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Pending home sales fell 8.3% in August | Cross River Real Estate
Contracts to buy U.S. previously owned homes rebounded to a seven-month high in August, but higher prices as supply remains tight are slowing the housing market momentum. Other data on Wednesday...
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Producer prices rise 8.6% | Cross River Real Estate
Producer prices increase 0.6% in OctoberPPI rises 8.6% year-on-yearCore PPI shoots up 0.4%; gains 6.2% year-on-year U.S. producer prices increased solidly in October, driven by surging costs for...
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Case-Shiller reports 19.5% price gain | Cross River Real Estate
Home prices continued to increase across the U.S., but the pace declined slightly in September. Adobe Stock The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which covers all nine...
View ArticleNY Among Top States Residents Are Fleeing From | Cross River Real Estate
The Pandemic Continued to Influence Americans’ Decisions to Move as They Relocated to Lower-Density Areas and Desired to be Closer to Family Interactive Map: To understand inbound and outbound...
View ArticleCon Ed raises Westchester electric prices 11.2%, gas prices up 18.2% | Cross...
Con Edison has asked the state for permission to raise gas and electric prices next year, citing the need to cover costs including system upgrades and renewable energy investments. The utility company...
View ArticleMortgage rate averages 5.11% | Cross River Real Estate
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.11 percent. “Mortgage rates...
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Residential construction spending up 18.4% | Cross River Real Estate
NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 0.9% in April after an increase of 0.7% in March 2022. Spending stood at a seasonally...
View ArticleMortgage rates average 5.70% | Cross River Real Estate
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.70 percent. “The rapid rise in...
View ArticleMortgage rates average 6.29% | Cross River Real Estate
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 6.29 percent. “The housing market...
View ArticleExisting home sales fall 19% in the Northeast | Cross River Real Estate
Key Highlights Existing-home sales sagged for the eighth consecutive month to a seasonally adjusted annual rate of 4.71 million. Sales slipped 1.5% from August and 23.8% from the previous year.The...
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