Property News
Iran strike solidifies lower U.S. mortgage rates
CNBC - 3 Jan 2020 19:43
The average rate on the U.S. 30-year fixed mortgage is now at the lowest level in a month, thanks to a run on the bond market overnight. Investors fled to the relative safety of bonds, after the U.S. confirmed an airstri...
Sales of Manhattan's priciest apartments plunge almost 40% in fourth quarter
CNBC - 3 Jan 2020 18:49
While many brokers say they're optimistic about a potential turnaround in 2020, real estate experts say they expect a continued -- though perhaps slower -- decline this year as tax pressures and rising inventory keep buy...
Australia's housing market may be 'oversupplied': Strategist
CNBC - 3 Jan 2020 10:49
The Australian real estate market may be a "big issue" for the country's central bank, says Mathan Somasundaram of Blue Ocean Equities. He also explains why he sees the Australian dollar headed higher rather than lower.