KEY TAKEAWAYS Tesla’s sales in the European Union tumbled in July for a seventh consecutive month, while those of Chinese rival BYD’s soared. According to the European Automobile Manufacturers’ Association, Tesla’s EU new car registrations, which serve as a proxy for sales, plunged 42.4% year-over-year, while those of BYD’s soared 206%. Tesla shares, which entered Thursday down 13% this year, …
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US pending home sales fall more than expected in July
WASHINGTON (Reuters) — Contracts to buy previously owned U.S. homes fell more than expected in July as higher mortgage rates and a slowing labor market sidelined prospective homeowners. The National Association of Realtors said on Thursday pending home sales, based on signed contracts, slipped 0.4% last month. Economists polled by Reuters had forecast contracts, which become sales after a month …
Read More »JLL Bid Intensity Index, gauge of CRE transaction volume, improves in July
Housing block in Warsaw, Poland Busà Photography | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, …
Read More »NAR Existing-Home Sales Report Shows 2.0% Increase in July
WASHINGTON (August 21, 2025) – Existing-home sales increased by 2.0% in July, according to the National Association of REALTORS® Existing-Home Sales Report. The Report provides the real estate ecosystem, including agents and homebuyers and sellers, with data on the level of home sales, price, and inventory. Month-over-month sales increased in the Northeast, South, and West, and fell in the Midwest. …
Read More »US home sales rose in July as mortgage rates eased
Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and the most properties on the market in five years. Existing home sales rose 2% last month from June to a seasonally adjusted annual rate of 4.01 million units, the National Association of Realtors said Thursday. …
Read More »July home sales rise as prices approach inflection point
A “For Sale” sign outside a house in the Capitol Hill neighborhood of Washington, DC, US, on Tuesday, Aug. 12, 2025. Al Drago | Bloomberg | Getty Images Sales of previously owned homes rose 2% in July compared with June to 4.01 million units, on a seasonally adjusted, annualized basis, according to the National Association of realtors. Housing analysts had …
Read More »Fed’s July minutes show tariff inflation concerns kept rates unchanged
The Big Money Show panel discusses President Donald Trumps plan to remodel Jerome Powells Federal Reserve. The minutes of the Federal Reserve’s July meeting released on Wednesday showed that policymakers were more concerned about the risk of inflation from the impact of tariffs than the labor market as they debated interest rate policy. The Federal Open Market Committee (FOMC), the Fed …
Read More »Federal Reserve Board – Minutes of the Federal Open Market Committee, July 29–30, 2025
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. August 20, 2025 Minutes of the Federal Open Market Committee, July 29–30, 2025 For release at 2:00 p.m. EDT The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee …
Read More »Air fares and food prices push rate up to 3.8% in July
Karen Hoggan Business reporter, BBC News Getty Images Prices in the UK rose by 3.8% in the year to July, driven mainly by a jump in the price of air fares and food. That means inflation is at its highest level since January 2024 and still far above the Bank of England’s target of 2%, according to the Office for …
Read More »Japan’s July exports drop by 2.6%, steepest plunge in over four years
Owngarden | Moment | Getty Images Japan’s exports plunged 2.6% in July from a year earlier, their steepest drop since February 2021, as shipments to its two largest markets — the United States and China — declined. The fall was sharper than the 2.1% contraction forecast in a Reuters poll and compared with a 0.5% decline in June. Imports to …
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