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The Latest Breaking News from Housing Market

Buying a home became a key way to build wealth. What happens if you can't afford to?

Owning a home is still a cornerstone of the American dream for many, and a key way to build wealth. What happens when a pandemic and economic headwinds make that feel out of reach?

WEKU

Plunging home values break 40-year record

Higher interest rates, household debt and the erosion of savings since the pandemic have been blamed for the steepest plunge in home values since at least 1980.

AAP

Revealed: Where in the UK house prices have dropped the most

An annual fall in house prices appears imminent, some housing market experts have suggested

The Independent UK

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Average UK house price has dropped for fourth month in a row, says Halifax

An annual fall in house prices appears imminent, some housing market experts have suggested.

The Independent UK

Something big is happening in the U.S. housing market—here's where 27 leading research firms think it'll take home prices in 2023

Among the nation's 27 leading housing researchers, 23 expect U.S. home prices to fall further in 2023.

Fortune

Warren Buffett’s Favorite Housing Metric Just Flashed A Major Signal: What To Watch In The Housing Market

Berkshire Hathaway CEO Warren Buffett explained the metrics he watches for a reversal in the housing market.

Zenger

McBride and Burry: Housing Will Crash in 2023

Real estate data and housing experts like Bill McBride paint a bearish picture for the US housing market, and related ETFs like XHB and ITB.

StockNews.com

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New year stand-offs and price dips predicted for housing market in 2023

House sales are expected to be lower this year than in 2022 and some sellers may need to readjust their price and selling time expectations.

Evening Standard

Interactive map: The home price correction (or lack of correction) in America's 400 largest housing markets

Mark Zandi: The free-fall in home sales will soon bottom out, while the home price correction carries on.

Fortune

The Observer view on how Britain’s crises can be fixed by a shift in political culture

Only generous-spirited, long-term approach can tackle the catastrophes of poor growth, a crumbling NHS and a dysfunctional housing market

The Guardian - UK

Property Scots prices booming as Johnstone is second-fastest growing town for housing market

The figures have been revealed as part of a report by the Bank of Scotland.

Daily Record

We're in the second biggest home price correction of the post-WWII era—here's the latest data

The Fed’s “difficult [housing] correction” has seen the U.S. housing market flip from inflation mode to deflation mode.

Fortune

Home prices slip for fourth month with US market slowing

The U.S. housing market continued to sag in October as the impact of higher mortgage rates and concerns over the economy rattled buyers and sellers.

Tribune News Service

What Australia's housing market has been doing over the past year

During 2022, eight successive rate rises to combat high inflation quickly hit the housing market, slowing 2021’s extreme growth and remaining at the centre of the fall in Australia’s home prices. So what's next?

ABC News

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WEKU

2022 marked the end of cheap mortgages and now the housing market has turned icy cold

The buying frenzy of a year ago is long gone. Home buyers have pulled away, sellers are holding back, and the whole housing market is locked in a deep freeze.

The Guardian - UK

Experts predict housing market will cool in 2023 as UK enters a recession

The slowdown is expected to intensify with price declines between 5% and 12%

Fortune

What the Fed’s December rate hike means for homebuyers and sellers

The December rate hike was the seventh bump in 2022, a year that saw mortgage rates swing wildly from 3.4% in January all the way to 7.12% in October before inching back down again.

Fortune

Where are home prices in America's 400 largest housing market headed in 2023? These 5 charts give us some clues

Buyers Vs. sellers: Let's take a closer look at inventory data in the nation's 400 largest markets.

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Daily Mirror

UK's most expensive cities to buy a house outside of London - top 20 full list

The dynamics that have shaped the housing market over the last five years are shifting, property specialists Zoopla says as Cambridge and Oxford catch up with London's £524,400 house average

Bristol Post

Zoopla's new House Price Index shows Bristol property cost compared to UK cities

Zoopla has just released new figures for the UK’s housing markets

The Independent UK

Revealed: UK homebuyers’ most searched-for areas in 2022

Several housing market trends have headed back towards where they were before the coronavirus pandemic, Rightmove said

The Independent UK

Rightmove reveals most searched-for areas for home buyers in 2022

Several housing market trends have headed back towards where they were before the coronavirus pandemic, the website said.

The Conversation

Is the global housing market about to crash?

Amid all the current geopolitical conflicts and economic events, investors are watching the real estate market with bated breath. If recent headlines around the world are anything to go by, they are right to do so. With prices down by 15% from their peak, Sweden’s housing market is said to…

The Guardian - UK

Last month 72% of estate agent outlets ‘made most sales below asking price’

Research from body representing industry in UK underlines that housing market is slowing

Fortune

Intensified housing market correction has homebuilders offering sweetheart deals to Wall Street

Homebuilders have clearly turned to their housing downturn playbook. Only there's a new wrinkle: Institutional investors.

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