Finance News – Home Sales
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Canadian home sales rose 6.6% in July compared to same time last year
The increase in Canadian home sales during July reflects a strengthening housing market, which may positively influence related sectors such as construction, mortgage lending, and...
Read Full Article →Unlock Your Home Equity: Why Ending Capital Gains on Home Sales Would Be a Game Changer for Retirees
Eliminating taxes on profits from selling residences could provide retirees with greater financial flexibility, enabling them to access home equity and make significant lifestyle a...
Read Full Article →Homeowners in these states are the winners if Trump ends capital-gains taxes for home sellers
Eliminating capital-gains taxes on home sales could provide significant financial benefits to property owners in certain regions, potentially encouraging more transactions in a sta...
Read Full Article →June home sales drop as prices hit a record high
The decline in home sales during June reflects rising prices and sustained high mortgage rates, while an increasing supply suggests potential shifts in market dynamics and affordab...
Read Full Article →Why cutting capital gains tax on home sales wouldn't solve the country's housing issues
Reducing taxes on profits from selling homes primarily advantages wealthier sellers and is unlikely to address broader affordability challenges faced by most potential buyers.
Read Full Article →GTA home sales down year-over-year in June, listings up: real estate board
The decrease in property transactions alongside an increase in available homes may affect market dynamics and pricing trends in the Greater Toronto Area's real estate sector.
Read Full Article →Sales of new homes tanked in May, pushing supply up to a 3-year high
The decline in new home purchases during May led to increased inventory levels, reflecting the impact of elevated prices, rising mortgage costs, and cautious buyer sentiment on the...
Read Full Article →Home sales remain sluggish as some ‘stubborn sellers’ refuse to give in on price
The moderate increase in existing home transactions reflects ongoing challenges in the market, where elevated borrowing costs and persistent asking prices continue to limit buyer a...
Read Full Article →Lennar Tops Revenue Estimates, Profit Falls Short as Discounts Fuel Home Sales
Lennar's revenue exceeded expectations due to increased home sales driven by promotional pricing, although overall profitability declined compared to previous periods.
Read Full Article →Home sales at 'crisis levels' in sagging market, say realtors
Declining home purchases reflect economic uncertainty, as potential buyers remain hesitant to invest despite favorable borrowing costs due to concerns over job security and overall...
Read Full Article →UK homeowners selling for 4.5% below asking price, survey shows
In May, increased housing supply and higher transaction volumes led sellers to accept offers averaging roughly £16,000 less than their initial expectations, reflecting shifting mar...
Read Full Article →The luxury housing market is cracking — and tech-heavy cities are getting hit hardest
Recent data indicates that high-end residential property transactions have declined notably, with metropolitan areas known for technology industries experiencing the most significa...
Read Full Article →Home sales poised to slump even more as mortgage rates hit three-month high
Rising mortgage rates have increased borrowing costs, potentially reducing buyer demand and further slowing the already weak housing market this spring.
Read Full Article →Lowe's beats Wall Street on earnings, even as the housing market chills
Lowe’s reported stronger-than-expected profits despite challenges from a cooling housing market, indicating resilience in its financial performance amid broader industry demand sof...
Read Full Article →Tariff Turmoil Takes a Bite Out of Spring Home Sales
The increase in import duties has contributed to a noticeable decline in residential property transactions during the spring season, impacting overall market activity and potential...
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