All articles tagged with #price cuts
Originally Published 1 month ago — by NewsNation
Home buyers in the US are benefiting from record-level price reductions, with the typical listing seeing around $25,000 in cuts in October, especially in expensive markets like Los Angeles and New York, as the housing market rebalances and homes take longer to sell.
Originally Published 2 months ago — by businessinsider.com
The US housing market is diverging into two distinct regions: the Sun Belt and Mountain West are experiencing falling prices and increased inventory due to reduced migration and demand, while the Midwest and Northeast remain strong with tight inventories and rising prices, reflecting broader shifts in migration, labor market, and affordability trends post-pandemic.
Originally Published 2 months ago — by Reuters
Tesla has introduced lower-priced Model Y and Model 3 variants by removing premium features and reducing costs, aiming to boost sales volume despite squeezing profit margins. The move is part of a strategy to increase market share amid rising competition and declining regulatory credits, but analysts remain cautious about the impact on Tesla's profitability.
Originally Published 3 months ago — by MarketWatch
In August, new-home sales in the U.S. surged by 20.5% to a three-year high, driven by builder discounts and lower mortgage rates, despite some economist skepticism about the sustainability of this spike. The median price of new homes increased slightly, and the sales increase was most notable in the Northeast, indicating a potential rebound in housing activity amid improved affordability.
Originally Published 3 months ago — by TipRanks
BYD's stock has plummeted over 30%, losing $45 billion in value amid investor concerns over its aggressive discounting strategy to compete with domestic and U.S. rivals, coupled with disappointing quarterly results and a reduced vehicle delivery forecast, raising questions about its long-term growth prospects.
Originally Published 4 months ago — by Chicago Tribune
McDonald's is reducing prices on some combo meals to attract customers and counteract declining visits due to high costs, potentially sparking a broader fast food price war as rivals may follow suit amid industry-wide traffic drops and rising operational costs.
Originally Published 4 months ago — by Reuters
U.S. homebuilder sentiment has unexpectedly declined to its lowest level since December 2022, influenced by high mortgage rates and economic uncertainty, leading builders to use price cuts and incentives to attract buyers. Despite some easing in mortgage rates, the housing market remains challenged, with low sales expectations and depressed construction activity.
Originally Published 5 months ago — by CNBC
Homebuilders are reducing prices at the highest rate in three years due to weakening demand and affordability issues, despite slight improvements in builder confidence driven by recent tax relief measures. The NAHB index remains below 50, indicating negative sentiment, with 38% of builders cutting prices and buyer traffic at a two-year low, signaling ongoing challenges in the housing market.
Originally Published 5 months ago — by MarketWatch
Home-builder confidence slightly increased in July amid ongoing weak demand, high interest rates, and economic uncertainty. Builders are offering significant incentives and price cuts—up to 5% on average—to attract buyers, with 38% reducing prices, the highest since 2022. Despite some optimism about current sales and future expectations, traffic from prospective buyers remains low, indicating a sluggish housing market that could impact home construction for the rest of 2025.
Originally Published 5 months ago — by IGN
Donkey Kong Switch games, including Donkey Kong Country Returns HD and Tropical Freeze, are on sale at Woot as part of a broader video game sale until August 1, offering great deals for fans of 2D platformers, just before the release of Donkey Kong Bananza for Nintendo Switch 2.
Originally Published 6 months ago — by Notebookcheck
The Samsung Galaxy Tab S10 FE+ impresses with its large size, long battery life, and durable design, making it suitable for students and casual users, but suffers from underwhelming performance, slow charging, and limited features for its price, despite recent significant discounts.
Originally Published 6 months ago — by MarketWatch
Home-builder confidence has dropped to a two-year low as high interest rates and elevated home prices deter buyers, leading builders to slash prices and offer more incentives, with 37% reducing prices in June—the highest since 2022—while housing inventory increases and demand remains weak, suggesting a challenging period ahead for the housing market.
Originally Published 7 months ago — by Electrek
BYD's recent aggressive EV price cuts in China have sparked concerns of a price war, prompting warnings from Chinese officials about the potential for damaging competition and profit margins, while the company continues to see strong sales growth domestically and abroad.
Originally Published 7 months ago — by Newser
The real estate market has shifted to a buyer's market, with more sellers than buyers and increased price cuts, especially in Florida, prompting some to advise waiting and renting out properties until the market readjusts.
Originally Published 7 months ago — by Forbes
Sony has reduced prices on various PS5 hardware and bundles during its Days of Play sale, while Xbox has increased prices across its console lineup, creating a unique market situation where PS5 is more affordable than Xbox Series S and X, despite ongoing trade and economic uncertainties.