Tag: mortgage rates
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Canadian Home Sales Rise Again as Rate Cuts Attract Buyers
Canada’s Home Market Sees Fresh Momentum Canadian home sales moved higher for the sixth of the last seven months in October, signaling a notable shift as rate cuts and cheaper mortgage costs draw buyers off the sidelines. The national market logged 40,423 homes sold in October, up 0.9% from September, according to data released by…
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Canadian Home Sales Rise as Rate Cuts Draw More Buyers
Canada’s Housing Market Gets a Lift as Rates Drop Canadian home sales have shown resilience, climbing for six of the past seven months as declines in borrowing costs entice buyers off the sidelines. In October, national activity rose 0.9% from September, signaling a cautious recovery in a market that has been sensitive to interest-rate movements…
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Housing values flat overall; declines in Auckland, Whangārei & Tauranga
NZ housing market holds steady overall as regional dips emerge New Zealand’s housing market finished October with broadly flat dwelling values, according to the QV House Price Index. While the national average remained steady, regional variations highlight how demand and supply dynamics are shifting at a more granular level. What the latest QV data shows…
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Why First-Time Homebuyers Are Aging Out of the Market (And What It Means for Housing Policy)
Sunken Start: The New Reality for First-Time Buyers For years, the dream of owning a home has felt within reach for many, especially young professionals starting families. But a combination of persistently high prices, rising mortgage rates, and tight supply has frozen a large share of would-be buyers. The result is a notable shift: first-time…
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Why First-Time Homebuyers Are Aging Out of the Market—and What It Means for You
The New Reality for First-Time Buyers For years, aspiring homeowners faced a challenging but navigable path to homeownership. Today, that path is widening in age, cost, and competition. The housing market is revealing a persistent trend: first-time buyers are getting older as they wait for the right opportunity, while the overall pathway to ownership tightens…
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Aging First-Time Buyers Signal a Shift in the U.S. Housing Market
Introduction: A Market in Flux For years, housing market reports painted a picture of young couples and hopeful families sprinting toward homeownership. Today, that vision is changing. The National Association of Realtors (NAR) has highlighted a growing trend: first-time buyers are aging, with many delaying purchases due to high prices, rising mortgage rates, and tighter…
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UK House Prices Hit Record High as October Growth Outstrips Forecasts
Overview: October Defies Forecasts with a Substantial Rise UK housing markets continued to defy political headwinds and uncertainty around government policy, as Halifax reported a 0.6% month-on-month rise in house prices in October. This marked the strongest monthly increase since January, reinforcing a trend of resilient demand and tighter supply in the market. While the…
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UK House Prices Hit Record High: October Growth Surges, Halifax Reports
Overview: Prices Reach a Fresh Peak UK house prices climbed by 0.6% between September and October, according to lender Halifax, marking the strongest monthly increase since January. The uptick comes despite lingering political uncertainty surrounding the Budget and broader economic headwinds. As affordability pressures and mortgage rates evolve, the October data suggests demand remains resilient…
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UK house prices surge to record high as October growth outpaces forecasts
UK house prices hit a record high as October growth outstrips forecasts UK house prices rose at the fastest pace in several months in October, according to lender Halifax, defying ongoing political uncertainty ahead of the Budget. The lender said prices climbed by 0.6% from September to October, marking the biggest monthly increase since January.…
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Living with the Pain: The Risk of No More Interest Rate Cuts After the RBA’s SMP
Overview: A Split Signal from the RBA The Reserve Bank of Australia’s latest quarterly Statement on Monetary Policy (SMP) presents a nuanced picture: cautious optimism in some sectors alongside persistent headwinds that could limit future relief from official interest rate cuts. For households and businesses, the message is clear enough to warrant attention: while rate…