Hints and tips:
...Sales of gold jewelry rose 7.97 per cent to 706.48 metric tons in 2023, boosted by innovation and lightweight designs of gold jewelry products, China Gold Association said....
...Fewer homeowners are willing to list their homes for sale and take on a higher mortgage rate....
...Houston-based Sunnova partners with solar panel companies and then leases equipment to homeowners, or sells to homeowners in power purchase agreements....
...About three-quarters of US homeowners have mortgages charging less than 4 per cent interest, according to JPMorgan Chase research....
...The result is that many homeowners feel trapped where they are....
...“If home prices continue to fall, banks could start calling in homeowners’ mortgage loans, and if that happens it would threaten the stability of the entire economy.”...
...The latest data from the Mortgage Bankers Association, covering the week to September 1, is due on Wednesday....
...Suddenly, the plan to pass the law before MPs rose for their summer recess was thrown into disarray....
...The cost of materials, such as plasterboard, rose dramatically and tradespeople’s day rates went up by 30 or 40 per cent.”...
...Lee himself is wearing a pair of burgundy-check trousers from the first collection, with raised ridges that mimic the gabardine weave used in Burberry’s trench coats....
...A domestic vacation homeowner does not.” Foreign buyers, in fact, make up only a small proportion of Vancouver’s property market....
...And just yesterday, the national association of homebuilders survey showed the first decline in homebuilder confidence in seven months, as customer traffic fell....
...US homeowners still pay an average mortgage rate of 3.75 per cent — roughly half the rate on new mortgages....
...So homeowners are not opting to sell. But they are not being forced out, either....
...On the supply side, a big increase in mortgage rates gives homeowners an excellent reason not to move....
...The median existing-home sales price rose 7.7 per cent from a year ago to $389,500, while marking the second consecutive monthly price decline....
...Its index of consumer confidence rose by 6 points to -30 in April. This seems to reflect a cautious optimism more widely....
...’ association....
...Homeowners can still make money from physical real estate. Investors in real estate stocks will find it more difficult....
...Owners’ equivalent rent, a measure of what homeowners believe their properties would rent for, rose 0.7 per cent....
...In the US, mortgage provider Freddie Mac’s 30-year mortgage rate rose to 5.23 per cent in May, the highest since 2009....
...The early 1990s downturn was, again, caused by interest rates — they were cut following the stock market crash of 1987, then rapidly increased as inflation rose towards the end of the decade....
...The S&P CoreLogic Case-Shiller National Home Price Index rose 19.2 per cent year on year in January....
...Data from the Association for Advancing Automation show that in 2021, sales of robots rose 28 per cent year on year to $2bn....
...The Consumers’ Association bought it in 1980 and turned it into the annual The “Which?” Wine Guide. That year I became wine correspondent of The Sunday Times....
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