Business
US existing home sales rebound in October
Existing home sales rebounded sharply in October as buyers rushed into the market to take advantage of a brief decline in mortgage rates.
2023
Report: Average Age Of U.S. Homebuyers Reaches Record High Of 56
A new report suggests that the average age of an American homebuyer in the U.S. has hit a record high of 56-years-old, according to the National Association of Realtors’ (NAR) yearly state-of-the-market report released on Monday.
Bank of America
Big US banks expected to be cautious on shareholder payouts
Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks.
1990s
Report: U.S. Home Prices Increased 47% On Average Since 2020
A recent analysis by ResiClub of the Case-Shiller National Home Price Index has unveiled a staggering increase in U.S. home prices, soaring a hefty 47.1% since 2020.
benchmark overnight interest rate
Fed to hold rates steady as inflation dims hopes for policy easing
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
average cost of living
Realtor: U.S. Residents Must Earn $120,000 Annually To Afford A Home, ‘The Old American Dream Died’
Residents in the United States must make $120,000 a year in order to afford an average middle-class lifestyle and to have the ability to purchase a house, at least according to one realtor in Orlando, Florida.