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The Latest Breaking News from Housing Market

30-Year Mortgage Rate Holds Steady At 6.35%

Explore the stable 6.35% mortgage rate in McLEAN, Va., offering favorable financing conditions for homebuyers in a resilient housing market.

Top News

Barratt profits plunge 75% as number of houses built slumps

Cost of living crisis, higher mortgage rates and weak consumer confidence weigh on housing market in past year

The Guardian - UK

Housing market seeks Fed rate relief as sales slump and prices leap

Mortgage rates and house prices have surged since the 2020 pandemic.

The Street

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Texas needs hundreds of thousands of new homes to lower soaring costs, comptroller warns

Comptroller report highlights the challenges Texas faces, including rapidly escalating home prices and a severe shortage of available housing.

Latin Times

Americans Face 'Most Unaffordable Housing Market In History': Case-Shiller

Home prices in the U.S. showed a notable increase in June.

International Business Times

‘Doing nothing is not an option’ – top economists back planning reform and public housing as fixes for Australia’s housing crisis

Top economists are unanimous in believing Australia’s housing market is in crisis.

The Conversation

US Housing Market Faces Affordability Crisis

Explore the complexity of the US housing affordability crisis, influenced by factors like rising rents, shortage of units, and high interest rates.

Top News

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Buying a home — what you need to know about your down payment

A few smart financial adjustments can free up the needed cash.

The Street

Home Depot CEO flags alarming trend that’s hurting sales

The CEO has called out the source of the company's struggling sales.

The Street

Drunk visitors, rocketing rents and homogenised cafes: living in Europe’s tourist hotspots

Locals say swelling visitor numbers are distorting housing markets and have changed their area’s character

The Guardian - UK

With Mortgage Rates Dipping, Is Now a Good Time to Buy a House?

Pricing pressure, interest rates, and rising unemployment numbers have sidelined homebuyers. But now that the Fed has cut rates, is it a good time to think about getting back into the market?

Kiplinger

The trillion-dollar metro club just got bigger

The number of trillion-dollar metros doubled in a year, lifting the housing market’s value to an all-time high, according to an analysis from Redfin.

Fortune

Mortgage rates tumble on bond market rally

The housing market needs help. It got some last week and more is on the way.

The Street

High prices, low inventory: Housing crisis explained

Sky-high home prices and low inventory have locked out many Americans from the housing market.

The Street

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The National (Scotland)

Innovative strategy saves Mull's only pharmacist amid housing crisis

AN ISLAND pharmacist has been saved from homelessness through an innovative means of retaining property in the affordable housing market.

Top News

Mortgage Rates Hit Lowest Level Since February, Easing Borrowing Costs

Mortgage rates decline, offering hope for homebuyers amidst housing market challenges. Stabilization and potential Fed rate cuts provide relief.

The Independent UK

Housing market ‘set for confidence boost following base rate cut’

Some experts said the Bank of England base rate cut from 5.25% to 5% will help to give confidence to home buyers and sellers.

Fortune

Housing bust forecaster ‘Poison Ivy’ Zelman warns: Affordability grind isn’t going away anytime soon

While she sees further home-price deceleration and a dip in mortgage rates, Zelman says cost is the biggest risk to the housing market.

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news in one place.

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The Independent UK

First-time buyer nil-rate stamp duty threshold should be retained – Rightmove

The nil-rate threshold for first-time buyers is temporarily set at £425,000 and this is due to revert to £300,000 in spring 2025.

The Street

High interest rates and low housing inventory are creating roadblocks for millennial homebuyers.

Millennials are feeling the pain of a volatile housing market.

Top News

US Housing Market Slows As Prices Reach Record Highs

US housing market slowdown in sales but prices rise. Inventory increases, mortgage rates at 7%.

The Independent UK

US homes find fewer foreign buyers as rising costs and a strong dollar leave market in record slump

Sales of U.S. homes to foreign nationals have fallen to the lowest level in more than a decade, hampered by a strong dollar and many of the hurdles that have kept the housing market in a deep sales slump for over two years

Fortune

Home prices are still sky-high, but competition isn’t as fierce, as the frenzied housing market slowly rebalances

In some ways the housing market is beginning to feel more like it did before the pandemic.

Caixin Global

Guangzhou Relaxes Property Purchase Curbs on Foreign Buyers

Restrictions lifted for non-Chinese mainland home buyers in latest move to revitalize housing market

The Independent UK

The US housing market was a bust this spring. Here’s what that means for summer and fall

The nation’s housing market sales slump is dragging on into its third straight year, as evidenced by another weak spring homebuying season

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