Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Buying a house is a big deal, but one recent real estate story has left many people scratching their heads. A seller on Reddit shared how their “dream home” deal collapsed after the buyers pulled their offer for […]
January’s Consumer Price Index (CPI) saw inflation rise by 0.5% month-over-month and 3.0% year-over-year, as reported by the US Bureau of Labor Statistics (BLS), above economist estimates for 0.3% monthly and 2.9% annually. One particular caveat to this hotter-than-expected inflation print is “this is the month of January, lots of businesses raised prices during this […]
Cofotoisme | E+ | Getty Images How long it takes you to save for a 20% down payment on a home depends in part on where you live. In a pricey area such as New York City, it could take the typical buyer roughly 10.85 years to save $173,000, which is 20% of the median […]
The U.A.E. real estate tycoon and friend of Donald Trump’s has a history of flamboyant marketing and audacious projects, but will he be able to come up with the promised $20 billion? Hussain Sajwani makes his case from Mar-a-Lago. By Giacomo TogniniForbes Staff President-elect Donald Trump is scoring deals and making headlines even before he […]
An artist’s rendition of the 777-unit The Orie residential condominium project in Top Payoh in … [+] central Singapore. Courtesy of City Developments City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—and its joint venture partners Thai tycoon Charoen Sirivadhanabhakdi and Japan’s Sekisui House will start selling their prime residential condominium project in central Singapore […]
Ten Killed in New Orleans as Vehicle Hits Crowd
There’s good news in the housing market to close out 2024: there’s a lot more supply. The bad news: a lot of that supply is stale, sitting unsold for much longer than usual. Active listings in November were 12.1% higher than they were in November 2023 and hit the highest level since 2020, according to […]
People standing outside astore at Pitt Street Mall in Sydney, New South Wales, Australia, on Boxing Day. Bloomberg | Bloomberg | Getty Images Asia-Pacific stocks mostly rose Thursday, with several markets remaining closed for Boxing Day. Japan’s Nikkei 225 rose 0.44%, while the Topix added 0.49%, a day after a report said the country was […]
As the U.S. continues to face a shortage of available homes, some may be looking at those occupied by “empty nesters” as an incoming source of inventory. As older residents begin to downsize, the thinking goes, the millions of homes they currently own will fill the deficit, thus bringing housing costs down. However, those units […]
BlackRock expects infrastructure and cybersecurity plays to shine in 2025. Jay Jacobs, the firm’s U.S. head of thematic and active ETFs, cites the artificial intelligence boom as a major catalyst. “It’s still very early in the AI adoption cycle,” he told CNBC’s “ETF Edge” this week. According to Jacobs, AI companies need to build out […]
