive news for Hong Kong's property market. However, the weak economy and cautious pricing from developers persist.
Lower Energy Costs Drive Lower U.S. Construction Input Prices in September
According to new analysis by the Associated Builders and Contractors based on data from the U.S. Bureau of Labor Statistics' Producer Price Index, U.S. construction input prices fell by 0.9% in September 2024 compared to the previous month, Nonresidential construction input prices also dropped by 0.9% during the same period.
California Realtors Predicting a Rosier 2025 for Local Home Sales
The California Association of Realtors (C.A.R.) has recently released its 2025 housing and economic forecast, predicting a more favorable interest rate environment that will ease the current "lock-in" effect, leading to improved housing inventory.
U.S. Home Foreclosures Down 13 Percent Annually in Q3
According to ATTOM's newly released Q3 2024 U.S. Foreclosure Market Report, a total of 87,108 U.S. properties had foreclosure filings in the third quarter of 2024, representing a 2 percent decrease from the previous quarter and a 13 percent decline from the same period last year.
