Property News
American
Property News for 21 November 2023
Home sales slumped to slowest pace in more than 13 years in October as prices, borrowing costs, soar
Chicago Tribune - 21 Nov 2023 21:18
The last time sales slumped this hard was in August 2010, when the housing market was in recovery from a severe crash.
Home sales fell to a 13-year low in October as prices rose
CNBC - 21 Nov 2023 17:26
Sales of previously owned homes fell to a 13-year low in October, due to high prices, swollen mortgage rates and a low supply of homes for sale.
Sunac shares surge 21% as Chinese property developer says it's met restructuring conditions
CNBC - 21 Nov 2023 05:08
Shares of Chinese property developer Sunac surged 21% after it said restructuring conditions had been satisfied and plans to overhaul its debt has taken effect.
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