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In January, the fall in sales to the lowest since November 2015 level in the secondary housing market was recorded in the United States. According to the National Association of Realtors, the figure for December fell by 1.2% to 4 million 940 thousand homes. Economists forecast its growth to 5 million homes. These data, combined with a decrease in sales in previous months, indicate a weakening of the American housing market. At the same time, in January there was a minimum rate of increase in the cost of housing since February 2012. Compared to December, the average price increased by 2.8% and amounted to 247.5 thousand dollars. The number of houses put up for sale by sellers amounted to 1 million 590 thousand, which is 3.9% more than in December.
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
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 ...
June had seen Japan’s exports recording a double-digit decline for four consecutive months. This suggests that the novel coronavirus pandemic tipped the world’s third-largest economy into its sharpest postwar slump, highlighting ...
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