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The Latest Breaking News from Housing Market

IMF warns Australian housing market at high risk of mortgage defaults ahead of global economic downturn

The International Monetary Fund says Australia has one of the greatest risks of mortgage defaults in the world, as it warns of a significant downturn in global economic growth for the year ahead.

ABC News

Five of Edinburgh's most 'unwanted homes' on sale that just won't budge

As the housing market begins to settle after the Covid pandemic, some homes haven't budged. While some may have us confused as to why they haven't been snapped up, here some of the five 'unwanted' properties.

Edinburgh Live

Maine city reopens arena to hundreds of asylum seekers

Hundreds of asylum seekers have filed into a basketball arena in Portland as Maine’s largest city deals with a months-long surge in immigration that has taxed its already limited housing market

The Independent UK

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Housing market analysts are divided: Zillow and Moody’s issue starkly different home price forecasts for the nation’s 400 largest markets

Here's a closer look at regional housing forecast models produced by Zillow and Moody's.

Fortune

Is this a home price bottom or a head-fake? 79 major housing markets saw gains in February while 19 declined

The home price correction is running out of steam—fast.

Fortune

London property market stagnant amid warnings of UK-wide house price falls

The typical London house price in March was £537,250, which is very slightly up (0.1 per cent) on this time last year

Evening Standard

Average UK house price increased by 0.8% in March, says Halifax

The typical house price in March was £287,880, which was about 2% below a peak reached last August, according to Halifax’s report.

The Independent UK

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UK house prices rise again in March; Tui says Easter and summer bookings strong – as it happened

House prices rise for third month in a row as annual rate slows to lowest in three and a half years

The Guardian - UK

FTSE 100 Live: Shares up despite US uncertainty, IMF predicts weakest global growth since 1990

The UK housing market continues to show resilience after mortgage lender Halifax today reported an average property price rise of 0.8% in March.

Evening Standard

Housing market: inner London flat prices have fallen by 24 per cent ‘in real terms’ since 2016

According to new figures from Zoopla, the static average price of London flats represents a significant decline in real terms

Evening Standard

Why Sydney property prices could be about to rise again

The RBA's decision to keep the cash rate at 3.6 per cent will have an immediate impact on the nation's most expensive housing market, according to one expert, who's expecting buyers, and sellers, in Sydney to spring into action.

ABC News

Homebuilder stocks are trying to tell us something about the U.S. housing market

Homebuilders' stocks are back near all-time highs. Here's what that could say about the state of the market.

Fortune

Spring housing market ‘stalling’ as record low inventory plagues buyers

Ron Vlasic, 56, was one of 19 bidders on a $315,000, three-bedroom house in Des Plaines in February.

Chicago Tribune

Home sellers go on strike

Here's inventory data for the nation's 400 largest housing markets.

Fortune

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Fortune

Housing market correction weakens—where 7 revised forecast models see U.S. home prices going from here

As the housing market moves into its busier seasonal period, the correction is losing steam. Some markets are rising again.

Dublin Live

Housing market 'completely altered' as first quarter prices fall for the first time in decade

'The invasion of Ukraine and the associated shift in macroeconomic conditions, especially the rise in inflation and in interest rates, has completely altered conditions in the [housing] market'

Fortune

The U.S. housing market is holding up the best in the global correction—here's how far Goldman Sachs see global home prices falling

Goldman sees U.S. home prices having their second-biggest decline since World War II—but it's not even close to the Great Recession

Tribune News Service

US new-home sales unexpectedly rise, showing some stabilization

Sales of new U.S. homes unexpectedly rose in February after a downward revision to the prior month, suggesting the housing market is beginning to stabilize after a tumultuous year.

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Fortune

The slumped housing market reaches a critical juncture

The new construction market is thawing—just look at builder cancellation rates.

Evening Standard

London house price growth slows while rents record greatest increase since 2013

London house prices increased by 3.3 per cent in the year to January, which is down from the 5.9 per cent annual growth seen in December 2022.

AAP

Smashed avocados not to blame for housing crisis

Cost cutting isn't enough for young people on a moderate income to break into the housing market, with many hoping for help from "the bank of mum and dad".

The Conversation

The post-COVID crisis hit Queensland hardest. With 100,000 households needing low-cost housing, here's how it can recover

Pandemic-generated pressures have left our rental housing market reeling. Australia-wide, vacancy rates are at rock-bottom levels. Rents are soaring at record rates.

Fortune

A bifurcated housing market: Average Idaho homeowner sees equity decline by $21K while typical Florida homeowner gained $49K in 2022

Even as the housing slump sees national home prices come down a bit, most homeowners are still up big-time.

The Independent UK

Average long-term US mortgage rates come back down to 6.6%

The average long-term U.S. mortgage inched back down this week after five straight weeks of increases, good news for homebuyers as the housing market’s all-important spring buying season gets underway

Evening Standard

Budget 2023: Why Jeremy Hunt ‘missed a trick’ in ignoring the property market

Unusually, the Spring Budget did not contain any housing market announcements

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