US September Pending Home Sales Flat Month-on-Month—Significantly Miss Expectations
US pending home sales were unchanged in September, sharply missing forecasts, as the housing market showed continued weakness despite lower mortgage rates and regional divergence in performance.
US Pending Home Sales Surge 4% in August, Far Exceeding Expectations
US pending home sales jumped 4.0% in August, sharply beating forecasts and signaling a surprise rebound in the housing market as lower mortgage rates spurred buyer activity.
Lennar Corp., backed by Warren Buffett’s Berkshire Hathaway, missed Q3 earnings estimates as revenue fell 8.7% year-on-year, highlighting persistent weakness in the US housing market and ongoing pressure from high interest rates.
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Buffett-Backed Lennar Misses Earnings Estimates as US Housing Slump Persists
Lennar Corp., backed by Warren Buffett’s Berkshire Hathaway, missed Q3 earnings estimates as revenue fell 8.7% year-on-year, highlighting persistent weakness in the US housing market and ongoing pressure from high interest rates.
US September Housing Market Index Unchanged from Previous Month—Sales Expectations Hit Six-Month High
US homebuilder sentiment remained flat in September, but future sales expectations reached a six-month high as mortgage rates declined and market optimism improved.
BI Signals Key Turning Point as US Housing Market Shows Signs of Thawing
US mortgage rates have fallen to their lowest in a year, sparking a surge in home purchase and refinancing activity as expectations for a Federal Reserve rate cut grow.
Heo Yoon-hong and Jung Won-joo Meet in US Housing Market—Silicon Valley VS Texas Mixed-Use Development
Daewoo E&C and GS E&C are advancing into the US housing market, with Daewoo targeting Texas mixed-use development and GS focusing on Silicon Valley apartments near tech giants.
US mortgage rates have fallen to a 10-month low, with the 30-year fixed rate at 6.56%, as declining rates and solid economic growth drive increased homebuying demand despite ongoing affordability challenges.
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US Mortgage Rates Fall to 10-Month Low—30-Year Fixed at 6.56%
US mortgage rates have fallen to a 10-month low, with the 30-year fixed rate at 6.56%, as declining rates and solid economic growth drive increased homebuying demand despite ongoing affordability challenges.
US Pending Home Sales Fall 0.4% in July, Missing Expectations
The US Pending Home Sales Index fell 0.4% in July, a sharper decline than expected, signaling continued caution among buyers despite modest improvements in mortgage rates and inventory.
The US housing market is experiencing its deepest slump since the 2009 financial crisis, with Rosenberg Research forecasting that falling home prices could push inflation below the Federal Reserve's 2% target, driving a sustained disinflationary trend through 2026.
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