Stories Related to Home Prices Are Falling At The Fastest Pace Since 2022 As Stubborn Interest Rates Slash Demand

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Mon, 06/03/2024 - 4:23pm

Home prices are falling at the fastest pace since 2022 as stubborn interest rates slash demand

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US prices didn’t rise last month for the first time since November
Prices in the US didn’t rise in May, marking the first time since November that there was no monthly increase.
06/27/2024 - 11:46 pm | View Link
Labour risks higher mortgage bills and worse unemployment, says HSBC
Worklessness is costing manufacturers £6bn in lost output as tens of thousands of factory jobs go unfilled. Make UK, the trade body representing the manufacturing sector, warned that a shortage of ...
06/17/2024 - 12:05 pm | View Link
Consumers want a break on prices and interest rates but Fed keeps rates high
Economic activity has continued to expand at a "solid pace ... raising prices, people were willing to pay it," Greiner said. Now, many went through that savings. Many are paying more money toward ...
06/12/2024 - 8:37 am | View Link
Fed holds interest rates steady at 23-year high
At six consecutive meetings spanning nearly a year, the Fed has opted to hold rates steady in response to elevated inflation and robust economic performance. Economists expect the Fed to continue that ...
06/12/2024 - 7:47 am | View Link
Fed holds interest rates steady at 23-year high despite US inflation easing slightly in May
Inflation has fallen significantly from a peak of 9.1%, but price increases have barely budged in recent months and remain more than a percentage point higher than the Fed's target rate of 2%. The Fed ...
06/12/2024 - 7:33 am | View Link
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