International Real Estate Markets Report

International Real Estate Markets Q1 2015 Global Property Index Report
http://list.juwai.com/news/2015/06/juwai-releases-q1-2015-global-property-index-gpi-report?
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The seasonally adjusted Purchase Index decreased 4% from one week earlier. The unadjusted Purchase Index decreased 5% compared with the previous week and was 14% higher than the same week one year ago. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/34359-mortgage-applications-drop-as-interest-rates-rise-to-9-month-high
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Shared by James Harrison, taken by ‫ג'קלין ולינוב‬‎, Bruges, Belgium

 

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Young adults prefer single-family homes, and in fact, 25-34 year-old homeowners are found to be more likely to reside in a single-family home today than their predecessors,Fannie Mae’s latest Housing Insight report showed. -- Brena Swanson in HousingWire http://www.housingwire.com/articles/34367-millennials-demand-single-family-homes
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Just under a quarter – that is 24.6% – of all single family home and condo sales in May were all-cash purchases, down from 28.5% in the previous month and down from 30.4% a year ago to the lowest level since November 2009,RealtyTrac reports. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/34366-realtytrac-all-cash-sales-at-lowest-since-late-2009
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Shared and taken by Luis Armando Oyarzun, Estilos . Buenos Aires. Argentina.

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The housing forecast for the second half of 2015 fails to show any positive data, with trends predicted to go downhill.

According to the latest market report from analytics firm Clear Capital, nationally, the data is more of the same. Data through June looks similar to data through May 2015, with no change in quarterly growth at 0.6% and a slight drop of 0.1% in yearly growth, from 5.3% to 5.2%.

What’s worse is that the best of the year is already past since the spring and summer seasons typically reflect the peak of the housing demand cycle. And 0.6% quarterly growth is a foreboding sign of how the remainder of 2015 may play out, the report explained. -- Brena Swanson in HousingWire http://www.housingwire.com/articles/34390-clear-capital-housing-the-second-half-of-2015-not-so-hot

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Nat'l Real Estate Post:
Jobs created:  223K
Jobs lost:  60K
Unemployment rate:  5.3% 
We now have the lowest job participation rate since 1977.
http://thenationalrealestatepost.com/how-greece-impacts-rates/
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Shared by Juwai, Miami Flordia, USA

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The May 2015 international trade deficit increased 2.9 percent from April, to $41.9 billion. Exports decreased 0.8 percent to $188.6 billion, and imports fell 0.1 percent to $230.5 billion.  -- US Department of Commerce
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Newsletter
Moreover, wages were flat in June, with average hourly earnings hovering at $24.95. Average hourly earnings of private-sector production and nonsupervisory employees edged up by 2 cents to $20.99 for the month. That said, while wages showed no movement in June, that might change given difficulties employers are having. -- Brian Daiker for Movement Mortgage, brian.daiker@movement.com 
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Shared by Bored Panda, New York-based artist Ray Bartkus has created a beautiful mural in the Lithuanian city of Marijampolė designed to use the surface of the water as its true canvas. Bartkus intentionally painted it upside-down so that the swimmers, rowers and swans he depicted would be reflected right-side-up onto the river Šešupė, which flows through the city’s center.