Large US homebuilders raise prices as existing home supply remains tight
By Ananta Agarwal (Reuters) – Publicly listed U.S. homebuilders are raising prices on new construction, taking advantage of an acute shortage of previously owned homes in the market as owners defer upgrading…
Sterling, Big Oil and homebuilders: the winners and losers from upcoming UK budget
By Amanda Cooper, Samuel Indyk and Harry Robertson LONDON (Reuters) – The moment of truth is almost here for Britain’s new prime minister Rishi Sunak and finance minister Jeremy Hunt. British markets…
Chinese homebuilders skirt discount limits with ‘fancy’ promotions -report
BEIJING – Chinese developers desperate to offload unsold homes are resorting to “fancy” ways to lower prices, seemingly circumventing rules against excessive discounting, a government-backed newspaper reported on Thursday. Developers in some…
U.S. homebuilders to feel pricing pinch from rising mortgage rates, inflation
By Kannaki Deka and Abhijith Ganapavaram (Reuters) – U.S. homebuilders will likely find it harder to raise home prices in the coming months as rising mortgage rates and inflation cut into demand,…
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