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The Latest Breaking News from Home Prices

The housing market is so unaffordable that buyers need to make $30,000 more than they currently do to buy a home

But that’s an improvement from last year when they needed to close a more than $40,000 shortfall, according to a new Redfin analysis.

Fortune

German Home Prices Drop 8% In Record 2023 Decline

Learn about the 2023 decline in German home prices and its impact on the property market. Explore factors contributing to the downturn and potential opport...

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US Home Prices Outpacing Inflation, Millennials Hit Hardest

Study shows US home prices have surged, making it nearly twice as expensive for millennials to buy homes compared to baby boomers. Affordability strained a...

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The incredible surge in home prices is set to continue in Southern metros

Home price appreciation superiority comes down to stronger employment growth and affordability, according to Capital Economics.

Fortune

Rate peak to buoy confidence and possibly home prices

Growing confidence that interest rates are going no higher and cuts may start later this year could improve consumer sentiment and home-buying activity.

AAP

China's Home Prices Continue Decline Despite Support Measures

China's housing market faces challenges with declining home prices despite government support measures. The ongoing downward trend raises concerns about se...

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American dream of owning a home is dead, majority of renters say

Exclusive: most renters surveyed by Harris Poll say the areas they live in have become so unaffordable they are ‘barely livable’

The Guardian - US

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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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Fortune

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.

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news in one place.

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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.

Top News

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.

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.

Top News

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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