Daily summary of Real Estate Industry updates (2025-01-22)
On January 22, the Ministry of Natural Resources, the Ministry of Finance, the People's Bank of China, and the National Financial Regulatory Administration jointly issued the "Land Reserve Management Measures," aimed at strengthening and regulating land reserve management to promote the rational use and optimization of land resources.
South Carolina Housing Sells $172M of Mortgage Revenue Bonds
Home Builders Say Cancellations Are Climbing As Mortgage Rates Continue To RiseFreddie Mac Said Thursday That the Average 30-year Fixed-rate Mortgage Rose Above 7%
Average Rate on 30-year Mortgage Hits 7%, Its Fifth Straight Increase and Highest Level Since May
Trump's Energy Secretary, December Shelter Inflation: Catalysts
Housing Inflation Pressures Ease in Encouraging Sign for Fed
Shelter Inflation Signals Moderation as Home Prices 'Calm Down'
December Consumer Inflation Accelerates, Core Rates Miss Estimates
If You Invested $10,000 In CTO Realty Growth Stock 10 Years Ago, How Much Would You Have Now?
December US Median Inflation Expectations Unchanged for Short Term, Accelerates for Medium Term, According to NY Fed Survey
Stock Markets Now Lower Than Before Trump Victory BumpThe Stock Markets Face Several Headwinds Including Inflation Leading to a Pause in Rate Cuts
10 Cities Where Home Prices Are Expected To Drop the Most Over the Next Year
Daily summary of Real Estate industry trends (2025-01-10)
On the 10th, Lin Zechang, Director General of the Comprehensive Department of the Ministry of Finance, stated at the press conference on "The Effectiveness of High-Quality Development in China’s Economy" held by the State Council Information Office that the expansion of the scope of special bond usage allows for use in two areas related to Real Estate, both of which are policies aimed at increasing effective demand. Within the newly issued quota of special bonds in 2025, local governments can arrange for land reserves and the purchase of existing Commodity housing as needed; these two policies will be gradually released in 2025.
America's Frozen Housing Market Is Finally Starting to Thaw
Daily summary of Real Estate Industry trends (2025-01-06)
The Monetary Policy Committee of the People's Bank of China convened its regular meeting for the fourth quarter of 2024. The meeting discussed the work related to deepening the structural reforms on the supply side of finance, pointing out the need to guide large Banks to play a leading role in financial services for the real economy, promote small and medium-sized Banks to focus on their main responsibilities, support Banks to replenish capital, and jointly maintain the stable development of the financial market.
Planning Your 2025 Finances During an Inflation Dip
Mortgage rates are approaching 7%, and the Real Estate market in the USA is facing ominous signs.
High borrowing costs are squeezing demand, leading to a nearly 7% drop in the MBA's mortgage application index for the week of the 27th, falling to its lowest level since mid-November.
November US Construction Spending Flat, Residential Building Up
In October, house prices in the USA reached a new high, but the growth rate slowed down. An increase in listings helped buyers negotiate, with New York leading the top 20 cities.
The latest data shows that in October, the USA housing price Index reached a record high for the 17th consecutive month, although the growth rate slowed down with a year-on-year increase of 3.6%, down from 3.9% in September. In addition, prices in the 20 major cities rose by 4.2% year-on-year, also a slowdown from the previous month's 4.6%, with New York City experiencing the highest increase at 7.3%.
October Case-Shiller US Home Price Index Declines Further