Confidence in housing is breaking new records, soaring in January in the Fannie Mae Home Purchase Sentiment Index® (HPSI). The HPSI overall posted 89.5 in January, 3.7 percentage points higher than the month prior and 6.8 percentage points higher than the year prior.
The ascent can be attributed to homeowners recognizing sale value, says Doug Duncan, chief economist and senior vice president at Fannie Mae. Moreover, prices are rising steadily, and the belief that they will continue to do so is tracking up.
Ex-NBA assistant coach RJ Adelman killed after being struck by van
R.J. Adelman, the 44-year-old son of longtime NBA head coach Rick Adelman, died after a Feb. 2 auto accident in Houston in which he was struck while crossing the street. A spokesman from the Houston Police department confirmed Adelman's death, adding ...
Stocks endure another day of volatility as US bond yields creep up
Following news from the UK that Bank of England governor Mark Carney is planning to raise interest rates earlier and more sharply than previously thought, AIB fell by 0.54 per cent to €5.51 while Bank of Ireland was up by 0.26 per cent at €7.64. The ...
pv magazine USA
EU, China request consultation with US over solar tariffs
pv magazine USA
Ian Clover. Ian joined the pv magazine team in 2013 and specializes in power electronics (inverters) and battery storage. Ian also reports on the UK solar market, having worked as a print and web journalist in Britain for various multimedia companies ...
Long-term US mortgage rates climb for fifth straight week
WASHINGTON — Long-term U.S. mortgage rates climbed for the fifth straight amid investors' growing concern about inflation. Mortgage giant Freddie Mac says the average rate on 30-year, fixed-rate mortgages shot up to 4.32 percent this week, up from 4 ...
Dream homes: Five tempting properties for sale in Tuscany
Because the supply of real estate in this UNESCO World Heritage Site is limited, expect to pay a premium for the privilege of sipping a latte in the shadow of the majestic terracotta-tiled dome of 15th-century Santa Maria del Fiore cathedral or taking ...
- Luxury buyers quick to act in Toronto's high-end market The Globe and Mail Full coverage