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Fed Cuts Bring No Relief for Housing -- Market Talk
Daily real estate industry dynamics summary (2024-11-11)
According to the data from the People's Bank of China, at the end of the third quarter of 2024, the balance of RMB real estate loans was 52.9 trillion yuan, a decrease of 1% year-on-year. Among them, the balance of RMB real estate development loans was 13.79 trillion yuan, an increase of 2.7% year-on-year, with a growth rate 1.2 percentage points higher than the end of the previous year, increasing by 638.5 billion yuan in the first three quarters. The balance of personal housing loans was 37.56 trillion yuan, a decrease of 2.3% year-on-year.
The Housing Market's Affordability Crisis Gave Trump a Big Boost at the Polls
"Dong Wang" mentioned the real estate market.
Don't deviate.
What Does an Interest Rate Cut Mean for Mortgages?
Historic rate cuts coming? American real estate tycoon: Trump may exert extreme pressure on the Federal Reserve after taking office.
American real estate tycoon Grant Cardone said on Wednesday that he believes Trump's return to the White House will lead to a significant interest rate cut by the Federal Reserve; ② Cardone said Trump will quickly address the housing crisis facing the United States; ③ "I believe that in the next 12 months, we will cut interest rates - a historic cut," he said.