BANK OF ENGLAND MONITORING HOUSING MARKET BOOM OF UNITED KINGDOM

Highlights:

• The Bank of England is monitoring the booming housing market of United Kingdom
• The monitoring comes as it has been weighing up the possibility that, a rapid covid-19 pandemic recovery will lead to inflation

One of the dep...

SALES IN U.S.A’s HOUSING MARKET RISES IN JUNE

Highlights –

• Sales in U.S.A’s housing market rises in June
• Single-family homes raced to a 13-year high.
• Last month new home sales rose by 13.8%.
• New home sales accelerated 6.9% from a year ago in June.

CORONAVIRUS TO AFFECT U.S. HOUSING MARKET

Highlights:

• The financial pullback from Chinese investors could impact the US housing market.
• Chinese investors play a vital role in the US housing market.
• They could take away billions of dollars from the market due to coronavirus.
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US HOUSING MARKET CRISES

The US housing market is heading towards crises. The prices of houses are rising as the scarcity of homes available for sales. The crises are predicted to be adverse as the one’s in 2008 which crashed the housing market back then.

The key factor which was considered to be responsi...

Can US economy be propped by housing market?

Despite a recent drop by retail sales, softer business defrayal and a holdup in job growth, the housing market keeps buzzing on. That is excellent news for an America economy that will want housing to stay the present recovery alive.

The National Association of Home Builders according t...