Property News
American
Property News for 15 October 2019
Lower mortgage rates are causing an epic housing shortage
CNBC - 15 Oct 2019 16:54
A lull in home sales earlier this year helped build much-needed supply, but a sharp drop in rates this summer brought demand back and has dramatically depleted that inventory.
Layoffs expected at WeWork in coming weeks
CNBC - 15 Oct 2019 20:48
CNBC's Deirdre Bosa gives new details on reports saying that WeWork could see layoffs in the coming weeks following its botched IPO.
US housing shortage could get even worse--here's why
CNBC - 15 Oct 2019 18:50
CNBC's Diana Olick reports how a sharp drop in mortgages rates this summer brought demand back for entry-level homes and has depleted that supply dramatically.
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