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1 min read
Footwear, electronic wearables, kitchenware and home furnishings witness surge in inventories ahead of festive season
Ahead of the upcoming festive season, categories such as footwear, electronic wearables, kitchenwar…
ANI
2 mins read
'Home run' continues, FY25 to be another strong year after a robust demand in FY24: report
The outlook for residential real estate will be strong in the financial year (FY25), as the domesti…
ANI
2 mins read
Passenger vehicle retail sales dip 5% in August 2024; FADA raises alarm over rising inventory level
Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account…
PTI
3 mins read
Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report
The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…
ANI
2 mins read
Car companies have plenty of inventory, but the port strike will affect European brands the most
Though European automakers would be most affected by a prolonged strike, the industry has more than…
Benjamin Zhang,Nora Naughton
5 mins read
Ikea's fleet of 250 autonomous drones takes stock of warehouse inventory without any human intervention
Ikea's partnership with the drone maker Verity fits into its larger plan to improve customer experi…
John Kell
2 mins read
The housing market is poised to loosen up as inventory climbs and prices cool, Fannie Mae says
The number of homes for sale is up 30% from levels last year, according to Fannie Mae.
Jennifer Sor
2 mins read
Kotak Mahindra Bank shares tank 13%; mcap erodes by ₹37,721 crore post RBI action
At the NSE, it tumbled 13 per cent to the 52-week low of Rs 1,602. The company's market ca…
PTI
1 min read
Home prices around the US are being cut at a faster pace as inventory piles up
Mortgage rates are still high but prices may be easing. Over 16% of homes saw a price cut last mont…
Jennifer Sor
1 min read
The housing market's inventory crisis is finally easing
"Sellers who were on the fence in 2023 are now listing. They're more used to elevated rates now," s…
Filip De Mott
3 mins read
From more inventory to lower prices, here are 3 signs the housing market may be getting better for buyers
More than a third of homes on the market have seen a price drop in May, the highest proportion reco…
Jennifer Sor
1 min read
Home prices could drop for the next 6 months as inventory rises by the biggest margin since the financial crisis, investment strategist says
Unsold housing inventory rose 16% year-per-year in April, the highest increase recorded since the G…
Jennifer Sor
1 min read
Tesla is offering steep discounts on its Model Y SUV as it tries to clear out inventory
Tesla delivered about 386,800 cars in Q1, far fewer than analysts expected. It was its first year-o…
Sarah Jackson
2 mins read
The housing market may finally be thawing as mortgage rates and housing inventory improve
Mortgage rates and housing inventory are moving in opposite directions as March kicks off, suggesti…
Phil Rosen
1 min read
Oil prices spike on crude inventory update and Powell's rate-cut outlook
The Israel-Hamas war, Red Sea attacks, and the West's sanctions on Russia's oil trade have helped k…
Yuheng Zhan
3 mins read
Retail auto sales grow by 13% in February, but elevated inventory levels a concern
The Indian auto industry reported a 13% growth in sales in February 2024, with all the segments rep…
1 min read
The housing market just saw its biggest inventory spike in nearly 3 years
In the four weeks to February 25, new home listings surged 12.9% compared to a year ago, while tota…
Phil Rosen
1 min read
A huge wave of housing inventory hit the market in February as the 'lock-in' effect eases
Zillow data showed existing home listings surged 21% in February compared to last year, which sugge…
Phil Rosen
2 mins read
NBCC sells office space in South Delhi for Rs 1,558 cr; HDFC Bank buys one office tower for Rs 1,131 cr
State-owned construction firm NBCC on Friday said it has sold nearly 4 lakh square feet of office s…
PTI
3 mins read
New launches see decline in Q3 on back of escalating property prices
New property launches increased by 2% in tier one cities, reaching 97,871 units in July to Septembe…