Turkey’s Economy on the Edge: Key GDP & Inflation Data to Reveal Growth vs. Price Stability Battle

Turkey’s economy is entering a week focused on the release of key economic indicators, including gross domestic product (GDP) and inflation data. Market participants are closely monitoring these figures to gauge the country’s economic momentum, especially as policymakers strive to balance growth with price stability. The upcoming data is expected to offer insights into how…

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Arizona Housing Prices

Homes in U.S. Cities See Boost in Buying Power: Phoenix, Austin, and Vegas Lead the Market Recovery

Homebuyers in several U.S. cities are seeing a boost in purchasing power, thanks to recent declines in mortgage rates and home prices stabilizing in some markets. According to new data, cities such as Phoenix, Las Vegas, and Austin are experiencing conditions where price drops and wage growth have made homes slightly more affordable. For example,…

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Mortgage Interest Rates

Mortgage Rates Slightly Ease: Opportunities Dawn for Homebuyers and Arizona Investors

Mortgage interest rates have continued to show signs of improvement, with rates for both 30-year fixed and 15-year fixed mortgages falling slightly compared to last week. The average 30-year fixed mortgage rate is now hovering around 6.87%, providing a bit of relief to potential homebuyers facing the ongoing affordability challenges in the housing market. While…

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Here are a few attention-grabbing title ideas for that topic: – “Inflation Holds Steady in July: What It Means for Arizona Real Estate Investors” – “July Inflation Remains Mostly Flat Amid Mixed Price Changes” – “Stable Inflation in July Signals Mixed Outlook for Arizona Housing Market” – “Inflation Pauses in July—Key Insights for Arizona Property Investors” – “July Inflation Levels Off as Rent and Car Insurance Prices Tick Up”

**Inflation Remained Mostly Level in July** Inflation in the United States held largely steady in July, as reported by the latest Consumer Price Index data. Although overall price increases were modest, certain categories such as rent and car insurance experienced higher costs, partially offset by drops in areas like used vehicles and airline fares. The…

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Mortgage Interest Rates

Mortgage Rates on the Decline: From Peaks in 2023 to More Affordable Borrowing by 2025

Mortgage rates, which surged in 2023 to the highest levels in over two decades, are expected to continue gradually falling through 2025. While economic uncertainty and inflation pushed the 30-year fixed rate above 7% in late 2023, forecasts suggest that by fall 2025, average rates could settle between 5.5% and 6.5%, assuming successful taming of…

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GDP Growth Accelerates to 2.3% in Q2 2025 as Corporate Profits Climb — What This Means for Arizona Real Estate Investors

**Gross Domestic Product (GDP) and Corporate Profits – Q2 2025 Update** The U.S. Bureau of Economic Analysis released its second estimate for gross domestic product (GDP) growth in the second quarter of 2025, revealing that real GDP increased at an annual rate of 2.3 percent. This growth primarily reflected increases in consumer spending, nonresidential fixed…

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Arizona Home Sales

Arizona Rehab Employee Accused of Illegally Buying Sober Homes, Exploiting Vulnerable Residents

An employee at an Arizona drug and alcohol rehabilitation facility has been accused of illegally buying homes that previously served as sober living environments. Authorities allege the employee took advantage of vulnerable individuals who were struggling with addiction, transferring ownership of the properties under suspicious circumstances. The investigation revealed instances where paperwork was allegedly falsified…

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