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The Latest Breaking News from Home Prices

One of the weirdest housing markets ever—just look at these 12 maps

"The wild pandemic-era housing market made price growth trends more local than they had been since 2009," writes Redfin economist Taylor Marr.

Fortune

Zillow just got super bullish on these 37 housing markets

Zillow expects 37 regional housing markets to see at least a 7% home price jump between April 2023 and April 2024.

Fortune

Buyers More Confident Home Prices Will Go Down, New Survey Finds

Consumers are feeling optimistic about home prices, according to Fannie Mae’s latest poll, but why?

Kiplinger

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What to expect next from the housing market

Fortune rounded up revised home price forecasts from 9 major research firms.

Fortune

How finding a home in America became so absurdly expensive

With US house prices soaring due to increased demand and limited stock, it’s a great time to be a homeowner – but huge numbers of home buyers are being locked out of the market

The Guardian - US

Home Prices Falling Rapidly in 5 Popular Housing Markets

New Redfin data on U.S. home prices shows that costs are finally retreating and buyers paying less than last year in coveted markets.

Kiplinger

93 major housing markets saw home price gains in March while 7 declined, says Black Knight

“A modest bump in homebuyer demand [this spring] ran headlong into falling for-sale supply,” says Andy Walden, VP of enterprise research strategy at Black Knight.

Fortune

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End of the fall? Canberra property prices stabilise in April

Home prices stopped falling in April, apartment prices rose.

The Canberra Times

Housing market correction is running on fumes as Case-Shiller reports the first U.S. home price uptick since June—these 2 charts tell the story

U.S. home prices, as measured by the seasonally adjusted Case-Shiller National Home Price Index, rose 0.15% between January and February.

Fortune

Weekly US Government Data Roundup: April 24, 2023

Home prices rose 74% from 2010 to 2022, while the average wage rose 54%

USAFacts

A divided housing market: Zillow says these 294 markets to see home price gains while these 102 markets tick lower

If the bifurcated housing correction—which has been sharp out West and mild in the East—has reinforced anything it's that real estate is indeed local.

Fortune

The Western housing market recession hit so hard and fast that a Fortune 500 firm that was riding high at $34 per share has crashed to $1

"They [Opendoor] are taking huge losses, and as buying agents, we are all testing their pain threshold" says Chris Davis, a real estate agent in Phoenix.

Fortune

Institutional homebuyer Yieldstreet hasn’t bought any homes this year. Here’s why they refuse to jump into the housing market right now

"I don't think [house] prices have bottomed yet," says Tejas Joshi, director of single-family residential at Yieldstreet.

Fortune

Booming Scranton, falling San Jose: The latest home price data for the nation’s 400 largest housing markets

These 7 charts tell us what's happening to home prices.

Fortune

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Tribune News Service

South Florida millennials are buying more expensive homes. Here’s why

Millennials in South Florida are buying more expensive homes than other homebuying groups, as inflation and rising home prices influence the market, new data shows.

ABC News

IMF warns Australian housing market at high risk of mortgage defaults ahead of global economic downturn

The International Monetary Fund says Australia has one of the greatest risks of mortgage defaults in the world, as it warns of a significant downturn in global economic growth for the year ahead.

Fortune

National home prices just bottomed out, says real estate data juggernaut CoreLogic

"Prices in most markets have already bottomed out" says Selma Hepp, Chief Economist for CoreLogic.

Fortune

Housing market analysts are divided: Zillow and Moody’s issue starkly different home price forecasts for the nation’s 400 largest markets

Here's a closer look at regional housing forecast models produced by Zillow and Moody's.

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Fortune

Is this a home price bottom or a head-fake? 79 major housing markets saw gains in February while 19 declined

The home price correction is running out of steam—fast.

Los Angeles Times

Looking to buy a home this spring? Good luck, there's not much out there

Over the last few months, Larry Chanes and his wife, Claudia, debated selling their Upland home and moving an hour away to Murrieta. The couple, with two daughters at home, wanted more space and to be closer to work and family.

The New Daily

Migration, high rents put brakes on sliding home prices

Home prices have ticked up after tracking lower for 10 straight months, with high rents and migration both helping to arrest the slide.

AAP

New houses drive uptick in dwelling approvals

Sign-off on private sector dwellings has lifted modestly and home prices appear to have found a floor - at least for the moment.

Fortune

Housing market correction weakens—where 7 revised forecast models see U.S. home prices going from here

As the housing market moves into its busier seasonal period, the correction is losing steam. Some markets are rising again.

Fortune

National home prices fall for the seventh straight month

Since peaking in June, U.S. home prices have fallen 3% on a seasonally adjusted basis, and 5% without seasonal adjustment.

Fortune

The U.S. housing market is holding up the best in the global correction—here's how far Goldman Sachs see global home prices falling

Goldman sees U.S. home prices having their second-biggest decline since World War II—but it's not even close to the Great Recession

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