House price rises are a threat to UK economy, says IMF

House price rises are a threat to UK economy, says IMF
Rapidly rising house prices, in part caused by buoyant demand from prospective private landlords, pose a significant threat to UK economic stability, says the International Monetary Fund. In its annual health check on the UK economy, part of a review …
Read more on The Week UK

There's a big sale on Puerto Rican homes
So what's the catch? For sale signs are everywhere in Puerto Rico. People are fleeing the island because it's been in a prolonged economic crisis. The situation is reminiscent of what Detroit was like when it filed for bankruptcy in 2013. "So many …
Read more on WMUR Manchester

US housing strong; weak consumer confidence clouds outlook
WASHINGTON U.S. home resales unexpectedly rose in January, reaching a six-month high, in the latest sign that the economy remains on firmer ground despite slowing global growth and tightening financial market conditions. The housing market strength …
Read more on Reuters

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