Basic termsThere are 5 entries in this glossary.
A price pattern in candlestick charting that occurs when a security trades significantly lower than its opening, but rallies later in the day to close either above or close to its opening price. This pattern forms a hammer-shaped candlestick.
|Help to Buy||
UK's government scheme that means you could move home with a deposit as low as 5%. With property prices still high, saving up a 20% deposit may seem like an impossible task. The government has recognised this, and has created a scheme to help those without a large deposit either purchase their first property or move to a new home.
|HIA New Home Sales||
Change in the number of newly constructed homes sold. A new home sale is considered to be any deposit or contract signing either in the year the house was built or the year after it was built. In the US it is known only as New Home Sales and is released by the U.S. Department of Commerce's Census Bureau. It includes both quantity and price statistics. It is considered to be a lagging indicator of demand in the market and to affect mortgage rates.
|House Price Index (HPI)||
A broad measure of the movement of single-family house prices in the U.S. Apart from serving as an indicator of house price trends, the House Price Index (HPI) provides an analytical tool for estimating changes in the rates of mortgage defaults, prepayments and housing affordability.
The number of new residential construction projects that have begun during any particular month. The New Residential Construction Report, commonly referred to as "housing starts," is considered to be a critical indicator of economic strength. Housing start statistics are released on or around the 17th of each month by the U.S. Commerce Department. The report includes building permits, housing starts and housing completions data. Surveys of homebuilders nationwide are used to compile the data.
UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most…
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures…
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports…
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…