Property News
August pending home sales soar to a record high, fueled by rock-bottom mortgage rates
CNBC - 30 Sep 2020 16:00
Pending home sales rose 8.8% in August, reaching a record high pace, according to the National Association of Realtors survey, which dates back to January 2001. Sales were 24.2% higher than August 2019.
These cities are at risk of a housing bubble as home prices inflate worldwide
CNBC - 30 Sep 2020 18:22
Despite a global recession brought on by the coronavirus pandemic, home values around the world continue to rise, with some markets at risk of overheating.
Mortgage demand falls nearly 5%, even as interest rates set another record low
CNBC - 30 Sep 2020 13:42
Mortgage applications to purchase a home fell 2% for the week but were 22% higher than one year ago, according to the Mortgage Bankers Association.