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The Latest Breaking News from Housing Market

U.S. house sales drop as prices soar to record levels

Sales of previously occupied homes slid in June to the slowest pace since last September as mortgage rates remained elevated and national median sales prices hit unprecedented levels

The Independent UK

Buyers wield more power in housing market, especially in Sun Belt, with contract cancellations on the rise

In June 2025, nearly 15% of pending home sales fell through, per Redfin, but don't call it a buyers' market yet. Home prices are still at record highs.

Fortune

A weak housing market could deliver rate cuts and rescue the Fed from Trump

Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs - Comerica Bank chief economist Bill Adams said.

Fortune

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Dow futures turn higher as investors brace for a big week of earnings, housing market data and Jerome Powell

On Tuesday, Federal Reserve Chairman Jerome Powell and Governor Michelle Bowman are due to speak at a banking conference.

Fortune

Top economist sounds the alarm even louder on the housing market and says homebuilders are 'giving up'

"A big tell is that many builders are delaying their land purchases from the land banks. New home sales, starts, and completions will soon fall."

Fortune

The debt burden stalking Aussies in retirement

More Australians are retiring with hefty mortgages as spiralling home prices delay their entry into the housing market and the trend shows no sign of easing.

AAP

Rachel Reeves says she wants to help first-time buyers. It won't work

Good evening! This week's edition of the In Common newsletter comes from Kaitlin Dryburgh, policy and communication co-ordinator at Common Weal.

The National (Scotland)

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As Mortgage Rates Near 7%, Record Delistings Surge 47% — Homeowners Trapped Between Price Cuts And The Waiting Game

A growing number of frustrated sellers are yanking their listings just as climbing borrowing costs threaten to squeeze the housing market even harder.

Benzinga

6 Key Signs a Housing Market Will Soon Have Massive Price Drops

Wondering if home prices will drop? Learn 6 key signs a housing market correction is coming—from rising inventory to investor sell-offs and economic slowdowns.

GOBankingRates

Moody's Warns Of Housing Market 'Red Flare' As Sales Plunge, Builders Back Off

The U.S. housing market is showing signs of a significant slowdown, with a sharp decline in sales and a potential threat to the economy, according to Moody’s.

Benzinga

Home sellers are so fed up with cutting listing prices they’re just yanking their homes off the housing market altogether

Delistings jumped 47% year-over-year in June, according to Realtor.com.

Fortune

Gen Z can't afford a house on their own—so they're buying with friends and family

The hippie movement is coming back for the housing market, but not like before.

Fortune

5 Tips From Robert Kiyosaki To Save You From Financial Disaster

Robert Kiyosaki, famed author and financial expert, offers plenty of advice on financial success. Here are his top tips to keep you from financial disaster.

GOBankingRates

This Generation Is Buying a Shocking Amount of Homes (Hint: It’s Not Boomers)

Despite facing some of the most challenging housing market conditions in decades, Gen Z is not only entering the market but doing it in record numbers.

GOBankingRates

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The Guardian - US

Why is the number of first-time US homebuyers at a generational low?

Young Americans are holding off on buying a home, with the average age in 2024 being a record high of 38

GOBankingRates

Why America Is Still in a Housing Slump — and What That Means for You

The U.S. housing market is still in a slump—find out why it’s dragging on and what it could mean for buyers and sellers.

Fortune

Over 30 million homeowners don't have a mortgage right now. Here's why that's a big warning sign about the housing market

Homeowners also aren’t borrowing against their homes because interest rates are too high.

Fortune

The housing market is flashing warning signs about high mortgage rates and Gen Z and millennial first-time buyers, Capital Economics says

Don't expect mortgage rates to drop anytime soon, the London-based research firm says.

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AAP

House values break ceiling in almost half of suburbs

An upswing in home values has broadly eased, but almost 45 per cent of Australian suburbs are at record-high dwelling values after sustained growth.

Fortune

Gen Z and millennials can't afford to buy a house, and it shows: The number of first-time homebuyers is half the historical norm

The number of first-time home buyers in 1995 was 3.2 million. Now it’s less than half that.

The Independent UK

Number of first time home buyers hits record low as rentals take over US housing market

The number of renter households in the U.S. has ballooned to a record 46 million

The Guardian - UK

Property prices flat in June amid signs UK job market may be ‘softening’

Expected interest rate cuts could support growth after fall in first-time buyers since end of stamp duty cut

Evening Standard

Average UK house price growth 'flattened out' in June following a dip linked to stamp duty changes

The housing market’s resilience ‘continues to stand out’ following stamp duty changes, Halifax said.

Evening Standard

FTSE 100 Live 07 July: Tariffs uncertainty stalls index, Shell shares fall

Cheaper Shell shares and a fresh round of tariffs uncertainty today fuelled a downbeat session for the FTSE 100 index.

Evening Standard

No short-term recovery expected in housing market, says MJ Gleeson

The firm said profits over the past year have been hit by planning delays, the absence of a market recovery and rising costs.

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