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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Ho Chi Minh City has issued a plan to implement the Vietnam Population Strategy for the 2026-2030 period, aiming to address the low birth rate and improve the population’s quality in line with sustainable development goals. The plan also reflects a shift in policy focus from family planning to a…
The U.S. housing market accelerated in March even as elevated mortgage rates reduced some of the affordability gains seen earlier in the year, according to a new report from Zillow.
Zillow’s March market report found that newly pending home listings increased 4.6% from a year ago. The rise lifted the number of listings to the second-largest monthly total since the end of the pandemic boom in August 2022, which Zillow described as a positive sign as the home shopping season begins in earnest.
The market’s improvement came despite mortgage rates moving higher. Freddie Mac data showed mortgage rates increased from 5.98% at the end of February to 6.38% in late March.
Excluding taxes and insurance, the typical mortgage payment increased 1.5% from February, which Zillow said undercut some of the affordability improvements the market had recently seen.
Zillow reported that the monthly mortgage payment on a typical U.S. home was $1,789 in March (assuming a 20% down payment) after excluding taxes and insurance. While that figure rose month over month, it was 4.4% lower than in March of last year.
Inventory increased as well. Zillow said there were 1.23 million homes listed for sale in March. Inventory rose 9.5% from February, and active inventory was 4.2% higher than a year earlier.
New for-sale listings totaled 384,854 in March, up 0.1% from a year ago and up 35.6% from February.
On the sales side, Zillow’s sales count nowcast showed 300,398 homes sold in March. That was up 3.7% from a year ago and up 25.2% from February, though Zillow noted these figures will be revised mid-month.
Zillow pointed to pent-up demand after three years of low sales volume, as well as winter storms in January and February, and a tailwind from lower mortgage rates earlier in the year.
Mischa Fisher, chief economist at Zillow, said: “Buyers and sellers have been navigating uncertainty and market volatility in some form since the onset of the pandemic, and this month’s concern over energy prices is no different. However, we have persistent signals that the market has turned a corner.”
Fisher added that the “rapid acceleration of daily page views per listing” in March was a notable improvement compared with the dormant market of recent years.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
