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The Latest Breaking News from Home Prices

Your Guide to the Housing Market in 2024

The challenging housing market conditions that dominated 2023 are easing, but buyers and sellers must take action to stay ahead.

Kiplinger

Australia Home Prices Expected To Increase 5% In 2022-2023

Learn about the positive outlook for Australian home prices in 2021 and 2022 amidst economic recovery and strong demand.

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US Home Prices Show Slower Growth In Q4 2023

US home prices rose 6.5% in Q4 2023, with Rhode Island leading gains and Hawaii and DC seeing declines. Challenges include low inventory and high mortgage ...

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Inflation Flare-Up In January Raises Concerns

Explore the latest U.S. economic indicators: rising inflation, improving consumer confidence, stabilizing home prices, and ongoing manufacturing contraction.

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Co-Ownership: A Strategic Move In Tight Housing Market

Explore the rising trend of co-ownership in real estate as a solution to high home prices and financial constraints.

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Luxury Home Prices at All-Time Highs as Rich Buyers Pay Cash

A new Redfin report shows soaring luxury home prices, with a record number of wealthy buyers paying cash.

Kiplinger

FHFA data shows continued rise in US home prices in November

In November, home prices in the USA continued to climb, according to the Federal Housing Finance Agency (FHFA), reflecting ongoing strength in the housing ...

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Falling mortgage rates don’t mean falling home prices, Capital Economics says, revising its forecast up for the year

The research firm’s property economist, Thomas Ryan, called its house price forecast “well above the consensus,” in a new research note.

Fortune

The housing market is heading for the affordability of 2 years ago, Morgan Stanley says. Here’s why its home price forecast is unchanged—a drop

“Home prices have once again broken through to a new record high,” James Egan says, but the bank still sees them dropping in 2024.

Fortune

Detroit dethrones Miami as fastest-appreciating housing market as home prices continue rising

U.S. home prices were up 5.2% in November 2023, the strongest annual growth rate since January of last year.

Fortune

The brutal 2023 housing market was just like the 1980s—except with a little bit of Global Financial Crisis thrown in

Millennials face a housing market a lot like their parents experienced—with a dash of their early adulthood added, for good measure.

Fortune

A new American era of housing haves and have-nots occurred this year

This year’s housing market was clearly “riddled with winners and losers,” Zonda’s chief economist, Ali Wolf, told Fortune.

Fortune

Millennials, don’t hold your breath: 2024 probably won’t be your year to break into the housing market, either

The difficulty of saving up for a down payment, elevated mortgage rates, and high home prices top the list of troubles.

Fortune

Price Surge: US Housing Market Booms, Annual FHFA Report Reveals

FHFA reports annual increase in home prices in the US, signaling a robust housing market. Find out the latest trends in the real estate sector.

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Fortune

Fitch Ratings says U.S. homes are ‘overvalued’ by nearly 10%—but homebuyers shouldn’t expect relief anytime soon

"Home prices keep marching higher," NAR’s chief economist Lawrence Yun said in a statement, arguing that "only a dramatic rise in supply will dampen price appreciation."

International Business Times

Housing Market In 2024: Another Boom Or Another Bust?

Lower interest rates ease the cost of financing home purchases. As a result, it could help revitalize the market for existing homes, as homeowners will be looking for opportunities to move to bigger or smaller homes, depending on their family needs.

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Fifth Consecutive Fall for China's November Home Prices

Experience a riveting journey through China's housing market as November notches a 5th consecutive month of falling new home prices. Tune in!

Fortune

Some homeowners who managed to buy last year are bleeding money—the worst hit have lost more than $122,000 in home value with price corrections “pummeling” dozens of cities

Renters today may be completely locked out of the market, but many big-city buyers who bought last year now owe more than their home is worth

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Fortune

Home prices will fall for the first time since 2012, Redfin’s chief economist predicts, but they'll still be ‘out of reach’ for many buyers

Redfin expects home prices to fall 1% in the second and third quarters of next year and be flat in the first and last quarters, per its 2024 housing market forecast.

The Canberra Times

Why Australian home prices continue to rise despite interest rate increases

Despite 13 interest rate rises since May property prices are still on the up.

AAP

Home prices break through ceiling but growth eases

The housing market downturn of last year has been completely unwound, but the pace of growth is slowing.

Kiplinger

10 Best States To Relocate to in 2024

Relocating? What are the best states to live in? New Hampshire and Wyoming lead the list with the best mix of jobs, home prices, quality of healthcare and more, study shows.

USAFacts

Where are home prices rising and falling in the US?

Camden, New Jersey, saw a 10.6% increase in home prices this past year, the biggest nationwide increase. El Paso, Texas (10.3%), and Syracuse, New York (9.6%), followed.

Fortune

Home prices could drop next year, but don’t expect that to solve the affordability crisis, bank exec says

Morgan Stanley forecasts a 3% drop in home prices next year—just half of the 6% price increase this year.

International Business Times

Zillow Cuts Estimate For Home Prices In 2023

High mortgage rates and the increase in the inventory of homes for sale are putting downward pressure on prices.

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