The WPJ

World News


Americans Pull Back on Big-Ticket Spending in March

U.S. workers are increasingly recalibrating major financial decisions amid shifting perceptions of job stability, with a growing share delaying or scrapping high-cost purchases such as homes and vehicles, according to new survey data.


Flight to Quality Drives U.S. Downtown Office Market in 2025

A sharp divide is emerging in the U.S. office market: companies are shedding secondary space while doubling down on premium buildings in central business districts, underscoring a renewed willingness to pay for workplaces that can justify the commute.


U.S. Property Taxes Near $400 Billion in 2025

A slight cooling in U.S. home prices did little to relieve pressure on homeowners in 2025, as property taxes climbed to nearly $400 billion and effective tax rates reached their highest level in five years, underscoring the growing disconnect between market values and local tax burdens.


U.S. Home Sellers Cut Prices at Record Rate as Buyer Leverage Expands

More than one-third of U.S. home sellers reduced their asking prices in February 2026, the highest share for the month in more than a decade, underscoring a housing market increasingly tilted in favor of buyers, according to data from brokerage Redfin.


U.S. Remodeling Sentiment Softens in Early 2026

Confidence among U.S. remodelers eased modestly in the first quarter but remained solidly positive, according to data released by the National Association of Home Builders, reflecting steady demand supported by aging housing stock and constrained existing-home turnover.


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