The Latest Breaking News from Housing Market

More interest hikes will further weaken housing market, says FTSE 250 builder

FTSE 250 housebuilder reports drop in sales as it urges government to provide support for first-time buyers

The Guardian - UK · Jun 8, 2023

Eurozone falls into recession; US jobless claims jump; storm clouds over UK housing – business live

Eurozone economy shrank by 0.1% in the final quarter of last year, and the first three months of 2023, putting it into technical recession

The Guardian - UK · Jun 8, 2023

Property experts remain optimistic despite challenging housing market in Wales

Surveyors said the downturn in house sales could be bottoming out

Birmingham Post · Jun 8, 2023

Weekly US Government Data Roundup: June 5, 2023

Facts on when Social Security could become insolvent, two ways to analyze the most competitive housing markets in the country, plus data on HUD's affordable housing program.

USAFacts · Jun 5, 2023

Nine US cities where home owners are losing thousands on value of their property

The US housing market is witnessing an unprecedented decline in home prices, with cities like Oakland, San Francisco, Seattle, Los Angele and Salt Lake City experiencing significant drops

Daily Mirror · Jun 3, 2023

Eurozone inflation falls to 6.1%; Brexit a ‘historic economic error’; US private payrolls rise – as it happened

Eurozone inflation eased more than expected last month, as former US Treasury secretary Larry Summers warns Brexit helped to drive up UK inflation

The Guardian - UK · Jun 1, 2023

Housing market headwinds set to strengthen in near term, says Nationwide

Across the UK, house prices fell by 0.1% month on month and by 3.4% annually in May, Nationwide Building Society said.

The Independent UK · Jun 1, 2023

Moody's: Home prices in Chicago are undervalued while Tampa is overvalued—here's how the other 402 major housing markets look

In Q1 2022, U.S. home prices as measured by Moody's Analytics were "overvalued" by 27%. Now it's 17%.

Fortune · May 31, 2023

‘Reality check’ for the housing market as sales slide by 8% month-on-month

Experts suggest the slowdown is likely to be longer and deeper than originally anticipated

The Independent UK · May 31, 2023

Elon Musk says home prices will tumble 'next'—Redfin's CEO disagrees

Elon Musk thinks pain awaits the residential housing market, tweeting that "Commercial real estate is melting down fast. Home values next."

Fortune · May 31, 2023