The Latest Breaking News from Housing Market

Why are house prices falling?

With house prices dropping at the fastest rate since 2009, here is a look at what is behind the latest market trends and what could be on the horizon.

The Independent UK · Sep 7, 2023

A tale of 2 housing markets: The red-hot bottom and ice-cold top

"Upper price tier" home values are down 10.7% in Seattle, while "lower price tier" homes are down 1.5%.

Fortune · Sep 7, 2023

Housing market affordability is so strained that couples want down payment cash rather than a wedding gift

This couple added a “first home fund”—their one and only request on their wedding registry.

Fortune · Sep 3, 2023

Welcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down payment

Redfin chief economist Daryl Fairweather: "It seems like the only way to kind of get your foot in the door to the housing market is to have some help"

Fortune · Aug 29, 2023

UK competition watchdog raises concerns over housing market

Some landlords could be breaching consumer protection rules, while CMA is also investigating land held by largest housebuilders

The Guardian - UK · Aug 25, 2023

These are 5 ways surging mortgage rates are reshaping the housing market

The housing market is showing a split: Sales of existing homes were down last month, but sales of newly built houses were up.

WEKU · Aug 25, 2023

Self-made real estate millionaire Barbara Corcoran says U.S. home prices won’t fall—but could jump 10% or 15% if mortgage rates dip

Barbara Corcoran is getting bullish on U.S. home prices.

Fortune · Aug 23, 2023

Mortgage Rates Climb To 7.31%, Highest In 23 Years: Shocking Chart Reveals Tremors In Housing Market

The U.S. housing market is facing a seismic shock. Mortgage rates skyrocket to levels not seen in over two decades.

Zenger · Aug 23, 2023

Housing market affordability is worse now than at the height of the housing bubble in 2006

Housing affordability, as monitored by the Atlanta Fed, has already deteriorated beyond the levels seen at the housing bubble's peak in 2006.

Fortune · Aug 22, 2023

Homebuilder shares tumble as UK housing market weakens – as it happened

A profit warning from housebuilder Crest Nicholson compounded fears of a housing market slowdown, as Rightmove data revealed a further drop in asking prices

The Guardian - UK · Aug 21, 2023