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The index of existing home sales in the usa rebounded in August, with declining mortgage rates encouraging buyers to enter the market.
In August, the number of existing home sales contracts in the USA rebounded from a record low, with mortgage rates dropping to encourage some buyers to enter the market.
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Has the commercial property market in the USA already hit bottom? Data shows the market may have started to rebound.
Analysis suggests that the interest rate cut announced by the Federal Reserve on Wednesday provides more clarity on the future interest rate trends for real estate investors, which may attract some potential buyers. At the same time, there are signs that more and more buyers are paying attention to property/a-reit and loan sales, and market liquidity is recovering.
U.S. Home Prices Rose More Slowly in July, But Remain High