U.S. Housing market drop biggest since 2008, mortgage rates soar | World Business Watch

preview_player
Показать описание
Housing rates in U.S. has posted $2.3 trillion drop, which is the biggest since 2008. According to the reports, home buyers who are already facing record high prices in the U.S. They took an additional hit from mortgage rates that doubled more than last year after peaking at $47.7 trillion in June.

#us #housingrates #worldnews

About Channel:

WION The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults.

Connect with us on our social media handles:

Follow us on Google News for latest updates

Рекомендации по теме
Комментарии
Автор

US middle class is becoming low in income class. Next generation can’t buy a house in US and Canada. Eventually people will move to a different country wherever affordable housing is available.

YT_C
Автор

The same as in Australia and much of the developed world I am guessing.

Ian.
Автор

not in florida where i live. home prices are still waaay above whhat they were 2 years ago and people are still moving here as if they are free. i dont know how they are affording it but they are. and the greedy builders are still pricing their new construction at a price that would have been insane less than 2 years ago. homes in the city wher ei lived was 200k-300k..now they are 500k+ and have barely fell..in some areas they havent even gone down at all

spsenator
Автор

I’m was lucky to invest around the time I did. Lol 😂 this is nuts. Renters are about to feel the pain because everything is going up. Even the cheapest places are seeing 15-2500 lol. Good luck to the ones renting

TruCunt