The Latest Breaking News from Housing Market

UK economy shows signs of steadying amid pause in interest rate rises

Modest fall in mortgage costs and rising manufacturer confidence fuel hopes that pressure is easing on consumers and companies

The Guardian - UK · Dec 1, 2023

UK house prices inch higher but ‘rapid rebound’ in property market unlikely

House prices inched up by 0.2% last month, compared with October, Nationwide revealed in its monthly House Price Index.

The Independent UK · Dec 1, 2023

UK house prices rise for third month; factory downturn eases – as it happened

Nationwide reports house prices only fell 2% in year to November, and rose during the month, as mortgage rates fall

The Guardian - UK · Dec 1, 2023

London's hottest postcodes: the areas where buyer demand keeps rising despite the downturn

Home sales are falling across London but some micro-markets are bucking the trend. We take the temperature of the top 10 hottest spots

Evening Standard · Nov 23, 2023

Housing market analyst ‘Poison Ivy’ Zelman, who called the 2008 bust that led to the Great Financial Crisis, sees ‘extremely depressed levels’ of existing home sales for years

Existing home sales dropped 14.6% in October on a year-over-year basis—a new 13-year low.

Fortune · Nov 21, 2023

The housing market is crazy expensive, but 'an improvement in affordability that we have only seen a handful of times over the past ~35 years’ is coming, says Morgan Stanley

“The evolution of the U.S. housing market has been Herculean or devastating depending on where you look,” the strategists wrote in their forecast.

Fortune · Nov 20, 2023

Mortgage rates have been falling for weeks as inflation fades—but the housing market may still struggle with affordability and high home prices

“For those homebuyers who can wait, the spring will bring more new listings and lower mortgage rates," Bright MLS chief economist Lisa Sturtevant said.

Fortune · Nov 17, 2023

Stocks Fall Back on Disappointing Earnings from Cisco and Walmart

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.31%. Stocks this morning are mildly lower on some disappointing...

Barchart · Nov 16, 2023

Four in five Australian housing markets in growth mode

The rebound in home prices has reached most parts of the country although the pace of growth varies across cities and regions.

AAP · Nov 16, 2023

Lower inflation may be the hammer that cracks the unaffordable housing market for would-be homebuyers

Inflation slowing to 3.2% last month means home shoppers may benefit from stabilizing consumer prices and cheaper mortgages, if the Fed cuts interest rates.

Fortune · Nov 16, 2023