Tag: Housing market

Thousands protest in Spain's Canary Islands against over tourism

By Borja SuarezGRAN CANARIA, Spain (Reuters) - Thousands of people protested in holiday resorts in Spain's Canary Islands on Sunday against over tourism...

The US housing market is on the verge of hitting a record $50 trillion valuation as prices keep rising

The US housing market is on track to hit a record $50 trillion in value, Redfin said.US homes gained $3 trillion in value...

Key U.S. mortgage rate drops to lowest since March, Freddie Mac says

By Makailah GauseNEW YORK (Reuters) - The average interest rate on the popular U.S. 30-year fixed-rate mortgage fell to its lowest level since...

US new home sales slump; supply at more than 16-year high

By Lucia MutikaniWASHINGTON (Reuters) - Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage...