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The Latest Breaking News from Home Prices

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

Fortune

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These 133 housing markets saw home prices decline in February—these 267 markets ticked higher

The housing correction is losing steam. That's the conclusion Fortune has reached after analyzing the latest Zillow data.

Fortune

A bifurcated housing market: Average Idaho homeowner sees equity decline by $21K while typical Florida homeowner gained $49K in 2022

Even as the housing slump sees national home prices come down a bit, most homeowners are still up big-time.

Fortune

Chinese Housing Prices in Major Cities Post First Increase in 18 Months

New home prices in 70 cities rose 0.3% year-on-year in February, adding to signs of recovery from a protracted housing slump

Caixin Global

The home price correction's latest shift, as told by 6 housing market charts

Here's data for the nation's 400 largest housing markets.

Fortune

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Western housing markets—the epicenter of the home price correction—brace for another hit as Silicon Valley Bank’s collapse signals more tech pain

If tech layoffs continue to mount, it could keep housing markets out West in correction-mode.

Fortune

CoreLogic and KPMG make bold housing market calls

CoreLogic thinks U.S. home prices have bottomed, while KMPG expects a 2008-style decline in 2023.

Fortune

Zillow picks 238 housing market winners that will see home prices tick up and 156 losers facing a price cut

Zillow economists think the national housing market correction could be nearing its bottom. But not everywhere.

Fortune

Home prices are now lower than they were a year ago

High rates are turning buyers off.

Axios

Dallas Fed: Housing market could see 'severe price correction'

The housing bubble hypothesis merits attention, says the Dallas Fed

Fortune

Growing farmland inequality in the Prairies poses problems for all Canadians

Real estate is a hot topic in Canada. Most Canadians are acutely aware of how home prices and rents have skyrocketed in the last 15 years or so. In large cities, investor ownership of condos and houses has attracted the attention of policymakers and the public at large, prompting the…

The Conversation

US housing cools further, with prices down 2.7% from peak

Home prices in the U.S. declined for a sixth straight month, sending a key index of values down 2.7% from its peak in June.

Tribune News Service

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ABC News

House price falls ease in February with Sydney posting a rise as real estate listings dry up

A lack of properties for sale and the first rise in Sydney home prices in more than a year stabilise real estate values across the nation. But for how long?

Fortune

The Pandemic Housing Correction is both mild and the second biggest home price pullback of the post-WWII era

U.S. home prices as measured by the seasonally adjusted Case-Shiller National Home Price Index fell for the sixth straight month in December.

Fortune

These 124 housing markets are weathering the home price correction (so far) in 1981 fashion

Among the nation's 400 largest housing markets tracked by Zillow, 124 markets remain at their peak.

Fortune

Fannie Mae: The housing market just pulled a head fake

The housing market’s “relative high note” in January and February is likely to “prove temporary,” say Fannie Mae economists.

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Fortune

The housing market correction has already caused homeowners to lose $2.3 trillion

A correction in home prices has erased $2.3 trillion in nationwide home values, but homeowners are still up roughly $13 trillion since February 2020.

Tribune News Service

Bay Area homes selling below asking price for first time in 10 years

SAN JOSE, California -- Looking to buy a home in the Bay Area? The odds of scoring a deal could be tipping in your favor.

Fortune

Investors are buying half as many homes

Not since the 2008 housing crisis have investors backed off buying homes like this, according to Redfin’s new report.

Fortune

The housing market downturn isn’t over

Just as the U.S. housing market started to show some signs of life, mortgage rates began rising once again.

Fortune

Zillow says the home price correction is winding down—here’s what 28 other forecast models have to say

Fortune once again tracked down the latest home price forecasts from 29 of the nation's leading real estate researchers.

Fortune

San Francisco looks like a deflating Pandemic Housing Bubble—while housing markets in New York and Chicago remain stable

This sharp correction has seen San Francisco shed nearly half of its Pandemic Housing Boom gains.

Fortune

How much you need to make to afford a $600,000 home

Home prices are beginning to level out. If you’re on the hunt for a new address, here’s how much experts say you need to afford a mortgage at a $600,000 price point.

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