_{US NEWS}

​From Boom to Breakdown: Housing Market Faces 2008-Style Warning Signs

The U.S. housing market is showing signs of distress, with high interest rates, economic uncertainty, and rising insurance costs causing buyers to back out of deals in record numbers. In April 2025, over 56,000 home purchase contracts—14% of pending deals—were canceled, the highest since the early pandemic. Sunbelt states like Arizona, Texas, and Florida are seeing price drops reminiscent of the 2008 crash.

Key issues:

• Buyers, especially first-timers, are struggling to qualify for loans due to job loss or poor credit.

• Tariff fears and recession talk are making people hesitant to buy.

• Florida, once a hotspot, now has a glut of unsold homes amid climate risks and high ownership costs.

While the Northeast remains relatively strong, many major U.S. markets are tipping into buyer territory. The cooling investor activity could signal opportunity for patient homebuyers, but confidence remains shaky due to financial and economic volatility. Read More.

_{WORLD FINANCIAL NEWS}

Stocks Slide, Dollar Hits New Lows Amid Middle East Fears and Trade Jitters

On June 12, 2025, U.S. stocks declined and the dollar fell to its lowest point since April 2022 as escalating Middle East tensions and skepticism over a U.S.-China trade truce pushed investors into safe-haven assets like gold, the Swiss franc, and the yen. The Dow dropped 0.5%, and global markets paused a months-long rally.

Contributing to the risk-off sentiment:

• Trump’s announcement of upcoming tariff letters to multiple countries added uncertainty.

• A Boeing 787 crash in India hurt airline stocks.

• Iran's warning about Israeli military threats heightened geopolitical concerns.

• Soft U.S. inflation data raised hopes for a potential Fed rate cut, but policymakers remain cautious.

Despite a temporary boost from U.S.-China trade talks, investor confidence remains fragile amid political volatility and rising global risks. Read Now.