Housing Market News
Bank of Korea Eyes First Policy Pivot in Years on Signs of Cooling Property
The Bank of Korea is expected this week to conduct a long-awaited policy pivot, joining global peers in embarking on an easing cycle after the housing market showed signs of cooling and inflation eased below its target.
4 min read8 Oct 2024China Home Sales Slump Intensified in September, Before Stimulus
China’s residential slump deepened in September before the government released a basket of measures to put a floor under the yearslong property crisis.
1 min read30 Sep 2024South Koreans See Home Prices Edging Up Further, Survey Shows
South Koreans expect the housing market to keep getting hotter, according to a central bank survey that’s likely to keep policymakers wary about the risk that an interest-rate cut might amplify consumer appetite for mortgage loans.
1 min read25 Sep 2024Koreans Expect Hotter Home Prices With Central Bank Set to Meet
South Koreans expect the housing market to heat up further, according to a Bank of Korea survey, in data likely to boost bets that the central bank will keep its policy settings on hold later this week.
1 min read20 Aug 2024Average rate on a 30-year mortgage ticks up to 6.49%, near its lowest level in more than a year
Average rate on a 30-year mortgage ticks up to 6.49%, near its lowest level in more than a year
2 min read16 Aug 2024US Treasury to devote extra $100 mln over 3 years to affordable housing
USA-TREASURY/YELLEN (UPDATE 2, PIX):UPDATE 2-US Treasury to devote extra $100 mln over 3 years to affordable housing
2 min read25 Jun 2024US home sales post second straight monthly drop; house prices accelerate
USA-ECONOMY/ (WRAPUP 2, PIX):WRAPUP 2-US home sales post second straight monthly drop; house prices accelerate
4 min read22 May 2024US Existing-Home Sales Decline as Rates Keep Buyers Sidelined
Sales of previously-owned homes in the US fell in March from a one-year high, underscoring the lingering impact of high mortgage rates and elevated prices.
2 min read18 Apr 2024China Home Sales Slump Intensified in September, Before Stimulus
China’s residential slump deepened in September before the government released a basket of measures to put a floor under the yearslong property crisis.
1 min read30 Sep 2024US Treasury to devote extra $100 mln over 3 years to affordable housing
USA-TREASURY/YELLEN (UPDATE 2, PIX):UPDATE 2-US Treasury to devote extra $100 mln over 3 years to affordable housing
2 min read25 Jun 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared