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A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
2022 was a wild year for the real estate market as interest rates climbed and inflation soared. The new year is looking to be rife with challenges for both buyers and sellers, as mortgage rates are...
Real estate economics is the application of economic techniques to real estate markets. It aims to describe and predict economic patterns of supply and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business ...
U.S. existing home sales dropped more than expected in January after three straight monthly increases as high mortgage rates and house prices stifled demand. Home sales decreased 4.9% last month ...
Demographic trends are creating new buyers: There’s strong demand for homes on many fronts. Many Americans who already owned homes decided during the pandemic that they needed bigger places ...
No. Region Home ownership rate(%) Date [2] [3]; 1 Kazakhstan 98: 2024 2 China 96: 2022 3 Laos 95.9: 2015 4 Romania 95.6: 2023 5 Albania 95.3: 2023 6 Slovakia 93.6: 2023 7 Russia 92.60
Global stock market corrections and volatility. January 2–21: January 2008 stock market downturn. January 24: The National Association of Realtors (NAR) announced that 2007 had the largest drop in existing home sales in 25 years, [89] and "the first price decline in many, many years and possibly going back to the Great Depression." [90]
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