Sales of previously owned homes were 4.1% lower in October compared with September, running at a seasonally adjusted annualized rate of 3.79 million units, according to the National Association of Realtors. It was the slowest sales pace since August 2010. Analysts were expecting a smaller drop, to 3.9 million units. Sales were down 14.6% year-over-year.
Month: November 2023
In this article 1918-HK Follow your favorite stocksCREATE FREE ACCOUNT A booth of Sunac China is seen at a housing fair in China, May 16, 2014. Developer Sunac China missed the deadline for coupon payments on a $742 million offshore bond and said on Thursday it doesn’t expect to make payments coming due on other
This sprawling estate is a symphony of space — and it’s about to go up for sale. At the foot of the Austrian ski town of Semmering, a historic castle that served as the final home of the late, great composer Wolfgang Amadeus Mozart will soon hit the auction block. Built in 1130, the approximately
The prominent restaurant space on the West 50th Street side of Rockefeller Group’s 1271 Sixth Ave., which fell vacant when the pandemic crushed Le Pain Quotidien there in 2020, has a new, fine-dining tenant. Costeño Group, which operates dozens of celebrated, high-end and casual restaurants in Mexico and Madrid, Spain, just signed for over 8,000 square feet — half at ground
He went from having an “Entourage” of A-Listers to a pet posse with a goat, llama and donkey. Adrian Grenier left the bright lights of Hollywood and his hometown Big Apple to live on a 46-acre ranch in Austin, Tex., which will be featured on MTV’s “Cribs” on Nov. 22. The Post got an exclusive peek
Cincinnati Bengals quarterback Joe Burrow is having an eventful fall. Before sustaining a season-ending injury, the star player made a discreet yet substantial real estate investment, snapping up a three-acre horse ranch with Ohio River views for $7.5 million, The Post has learned. Burrow, 26, was recently benched after sustaining a torn ligament in his
Former US president Donald Trump leaves the court room of the State Supreme court on the first day of his civil fraud trial on October 2, 2023 in New York City. Kena Betancur | AFP | Getty Images A New York judge on Friday denied a request by Donald Trump and his co-defendants for a
It’s no longer wrapped up in the past. The nation’s largest public cemetery — and purportedly the largest tax-funded cemetery in the world — is located just off the Bronx in the Long Island Sound, on Hart Island. The mass gravesite dates back to 1869, and those wanting to pay their respects to any one
High mortgage rates continue to weigh on the nation’s homebuilders, leading to an increase in price cuts to lure buyers. But builders are cautiously optimistic about recent signs that interest rates may move lower soon. Homebuilder sentiment fell six points to 34 in November on the National Association of Home Builders/Wells Fargo Housing Market Index
Check out these bee-youtiful digs. The rooftop of one well-respected Chelsea exhibition space is known for its striking works of contemporary sculpture — now, it’s home to five lucky hives of bees, too. The Kasmin Gallery’s sweet setup first came about during the pandemic, after staff returned to the 5,000-square-foot open-air oasis above 509 West
Former US President Donald Trump appeared in court on Tuesday for the third week of a civil fraud trial in New York, on October 17, 2023. Fatih Akta | Anadolu Agency | Getty Images Donald Trump and his co-defendants asked a judge Wednesday to grant a mistrial in the $250 million civil business fraud case
Potential homebuyers attend an open house in Seattle. Mike Kane | Bloomberg | Getty Images Current homeowners and potential homebuyers are responding to lower mortgage rates, albeit slowly. Mortgage demand rose 2.8% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. That was the second straight week of
Terry Bradshaw — the iconic NFL Hall of Famer and Fox Sports analyst — has bid farewell to his sprawling 744-acre ranch, marking the end of an era following years of health challenges. The transaction was facilitated by Icon Global Group, a renowned Dallas-based firm, which officially disclosed the sale in a news release last week. Nestled
A construction site of residential buildings on the Elbe dike near downtown Wittenberg. Soeren Stache | Picture Alliance | Getty Images Germany’s Olaf Scholz once set the goal of building 400,000 new homes a year, even before he become chancellor. Fast forward two years, and German housebuilding looks like it’s collapsing, putting pressure on both