Property News
American
Property News for 27 July 2022
Top Federal Reserve officials say they misread inflation and now plan to correct the course
CNBC - 27 Jul 2022 14:05
It's the Federal Reserve task to tame inflation that is running at a pace not seen in four decades. To do so, it has been hiking interest rates at a fast pace.
Homeowners in Singapore could soon feel the pinch from rising mortgage rates
CNBC - 27 Jul 2022 03:43
Homeowners in Singapore are starting to tighten their belts as they will soon face higher mortgages, thanks to rising interest rates.
Alderman calls for repeal of Mayor Lightfoot's inflation-tied property tax increases
Chicago Tribune - 27 Jul 2022 21:25
With inflation soaring, the city tax levy could balloon this year, even with a 5% cap that's part of the ordinance.
Pending home sales fell 20% in June versus a year earlier as mortgage rates soared
CNBC - 27 Jul 2022 16:43
The decline in sales coincided with mortgage rates soaring to over 6% last month.
Mortgage demand declines further, even as interest rates drop a bit
CNBC - 27 Jul 2022 13:00
Mortgage demand continues to drop, even though interest rates have come down slightly from recent highs.
China's property sales are set to plunge 30% -- worse than in 2008, S&P says
CNBC - 27 Jul 2022 09:13
China's property sales are set to plunge this year by more than they did during the 2008 financial crisis, according to new estimates from S&P Global Ratings.
Ken Griffin lists Chicago condos for $13M and $16M as he prepares to move his hedge fund to Miami
Chicago Tribune - 27 Jul 2022 05:58
Billionaire Ken Griffin listed two Chicago condos for sale Tuesday one month after announcing plans to move his company to Miami
Global
Great Britain
Indian
South Africa