The Latest Breaking News from Housing Market

Some 43,300 mortgages were approved for house purchase in September, marking the lowest monthly total since January 2023.

Chennai luxury housing sales up 143% in 9M 2023: 3,330 units sold, 16,310 units sold across all budget categories. Prices range from ₹15K-40K/sq.ft. Emerging luxury housing market compared to Mumbai, Bengaluru & Delhi. National luxury housing sales up 84,400 units in 9M 2023.

An estimated 53,000 home purchase agreements were canceled in September, Redfin says. The housing market winter is chilly indeed.

The bank expects supply to remain tight but high rates to weigh on affordability, it predicted in its updated 2024 housing outlook.

Former Square exec Andrew Borovksy wants to help all the "accidental landlords" out there. He sees a "giant, untapped space."

Zillow warned in May that housing would enter a “deep freeze” if mortgage rates hit 8%. They came anyway—and existing home sales hit a 13-year low.

Morgan Stanley analysts previously expected national home prices to fall 4% in 2023. Not anymore.

When the boomers came of homebuying age, they had to contend with high rates, high inflation, and a crowded market. Sound familiar?

Data reveals the higher proportion of residential properties in the capital selling for seven-figure sums since the pandemic hammered the economy and shook up the housing market