Tag: property markets

February 23, 2024 BY Elizabeth Anderson

January US property sales achieve a five-month high

The year-on-year comparison, however, shows a 1.7% decline. Based on Reuters data, January sales predictions came to 3.97 million units as opposed to the realised 4.00 million units. As residential resales are only valid after finalising agreements, these totals most likely reflect deals in the two months preceding January 2024. In December 2023, the average…

Read more
January 12, 2024 BY Elizabeth Anderson

Movements in China’s imports and exports may give its economy a much-needed boost

According to Reuters, Chinese policymakers are relieved about the uptick in global trade as it could signal lower borrowing costs. Others, however, are quick to point out that the second-largest global economy still faces issues in its property market, overly careful consumers, and geopolitical hurdles that may hobble any gains. The year-on-year December comparison between…

Read more