November

Pending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to the National Association of Realtors.The reading, which is based on signed contracts during the month, is a forward-looking indicator of closed sales as well as the most current look at what potential homebuyers are thinking.Mortgage rates are key in this report, with the average rate on the 30-year fixed mortgage soaring over 8% in mid-October before dropping sharply to 7.5% in the first week of…

Toyota sold a record number of vehicles last month. Pure EV sales rose by 127% in November but still only accounted for 1% of Toyota’s total volume. Toyota has been arguably the biggest laggard in the auto industry’s shift to fully electric vehicles. The Japanese automaker has lobbied against stricter emissions rules for years. Known for being a pioneer in hybrid tech with the first-gen Prius launched in 1997, Toyota has refused to join the transition. After longtime Toyota leader Akio…

Sony Interactive Entertainment has announced that the PlayStation 5 has achieved a massive new sales milestone, with the total number of units sold to consumers reaching 50 million as of December 9. This counts systems sold worldwide, and it bears repeating that this is a "sold-through" number, not a "shipped" figure.SIE boss Jim Ryan, who is retiring in 2024, said the sales result is "a testament to the unwavering support of the global PlayStation community and their passion for the incredible…

A nearly 4,000-square-foot home in Boulder’s Knollwood neighborhood sold for $8.3 million, topping November’s home sales in the Denver metro area. The 3,917-square-foot home with three bedrooms and four baths at 2200 block of Knollwood Drive was designed by Surround Architecture and constructed in 2019. Compass-Boulder listed the home for owner Todd Barrett for $8 million in September. Milehighmodern-Boulder represented the buyers, Robert Phares and Victoria Di Savino Phares. The home features high ceilings, wide-plank…

A map of the world plotted with some of the most significant climate events that occurred during November 2023. Please see the story below as well as more details in the report summary from NOAA NCE. Credit: NOAA/NCEI November 2023 was the warmest November in NOAA's 174-year global climate record. Last month also continued the year's record-warm…

Nigeria’s crude oil production dropped in November, data from the Organisation of Petroleum Exporting Countries (OPEC) has shown. Oil production from the 13 members of the organisation averaged 27.84 million barrels per day (mb/d) in November 2023, lower by 57 thousand barrels per day (tb/d), month-on-month, OPEC said in its Monthly Oil Market Report released Wednesday. The report also noted that crude oil output increased mainly in Venezuela, Libya and Kuwait, while production in Iraq, Angola and Nigeria…

The sub-compact SUV segment is one of the most competitive segments in India. A number of different automakers offer their SUVs in this segment, and currently, the most popular one is the Tata Nexon. Over the last two months, the Nexon has managed to outsell the previous champion of this segment, the Maruti Suzuki Brezza. In the month of November 2023, Tata Motors sold a total of 14,916 units of the Nexon. November Sales Analysis: Tata Nexon and its Rivals As mentioned above, Tata Motors managed to dispatch a total of…

Google confirmed that the November 2023 reviews update is now complete. This update, announced on November 8, 2023, rolled out over a 29-day period. No more announcements. This will be the last time Google will confirm an update to the reviews system/algorithm. “We’ll no longer be giving periodic notifications of improvements to our reviews system,” the company said. A total of 8 reviews updates have been confirmed by Google since the first reviews update launched in April 2021. What is new. Although Google won’t…

Google’s November 2023 core update took about 26 days to fully roll out and was completed on November 28th. Now that the update is done, I wanted to share some data on how this November core update compared to the data on the October 2023 core update. In short, the data shows that the November 2023 core update was more volatile than the October 2023 core update.Overlapping updates. While the October 2023 core update had a corresponding October 2023 spam update overlap with it. The November 2023 core update has a…

Volvo began selling what could be its most important vehicle to date last month. In November, Volvo sold the first EX30 model, its cheapest and smallest vehicle yet. Volvo sells first EX30 EVs in November In June, the Swedish automaker revealed the new EV aimed at a market it’s not known for. The EX30 (Check out our review here) targets younger buyers with a zippy, fun ride and Volvo’s signature Scandinavian touch. Volvo expects the EX30 to be a game-changer as an affordable everyday EV.…