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- US home sales fall to lowest level since 2010 amid rising mortgage rates
- University of Toronto rejects report on anti-Muslim and anti-Arab discrimination
- ICE deportations and arrests reach record levels amid Trump immigration policy shifts
- Quirky office on Blackfriars Bridge becomes unexpected tourist attraction
- Scientists warn of impending collapse of Thwaites Glacier and sea level rise
- Car Bomb Kills Russian Colonel in St Petersburg Amid Rising Tensions
- Manchester United dismiss manager Michael Carrick after poor start to season
- Retro technology boosts holiday shopping among young Canadians this year
A Black Lives Matters protest in London regarding Chris Kaba.
Looks like the white, middle class organisers forget to invite any black people.
In the wake of death of UK political prisoner, Peter Lynch, who was fast tracked into prison for essentially shouting in the street.
The grandfather was ultimately sentenced to death.
Pakistani family who attacked police at Manchester Airport, STILL haven't even been charged.
Tiny ‘Black Lives Matter’ crowd gathers outside the Old Bailey courtrooms to protest the not guilty verdict of the police officer who shot violent criminal Chris Kaba.
Kaba rammed his car repeatedly into armed police officers’ cars.
BLM is finished in the UK.
UK public borrowing exceeds official forecast in September
Government borrowing overshot official projections in September, which is a sign of the difficult fiscal position that the Chancellor faces as she puts the finishing touches on her first tax and spending budget.
November 12, 2026
7:00 pm
Get you up to speed: Home sales in the US are at their lowest level since 2016
Home sales in the US dropped 5.5 percent in October to a seasonally adjusted annual rate of 3.75 million units, marking the lowest level since August 2010. The decline was attributed to mortgage rates exceeding 7 percent, impacting both buyers and sellers across the country.
The National Association of Realtors reported that the average 30-year fixed-rate mortgage rose to 7.33 percent in October, marking an increase from 6.86 percent in September. Home sales have declined 8.8 percent year-over-year across all four regions, reflecting ongoing challenges in the housing market since 2022.
The National Association of Realtors (NAR) highlighted a challenging market for home buyers and sellers, attributing the 5.5 percent drop in October sales to elevated mortgage rates, which have reached their highest levels since 2000. NAR Chief Economist Lawrence Yun warned that home sales for the year may end up lower than in 2025, indicating persistent difficulties in the housing market.
What remains unclear — It is uncertain how the recent fluctuations in mortgage rates will specifically impact future home sales in the coming months.
US home sales fall to lowest level since 2010 amid rising mortgage rates
Economy|InflationHome sales in the US are at their lowest level since 2016
Home sales dropped 5.5 percent in October, the lowest level since August 2010.
Published On 12 Nov 202612 Nov 2026
Sales of previously owned homes in the US have hit the lowest level since 2010 as mortgage rates hover above 7 percent.
The National Association of Realtors (NAR) said on Thursday that home sales dropped 5.5 percent in October to a seasonally adjusted annual rate of 3.75 million units. That was the lowest level since August 2010.
“Home buying is difficult when mortgage rates have climbed to their highest levels since 2000, aside from a single month in 2023. As a result, home sales fell to their lowest level since August 2010,” said NAR Chief Economist Lawrence Yun.
He said, “It is just a tough market for buyers and sellers.”
“Sales decreased by 8.8 percent year-over-year,” the NAR report found. “Month-over-month sales declined in the Midwest, South and West and held steady in the Northeast. Year-over-year sales declined in all four regions.”
The home sales used in the report are counted at the closing of a contract and are a look at previously occupied ones. October’s sales likely reflected contracts signed in August and September.
“Despite fewer transactions in October, the 88 million homeowners across the country are largely in a comfortable financial position due to sizable housing wealth accumulation,” said the report.
First-time buyers accounted for just 29 percent of home purchases last month, down from 31 percent in September and 32 percent in October last year, NAR said. First-time buyers have historically made up closer to 40 percent of home sales.
The US housing market has been in a slump since 2022, when mortgage rates increased from pandemic-era lows. Sales of previously occupied US homes were essentially flat last year, stuck at a 30-year low. Yun expects home sales this year will likely end up lower than in 2025.
The average 30-year fixed-rate mortgage was 7.33 percent in October, according to the Federal Home Loan Mortgage Corporation, more commonly known as Freddie Mac, up from 6.86 percent in September and 6.25 percent one year ago.
The rate, however, averaged 7.18 percent last week, down from 7.24 percent in the previous week.
Rates on home loans are influenced by inflation, Federal Reserve policy and bond-market investors’ expectations for the economy, among other factors. They generally follow the trajectory of the 10-year Treasury yield, which lenders use as a guide to pricing home loans.
Until the past few weeks, mortgage rates had been on the rise since late February, when the US war with Iran began, pushing up the price of oil and driving inflation higher. The run-up in rates also reflected heightened bond market volatility, which led to rising yields on US Treasuries.
November 12, 2026
7:00 pm
November 12, 2026
6:00 pm
What’s the Latest: U of T rejects report, recommendations on anti-Muslim, anti-Arab discrimination
The University of Toronto has rejected a report from its Muslim, Arab, and Palestinian discrimination working group, which highlighted discrimination and proposed 57 recommendations for change. The university acknowledged the existence of anti-Muslim, anti-Arab, and anti-Palestinian discrimination and committed to taking immediate actions to address these issues.
The University of Toronto’s report, which includes 57 recommendations, is rooted in consultations with 85 individuals and 525 survey responses collected from March 2025 to January 2026. While the university stated it acknowledges the existence of discrimination within its community, it rejected the report’s recommendations for conflicting with existing collective agreements and the institution’s stance on academic freedom.
The University of Toronto rejected the recommendations from its Muslim, Arab, and Palestinian discrimination working group, stating they “depart significantly from past equity reports” and clash with academic freedom protections. However, the university committed to improving support for affected communities through enhanced prayer spaces and the introduction of an e-module on discrimination, indicating a focus on addressing these issues moving forward.
What remains unclear — It is not specified how the university plans to address the issues of bias in its partnerships and the specific actions to be taken regarding investment prohibitions discussed in the report.
University of Toronto rejects report on anti-Muslim and anti-Arab discrimination
The University of Toronto has rejected a comprehensive report from its Muslim, Arab, and Palestinian discrimination working group, which identified a “general pattern of over-policing and under-protecting” these communities on campus. The 300-page report included 57 recommendations concerning academic freedom, security, and institutional practices, but the university argued it “departs significantly” from earlier equity reports.
Despite not accepting the report or its recommendations, the university committed to addressing discrimination against Muslims, Arabs, and Palestinians. The institution released the report, which is based on consultations with 85 individuals and a survey of 525 respondents, to uphold its commitment to transparency. “What happens around the world has implications locally on our campus,” the report noted.
Concerns raised include inconsistent complaint processes, double standards in event enforcement, and negative attitudes based on stereotypes of Muslims and Arabs. “The most prevalent pattern we encountered was a generalized ignorance of the histories, cultures, and lived experiences of Muslims, Arabs, and Palestinians,” the report stated.
In its response, the university recognised the existence of discrimination and pledged to enhance support for affected communities. However, it acknowledged that the contrasting views on the report’s findings reflect “the fraught circumstances” surrounding the ongoing global conflict.
The university highlighted certain recommendations that conflicted with collective agreements or were outside its jurisdiction. While it currently accommodates Muslim communities with designated prayer spaces, it aims to improve facilities on all its campuses and will also introduce an e-module on discrimination to educate its governing council.
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