Home sales post first year-over-year gain in over 3 years
U.S. existing home sales rose in October, the first annual increase in more than three years, as easing interest rates and more properties on the market boosted homebuyers. Existing home sales rose 3.4% last month from September to a seasonally adjusted annual rate of 3.96 million units, the National Association of Realtors said Thursday. This […]
Home Prices Dip for First Time off Crazy Spike, Price Reductions Surge, Sellers Emerge, House Sales Drop Year-over-Year, Inventories & Supply Keep Rising
Estimated Reading Time: 2 minutes “Normalization” or “deceleration,” as this phenomenon is called, is setting in Prices of existing single-family houses, condos, and co-ops dipped in July, reverting to seasonality for the first time since 2019, amid surging price reductions. Single-family house sales dropped 4.1% in July, from a year ago, the first decline since […]
Manhattan rent prices fall year-over-year for first time since 2021
Manhattan rent prices fell last month compared to the same month a year ago for the first time in more than two years, according to the latest data. The median price for new rental properties is $4,000, down 4.6% from last October and 2.3% from November, according to the report co-authored by Miller Samuel & […]
Subway sees year-over-year increase of over 12% in quarterly same-store sales amid sale exploration
Check out what’s being clicked on FoxBusiness.com Subway, the privately held sandwich chain it is considering selling, announced quarterly sales figures on Monday. The company, founded in the 1960s by the late Fred DeLuca and Dr. Peter Buck, said its global same-store sales increased 12.1% year-over-year in the first quarter. North America grew slightly slower […]
Tesla’s Q1 revenue sees year-over-year increase, while profits dropped
Ark Invest CEO and CIO Cathie Wood discusses how artificial intelligence can change the investment landscape at Barron’s Roundtable. Tesla’s first-quarter earnings were up year-over-year, but profits were down, sending the stock down about 3.5% after Wednesday’s market close. The company reported full first quarter revenue of $23.33 billion, an increase of 24% compared to […]
Nike sees year-over-year increase in revenue, drop in net income for third quarter
Check out what’s being clicked on FoxBusiness.com On Tuesday, Nike announced its financial results for the third quarter of fiscal 2023, with higher revenue and lower net profit. The athletic footwear and apparel company’s third-quarter revenue increased nearly 14% year-over-year to $12.39 billion. The company reported he made $10.87 billion in revenue in the same […]
Home prices see first year-over-year decline in a decade
Year-on-year prices for existing homes fell for the first time in more than a decade last month as sales rose 14.5%, ending a 12-month decline. data release According to the National Association of Realtors (NAR) on Tuesday, median resale home prices fell 0.2% to $363,000. The 131st consecutive month of year-on-year growth dating back to […]
