US new home listings plunge 21% with higher rates spooking sellers

May 7, 2023

ONE of the biggest issues facing the US housing market is a lack of homes available for purchase. And a new report is pinning some of the blame on higher mortgage rates.

Written by: sherwin@eyeconz.com

Real Estate News May 7, 2023

Majority of Sunac China creditors back debt restructuring plan

EMBATTLED property developer Sunac China Holding said on Thursday (May 4) that about 85 per cent of its existing bondholders had agreed to a proposal on debt restructuring.

Swedish home construction set to plummet this year, Nordea says

SWEDISH home construction is likely to plummet in the wake of falling housing prices, weighing heavily on the Nordic country’s economy, Nordea Bank Abp said in an outlook report.

Real Estate News May 9, 2023

New York’s smallest businesses face big rental hikes

THREE years after the pandemic flattened the Manhattan office market and the commercial ecosystem that depended on it, small businesses in the other boroughs are facing the biggest rent increases in the city. The burden is landing mostly on store owners in predominantly Black, Latino and Asian neighbourhoods, according to a new analysis of Department [...]

Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!

US new home listings plunge 21% with higher rates spooking sellers

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Majority of Sunac China creditors back debt restructuring plan

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Swedish home construction set to plummet this year, Nordea says

New York’s smallest businesses face big rental hikes

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Since most property valuation is derived by a neighbourhood of reasons, we felt that there are no better ways of informing our clients than making sense of current affairs. We advise buyers and sellers throughout your real estate purchase or sale process, ideally looking out for you. Contact Us!