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The Latest Breaking News from Home Prices

Home prices slip for fourth month with US market slowing

The U.S. housing market continued to sag in October as the impact of higher mortgage rates and concerns over the economy rattled buyers and sellers.

Tribune News Service · Dec 27, 2022

What Australia's housing market has been doing over the past year

During 2022, eight successive rate rises to combat high inflation quickly hit the housing market, slowing 2021’s extreme growth and remaining at the centre of the fall in Australia’s home prices. So what's next?

ABC News · Dec 27, 2022

Why This Housing Downturn Isn't Like the Last One

The pandemic housing boom is over. The bust will look nothing like the last one.

Bangkok Post · Dec 25, 2022

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Where are home prices in America's 400 largest housing market headed in 2023? These 5 charts give us some clues

Buyers Vs. sellers: Let's take a closer look at inventory data in the nation's 400 largest markets.

Fortune · Dec 22, 2022

As home prices decline, Southern Californians who bought at the peak are nervous

Surging mortgage interest rates threatened to squash Michael and Christine Hawkins' dream of home ownership. But this fall when the couple saw a Canoga Park condo languish on the market, they devised a plan.

Los Angeles Times · Dec 15, 2022

Consumers hopeful tide will soon turn on interest rates and home prices, but businesses gloomy

Households are hoping interest rates will reach their peak soon and home prices may start to rise. However, rising inflation and interest rates have businesses worried about the future.

ABC News · Dec 13, 2022

The U.S. housing market heads into 2023 still in correction mode—these 2 charts show what's happening to home prices

The U.S. home price correction is sharper—and more widespread—than previously thought.

Fortune · Dec 12, 2022

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The American Dream of homeownership is hanging on by a thread

For millennials like me, the possibility of homeownership feels like asking, "How do you hold a moonbeam in your hand?"

Fortune · Dec 9, 2022

A 20% home price crash? These 7 forecast models can see it—where the other 13 leading models have the 2023 housing market going

Where 20 leading forecasters foresee home prices going in 2023.

Fortune · Dec 7, 2022

These 49 housing markets to see home prices fall over 15%—this interactive map shows Moody’s updated forecast for 322 markets

"Affordability will be restored. The [housing] market won't be overvalued after this process is over," says Moody's Analytics chief economist Mark Zandi.

Fortune · Dec 3, 2022

Home prices are down in every one of the top 58 metros according to the latest AEI data. But cities in this region have taken the biggest hit so far

The latest housing price numbers highlight a continuation of the most striking trend: the sharp pullbacks in Western cities. Of the fifteen metros showing the largest drop, the metro farthest east is Austin.

Fortune · Dec 2, 2022

Fed Chair Powell: U.S. 'housing bubble' formed during the pandemic and now 'the housing market will go through the other side of that'

"So you really had a housing bubble, you had housing prices going up [at] very unsustainable levels and overheating," says Fed Chair Jerome Powell.

Fortune · Dec 1, 2022

Fed's housing market 'reset' has officially set off the second-biggest home price correction of the post-WWII era

According to the latest Case-Shiller report, U.S. home prices fell another 0.8% in September.

Fortune · Nov 30, 2022

Home prices drop for third straight month as US market cools

The U.S. housing market pulled back even more in September, with prices slipping 1.2% from a month earlier.

Tribune News Service · Nov 29, 2022

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Tribune News Service · Nov 29, 2022

US government to back mortgages of more than $1 million

The federal government plans to back mortgages of more than $1 million, catching up with the dramatic rise in U.S. home prices in recent years.

Fortune · Nov 28, 2022

How much money you need to earn to afford a $400,000 home

We break down what you need to earn to afford a $400,000 home in the United States. Salary, down payment, insurance, PMI, and taxes are all factors.

Axios · Nov 28, 2022

"Collapse" in home prices is coming, experts say

They don't expect a crash, but a slowdown seems likely.

Fortune · Nov 25, 2022

Morgan Stanley slashes its U.S. housing market outlook—where it sees the home price correction going in 2023

Peak-to-trough, Morgan Stanley expects U.S. home prices to fall 10% by 2024. However, the firm also says a 20% crash is possible.

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Tribune News Service · Nov 23, 2022

Inflation and the housing market: How to cope with high home prices

Inflation hasn’t left the building, but it may be starting to look for the exit.

Fortune · Nov 22, 2022

Where home prices are headed in 2023—this map shows CoreLogic's revised outlook for 392 housing markets

The question isn’t if U.S. home prices will fall, it’s how far will prices fall.

Tribune News Service · Nov 18, 2022

Now tech layoffs are slowing Bay Area housing market as prices fall even more

Add tech company layoffs to the list of headwinds facing California's Bay Area housing market.

The Independent UK · Nov 18, 2022

US home sales fell in October for ninth straight month

Sales of previously occupied U.S. homes fell in October for the ninth month in a row to the slowest pre-pandemic sales pace in more than 10 years, as homebuyers grappled with sharply higher mortgage rates, rising home prices and fewer properties on the market

Tribune News Service · Nov 18, 2022

Inflation and the housing market: How to cope with high home prices

Inflation hasn’t left the building, but it may be starting to look for the exit.

Tribune News Service · Nov 17, 2022

How far will home prices fall? Some say 20% or more is possible

As the U.S. housing market continues to cool, a growing number of forecasters say homeowners could soon experience significant price declines. These analysts look at the record run-up in home prices during the COVID pandemic and say a drop of 20% or more looms in the near future.

Fortune · Nov 17, 2022

Dallas Fed: A bursting housing market bubble could once again plunge us into recession if policymakers aren’t careful

"The possibility of a sharp price correction leading to an economic contraction would further complicate Federal Reserve inflation-fighting efforts" writes the Dallas Fed.

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