That’s the question Wall Street and Main Street have been contemplating this week after another spike in interest rates. Stan Humphries, chief economist at Zillow, has a ready answer.
Palestinian Israel is going ahead with plans to build more than 1,000 settler homes in the West Bank, a spokesman said Thursday, a step that drew criticism from the Palestinians and may pose a challenge to peace efforts by …
JERUSALEM — Israel is going ahead with plans to build more than 1,000 settler homes in the West Bank, a spokesman said Thursday, a step that drew criticism from the Palestinians and may pose a challenge to peace efforts by Secretary of State John Kerry.
Israeli settlers are seeking approval for over 1000 new housing units in the northern West Bank settlements of Itamar and Bruchin, Israel media reported on Thursday. The Jerusalem Post said that plans to build 538 units in …
Momentum is building and that will translate to a continued rise in home prices in an abnormal housing market and recovery, says Michelle Meyer, senior U.S. economist at BofA Merrill Lynch Global Research.
An artificial reduction in housing supply has resulted in “what looks like a housing recovery to the rest of us, but is, in fact, something of a trap,” says Heidi Moore, U.S. finance and economics editor at the Guardian.
‘That was wonderful, darling. Did the earth move for you too?’
Sir Mervyn King said the economy was in a ‘modest recovery’ but added that ‘we certainly can’t be satisfied with it’.
Ground-breaking for new U.S. homes plummeted more than expected in April from an almost five-year high, but applications to build new homes shows the housing sector could still contribute to the strengthening economic recovery.
The Housing Shell Game: Prices Up, Ownership Down – OpEd Eurasia Review.
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