Home prices hit new high in December but show signs of cooling: Case-Shiller
Home prices across the country hit a new record in December. (iStock) Home prices hit record highs in December, despite high borrowing costs and housing remaining out of reach for many Americans, according to the latest S&P CoreLogic Case-Shiller Index did report. House prices are currently 5.5% higher than this time last year. The 10-city […]
Wendy’s U-turns on ‘dynamic pricing’ that would raise prices during peak hours
Wendy’s said it wanted “clarity” on its plan to roll out a digital menu board that would allow the price of burgers and fries to change throughout the day, and insisted that Uber-style “surge pricing” was not part of the plan. The burger giant’s CEO, Kirk Tanner, told analysts this month that a new digital […]
Home prices hit an all-time high in December despite rising mortgage rates
Home prices rose for the 11th consecutive month in December. housing stock It remained painfully low. Nationally, prices rose 5.5% year over year in December, the S&P CoreLogic Case-Shiller Index showed on Tuesday. This was up from the 5% annualized increase recorded in the previous month. On a monthly basis, prices fell 0.4%, according to […]
Home Prices Rise To Record High
Despite the highest mortgage rates in decades, home prices are rising due to a continued shortage of housing on the market. The S&P CoreLogic Case-Shiller 20-City Price Index rose 0.2% in December, marking the 11th consecutive month of increases in home prices. Compared to the previous year, house prices increased by 6.1%. Most homeowners who […]
Home prices hit a new all-time high in December
Real estate agent Mauricio Umanski says high mortgage rates, high prices and a lack of supply are creating difficulties for homebuyers in the Claman Countdown. Home prices rose for the 11th consecutive month in December. housing stock It remained painfully low. Nationwide, prices rose 5.5% year over year in December, the S&P CoreLogic Case-Shiller Index […]
Oil prices up $1 over shipping disruption fears
Check out what’s being clicked on FoxBusiness.com Crude oil prices rose more than $1 by midday Monday as European diesel demand was affected. russia sanctions Analysts said transportation disruptions pushed prices higher as a planned overhaul of U.S. refinery output capped the market and created volatility. Brent crude oil futures rose $1.41 (1.73%) to $83.03 […]
Wendy’s planning ‘surge prices’ based on fluctuating demand
Wendy’s is preparing to test an “Uber-style” surge pricing model in which prices fluctuate throughout the day based on demand. That means Dave’s burgers cost more during the lunch rush. Wendy’s CEO Kirk Tanner, who took over as chief executive earlier this month, announced the new system on a conference call with investors and said […]
Homebuyers considering purchasing tiny homes and fixer-uppers to combat high home prices
Housing affordability remains low and some potential buyers are turning to alternative housing options. (iStock) As housing costs rise, homebuyers are redefining the traditional path to homeownership. About 43% of prospective buyers considered alternative housing options such as fixer-uppers and tiny houses. Remax study reported. 56% of prospective buyers surveyed by Remax said they would […]
Gold prices rangebound as rate fears persist, inflation cues awaited By Investing.com – Investing.com
©Reuters. Investing.com — Gold prices fell in Asian trading on Monday, staying within recent trading ranges as concerns grow over a prolonged period of high U.S. interest rates in anticipation of key economic data. The yellow metal has failed to make big gains in recent weeks as a series of Federal Reserve officials warned the […]
‘Russia Will Still Have the Ability to Sell Their Oil’ Because We Want to Keep Energy Prices Down
On Friday’s episode of MSNBC’s “Katie Toole Report,” Deputy Treasury Secretary Wally Adeyemo said that even under the Biden administration’s latest sanctions, “Russia still has the ability to sell oil” and will ban exports of Russian oil. He said he had not. Avoid increased energy costs. “Russia will still have the ability to sell oil,” […]