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2 mins read

Kotak Mahindra Bank shares tank 13%; mcap erodes by ₹37,721 crore post RBI action

At the NSE, it tumbled 13 per cent to the 52-week low of Rs 1,602. The company's market ca…

PTI   


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1 min read

Home prices could drop for the next 6 months as inventory rises by the biggest margin since the financial crisis, investment strategist says

Unsold housing inventory rose 16% year-per-year in April, the highest increase recorded since the G…

Jennifer Sor   


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3 mins read

From more inventory to lower prices, here are 3 signs the housing market may be getting better for buyers

More than a third of homes on the market have seen a price drop in May, the highest proportion reco…

Jennifer Sor   


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1 min read

The housing market's inventory crisis is finally easing

"Sellers who were on the fence in 2023 are now listing. They're more used to elevated rates now," s…

Filip De Mott   


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1 min read

Tesla is offering steep discounts on its Model Y SUV as it tries to clear out inventory

Tesla delivered about 386,800 cars in Q1, far fewer than analysts expected. It was its first year-o…

Sarah Jackson   


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2 mins read

The housing market may finally be thawing as mortgage rates and housing inventory improve

Mortgage rates and housing inventory are moving in opposite directions as March kicks off, suggesti…

Phil Rosen   


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1 min read

Oil prices spike on crude inventory update and Powell's rate-cut outlook

The Israel-Hamas war, Red Sea attacks, and the West's sanctions on Russia's oil trade have helped k…

Yuheng Zhan   


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3 mins read

Retail auto sales grow by 13% in February, but elevated inventory levels a concern

The Indian auto industry reported a 13% growth in sales in February 2024, with all the segments rep…

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1 min read

A huge wave of housing inventory hit the market in February as the 'lock-in' effect eases

Zillow data showed existing home listings surged 21% in February compared to last year, which sugge…

Phil Rosen   


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1 min read

The housing market just saw its biggest inventory spike in nearly 3 years

In the four weeks to February 25, new home listings surged 12.9% compared to a year ago, while tota…

Phil Rosen   


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2 mins read

Target is limiting self-checkout hours in some stores as the retailer continues to battle missing inventory

While most Target stores are open daily from 8 a.m. to 10 p.m., some stores' self-checkout lanes ar…

Dominick Reuter   


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NBCC sells office space in South Delhi for Rs 1,558 cr; HDFC Bank buys one office tower for Rs 1,131 cr

State-owned construction firm NBCC on Friday said it has sold nearly 4 lakh square feet of office s…

PTI   


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3 mins read

New launches see decline in Q3 on back of escalating property prices

New property launches increased by 2% in tier one cities, reaching 97,871 units in July to Septembe…

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1 min read

The housing market is seeing a resurgence as sinking mortgage rates unlock more inventory and sales

"Another reason sales are ticking up is buyers and sellers are finally living in the same reality,"…

Filip De Mott   


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Oil prices plunge as US inventories jump and worries build over China demand

Oil prices fell as fresh data also showed that the US continued to churn out a record 13.2 million …

Jennifer Sor   


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2 mins read

The housing market capped off its worst year of sales since 1995. Here's how affordability, inventory, and demographics have changed in 3 decades.

The housing landscape today is dramatically different from the last time home sales saw a similar s…

Phil Rosen   


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2 mins read

From rates to inventory, here's where the US housing market stands in 4 charts

Mortgage rates are hovering at two-decade highs near 8%, and the median home sale price has jumped …

Aruni Soni   


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1 min read

Home prices are getting slashed as inventory climbs and high mortgage rates push sellers to compete for buyers, Zillow says

"Price cuts are more common than normal – chances are good that prices are negotiable," Zillo…

Jennifer Sor   


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Shoplifting and other inventory loss cost retailers $112 billion last year

External and internal theft accounted for roughly two-thirds of the losses, according to the Nation…

Dominick Reuter   


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4 mins read

The rich in Mumbai are buying properties like never before

The inventory of unsold homes above ₹2.5 crore is the lowest it has been in Mumbai in a long time, …