The Latest Breaking News from Home Prices

Sales of previously occupied U.S. homes fell in September for the eighth month in a row, matching the pre-pandemic sales pace from 10 years ago, as house hunters grappled with sharply higher mortgage rates, rising home prices and a still tight supply of properties on the market

When Covid sent the UK economy into lockdown in 2020, the government jumped in to help the property market by cutting a tax on purchases. The temporary measure triggered a kind of mania among buyers, who responded by bidding up average prices by £31,000 ($35,000) — more than double the…

Entrepreneur Ken Sim has unseated Kennedy Stewart as mayor of Vancouver, a city where runaway home prices and the cost of living have become pressing concerns among voters.

For the first time in a decade, home prices in Southern California are definitively falling.

Could housing prices finally be coming back down to earth? Year-over-year home-price growth decelerated at a record-setting pace in July 2022. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released September 27, reports that price growth dropped by 2.3% from June to July — from 18.1% to 15.8%.

The housing market is in the doldrums, but subtle shifts are finally on the way.

People expecting a big housing crash might not see it happen so fast.

Prices still up over 2021

Good Morning Everyone! Remember, no one gets rich panic selling.

Some of the nation’s largest homebuilders are lowering prices, providing discounts and pulling out of land deals as higher mortgage rates on top of already sky-high home prices continue to take a toll on buyer affordability.

Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising home prices made homebuying less affordable