The Latest Breaking News from Housing Market

“Mortgage interest rates have remained higher-for-longer, which has left the overall housing market weaker-for-longer,” Lennar chairman and co-CEO Stuart Miller said in an earnings call.

The struggling housebuilder said open market sales are up in the first months of the year, but cautioned that inflation could yet hamper the industry.

The Chinese economy showed signs of improvement in the first two months of the year, though the weak housing market remained a drag on growth

There are signs the housing market in normalising five years after the COVID-19 pandemic sent home values soaring across Australia.

Donald Trump threatens 200% tariff on EU wine, champagne and other alcohol

Concerns over stamp duty changes, interest rates, inflation and global events are making home buyers hesitant to invest

Buoyed by the RBA rate cut, prestige housing markets are leading a recovery in property price growth following a short-lived slowdown, CoreLogic data shows.

Property values fell by 0.1 per cent on a monthly basis, Halifax said.

Elevated mortgage rates and rising home prices are freezing out many would-be buyers, and that's keeping the U.S. housing market in a years-long slump

As the U.S. housing market continues to defy economic uncertainty, Westlake Corporation is benefiting from strong demand for building materials, even as its chemicals business struggles.

Homeownership – long a cornerstone of the “the American dream” – is increasingly out of reach for the average American. Over the past four decades, U.S. house prices have risen by 75% in real terms, pushing the costs of homeownership for the typical first-time homebuyer to a record high. At…