(Bloomberg) — A seismic shift in capital flows is playing out in Europe’s bond and currency markets as investors adjust to a world without central bank stimulus. Most Read from Bloomberg Three hundred basis points of interest-rate hikes by the European Central Bank since July have halted the years-long exodus …
Read More »Musk Shuts Two of Three Twitter India Offices, Sends Staff Home
(Bloomberg) — Twitter Inc. has shut two of its three India offices and told its staff to work from home, underscoring Elon Musk’s mission to slash costs and get the struggling social media service in the black. Most Read from Bloomberg Twitter, which fired more than 90% of its roughly …
Read More »Home Price Drop Hits 15% in Canada as Rates Squeeze Buyers
(Bloomberg) — Canadian home prices fell for an 11th straight month as rising interest rates continued to limit what prospective buyers can afford, ramping up pressure on the country’s housing market. Most Read from Bloomberg The national benchmark price for a home declined 1.9% to C$714,700 ($532,060) in January from …
Read More »Miami now has priciest neighborhood in US as NYC home values drop
Miami’s Star Island is now the nation’s most expensive neighborhood while the number of New York City areas where buying a home would set you back at least $1 million is on the decline, according to a new survey. The average price of a single family home on Star Island, …
Read More »Map: Here’s where home prices are dropping the most
Homebuyers are finally gaining leverage in the housing market, but where they can get the best discounts on home prices varies from metro to metro. Some of the most popular pandemic boomtowns such as Phoenix and Seattle, plus perennially popular West Coast cities like San Jose and San Francisco, posted …
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