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The US National Association of Realtors reported that in November, the secondary housing market in the country showed sales growth of 1.9% regarding October. In total, 5 million 320 thousand homes were sold, which exceeded analysts' forecast of 5 million 200 thousand homes. The average price of a house was $257,700, an increase of 4.2% compared with November last year. At the same time last month there was a decrease in the supply of homes by 5.9% to 1 million 740 thousand. Single-family homes were sold in November 1.9% more than in October, while sales of apartment buildings increased by 1.7%.
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 ...
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 ...
The euro steadied at four-month highs on the dollar after investors pinned hopes on the EU economic rescue fund as European leaders are expected to break a deadlock and agree on a deal. EU leaders had differing stands on the proposed 750 billion ...
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