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☆ Until mortgage rates come down we won't see prices come down, says Howard Hughes Corp CEO
  + stars: | 2024-12-10 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUntil mortgage rates come down we won't see prices come down, says Howard Hughes Corp CEODavid O’Reilly, Howard Hughes Corp CEO, joins 'Closing Bell Overtime' to talk the state of the housing market going into 2025.
Persons: Howard Hughes, David O’Reilly Organizations: Howard Hughes Corp
☆ 2024 will be a 'golden age of homebuilding,' says Howard Hughes Holdings' CEO David O'Reilly
  + stars: | 2024-04-23 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email2024 will be a 'golden age of homebuilding,' says Howard Hughes Holdings' CEO David O'ReillyDavid O’Reilly, CEO of Howard Hughes Holdings, joins CNBC's 'The Exchange' to share what's driving new home demand, planned communities, and more.
Persons: Howard Hughes, David O'Reilly David O’Reilly Organizations: Howard Hughes Holdings, Howard
☆ Premarket stocks: The return of the Reddit investor
  + stars: | 2023-03-09 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +6 min
What’s happening: Retail investors are pouring a record $1.5 billion per day into the stock market, according to data from Vanda Research. Brunswick has conducted its annual survey on the digital habits of institutional investors for over a decade. This year, it polled 257 institutional investors across North America, the United Kingdom, and the European Union. Retail investors amass funds, and power: Retail investors now account for half of all wealth globally, according to a recent report by Bain & Company. Fed officials have expressed concern that a tight labor market could keep upward pressure on wages and, in turn, inflation.
☆ This real estate developer is happy that new home construction is falling
  + stars: | 2023-03-06 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
New York CNN —Recent headlines point to a slumping US housing market — as mortgage rates average near 7%, an increasing number of potential homebuyers are finding it difficult to finance homes. David O’Reilly, CEO of the real estate developer Howard Hughes Corp., told CNN that he’s “cautiously optimistic” that the residential housing market is rebounding after a downturn in the second half of 2022. Recent data point to doom and gloom for the housing market. Are you having issues attracting new buyers because of higher mortgage rates? On Thursday, Challenger, Gray & Christmas is set to release its job cuts numbers for February, and Friday brings the main show — the US jobs report for February.
☆ Housing is slumping, but this real estate CEO explains why it’s not 2008 all over again
  + stars: | 2022-10-05 | by ( Paul R. La Monica | ) edition.cnn.com   time to read: +4 min
New York CNN Business —Mortgage rates are soaring. And for many prospective home buyers, especially first-time purchasers, the combination of rising home loan costs and still sky-high real estate prices make the idea of purchasing a home prohibitively expensive…if not impossible. But don’t tell that to the CEO of real estate developer Howard Hughes Corp. In an interview with CNN Business, David O’Reilly said that he’s not too worried about another housing market crash and explains why. apartment buildings) but that they are “running away from retail, offices and hotels.”Weakness in commercial real estate is probably one of the main reasons why Howard Hughes (HHC), like the stocks of other real estate companies, has plunged this year.
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