Condo prices in Toronto carve out two-year low, house prices just a hair behind. By Wolf Richter for WOLF STREET. House prices in Canada have now fallen by 18% from the peak in March 2022 – or by […]
Mortgage rates dropped a lot, but not nearly enough to hit the magic level that thaws out the housing market. Now they rose again. By Wolf Richter for WOLF STREET. Hype in the media about real estate going […]
For the fourth year in a row, liberal California topped U-Haul’s Growth Index list for having the largest net outbound movers in 2023. U-Haul publishes its Growth Index report every year, analyzing the difference between the number […]
Despite enormous federal and state subsidies for rooftop solar installations, the industry is failing due to a change in California’s “net metering” law that lowered the rate that rooftop homeowners could receive for their excess […]
Communities in southern Maine are collaborating on a pilot program that aims to help residents overcome cost and logistical barriers to accessing climate-friendly home energy upgrades. Five towns and two regional nonprofits received a three-year, […]
The new year brings with it new legal expectations from the city and county of Denver that require all existing commercial, multifamily, and public buildings 25,000 square feet and larger to comply with stringent “energy […]
A similar drop in mortgage rates a year ago to even lower rates didn’t turn up sales volume either – on the contrary. By Wolf Richter for WOLF STREET. The dream is, or was, that mortgage rates dropped […]
Down from 2022 highs: San Francisco -12%, Seattle -11%, Portland -6%; Denver, Phoenix, Las Vegas -5%; Dallas -4%, San Diego -2%, Los Angeles -1%. But new highs in 8 metros. By Wolf Richter for WOLF STREET. Today’s S&P […]
Biggest home-price drops in the data going back to 2000 triggered by the biggest QT and highest rates in ECB history. By Wolf Richter for WOLF STREET. Germany is a great example of what ultra-low interest rates and […]
But overall and “core” PCE price indexes decelerated, on plunging gasoline prices, a dip in food prices, and a continued big drop in durable goods prices. By Wolf Richter for WOLF STREET. The fly in the ointment in […]
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