Philip Chua Business Blog

Posts Tagged ‘housing market’

No matter what we do or how long our day goes on for, we eventually retreat to our homes in the evening. In similar fashion, and because the housing market is at the epicenter of this Great Recession, economists find themselves constantly going back to scrutinizing housing markets. A sustainable…

The housing market is in the midst of a rocky recovery, but it’s too soon to declare the end of one of the worst slides since the Great Depression.

Business – Real estate – Residential – National Association of Realtors – Real estate economics

FINANCE Minister Tharman Shanmugaratnam yesterday said the government will use every tool at its disposal ‘in a calibrated fashion’ to prevent boom and bust in the property market. One day after the Monetary Authority of Singapore served notice of further action to cool the housing market if needed, in the face of growing speculation risks, Mr Tharman spoke about the need to manage the property cy… more

AP – Two former Bear Stearns hedge fund managers went on trial Wednesday in one of the few criminal cases brought against Wall Street executives in connection with the housing market collapse.

AP – Amid uncertainties about strength of the budding recovery, Federal Reserve policymakers last month were conflicted over whether to expand or cut back a program intended to drive down mortgage rates and prop up the housing market, according to a document released Wednesday.

A new document shows Federal Reserve policymakers were conflicted over whether to expand or cut back a program intended to drive down mortgage rates and support the housing market.

New home sales rose a tepid 0.7 percent last month, missing Wall Street expectations and providing more evidence the housing market recovery remains tentative.

Home resales dipped last month after a four-month streak of gains, providing evidence that the housing market recovery remains fragile.

A closely watched index shows home prices posted their first quarterly increase in three years, signaling the housing market has turned a corner.

The U.S. housing market is rebounding quicker than expected, with home resales in July posting the largest monthly increase in at least 10 years.