U.S. homebuilding rebounded less than expected from a nine-month low in July, suggesting the housing market was likely to tread water for the rest of this year against the backdrop of rising construction costs and labour shortages.
Emails released by the US Department of Justice (DOJ) show RBS bankers joking about destroying the housing market before the 2008 crash.
RBS’s chief credit officer described the products he was selling to investors as "total f****** garbage"...
China's new home prices accelerated at their fastest pace in almost two years in July, led by smaller cities and highlighting challenges policymakers face in stimulating a slowing economy without fueling a property bubble.
Shares of home improvement giants Lowe’s Companies, Inc. (NYSE: LOW) and Home Depot Inc. (NYSE: HD) are rising. Lowe’s plans to release earnings data later this month, and Home Depot’s results are indicative of the current market.
Analysis by New Economics Foundation says lost jobs are a £1.5bn cost to GDP
The DIY chain Homebase is expected to reveal the closure of up to 80 stores this week as job losses from Britain’s high streets total more than 30,000.
Oops! Unable to complete your request. Please refresh your browser.