In September, in the US secondary housing market, there was a decrease in sales for the sixth consecutive month. As reported by the National Association of Realtors (NAR), the September figure compared to the previous month fell by 3.4% to the lowest since November 2015 value of 5,150,000 homes. The fall in sales significantly surpassed analysts' forecasts, who had expected the figure to decline by 1.3% in September. In annual terms, sales in the secondary housing market in the country decreased by 4.1%. At the same time, the average cost of a house has been growing for 79 months already. In September, a house in the United States cost an average of 258 thousand 100 dollars. Over the year, the figure rose by 4.2%.
Apple, Google, Amazon, and Facebook’s chief executive officers faced Republican and Democratic U.S. lawmakers on Wednesday for the much-anticipated congressional hearing. The CEOs were questioned for alleged abuse of their market power ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...