Housing

‘Owning a home a dream’: Housing crisis hits Turks ahead of polls
Turkey is going through an immense housing crisis ahead of key elections amid hyperinflation and economic downturn.
Published On 5 May 2023
US economy slows sharply in January-March quarter
Businesses slashed inventories in fear of an upcoming downturn while high interest rates hammered the housing market.
Published On 27 Apr 2023
Brazil: Venezuelan migrants find refuge in forest shantytown
An acute housing crisis in Sao Paulo is fuelling the rise of precarious settlements in environmentally protected areas.
Published On 25 Apr 2023
So long Singapore: Expats flee city as rents go through the roof
Southeast Asian city-state is losing international talent as some expats report rent hikes as high as 80 percent.
Published On 20 Apr 2023

How a part-time domestic worker with two special needs children manages the rising cost of living for her family of six.

With inflation and poverty soaring in Argentina, dozens are taking shelter in the capital city’s ‘Aeroparque’ airport.

A two-storey house in a Belo Horizonte favela has won an international architecture prize for its ingenious design.

January marked the 12th straight monthly decline in sales of existing homes, the longest such stretch since 1999.

The reports are stoking concerns that the US Fed will continue raising interest rates to battle inflation.

US Federal Reserve’s fastest interest rate-hiking cycle since the 1980s has pushed housing into recession.

Solid job growth and a tight labour market poured cold water on hopes that the US Fed would pause hiking interest rates.

Canada says new law aims to make housing more affordable but experts say other measures would better reduce high costs.

Excluding sharp drop at pandemic start, home sales are now at their slowest annual pace since November 2010.

Consumer prices saw the slowest increase in 15 months, paving way for lower interest rate hikes.

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