Zillow just got super bullish on these 37 housing markets Zillow expects 37 regional housing markets to see at least a 7% home price jump between April 2023 and April 2024. Fortune · May 23, 2023
The housing market enters into a pivotal stretch The average 30-year fixed mortgage rate could once again top 7%. Fortune · May 22, 2023
Fannie Mae: The housing market recession isn't over—and soon it'll help spur a 'mild' U.S. recession Fannie Mae: "We are expecting a significant slowdown in [housing] starts later this year" Fortune · May 21, 2023
Housing economist breaks down why millennials are losing out to boomers as top buyers of homes on the market As baby boomers downsize and millennials finally enter the housing market, they are in direct competition for similarly priced and sized homes. Fortune · May 20, 2023
Bankrate: Existing-home sales, prices decline again The housing market remained soft in April, a new report by the National Association of Realtors (NAR) shows. Sales of existing homes — previously occupied properties, rather than newly built homes — resumed their long downward slide. The number of sales in April was off 3.4% from last month and… Tribune News Service · May 18, 2023
Era of ‘massive’ UK house price rises nearing end, says OBR economist David Miles says working from home, stalling population growth and higher interest rates will shape market The Guardian - UK · May 18, 2023
Millennials and homebuying: Real estate adapts to the largest generation Millennials are the largest generation in the U.S., and everyone has been expecting members of this massive demographic cohort to reshape the housing market. So far, however, it hasn’t quite happened. Tribune News Service · May 18, 2023
Chicago’s rental market is stabilizing but seeing some of the fastest price increases in the US Bidding wars. Lack of inventory. Offers above asking price. All characteristics of the hot local housing market, these trends are now also showing up in Chicago’s rental market. Chicago Tribune · May 18, 2023
The Big Squeeze: The housing market is so unaffordable that builders have no choice but to build smaller homes “Fundamentally, every major housing market in the country is overpriced right now,” says Matt Saunders at John Burns Research and Consulting. Fortune · May 17, 2023
Housing market lacks lustre The housing market will need to rely on foreign demand to stimulate growth, as domestic buyers are facing challenges in obtaining loans, evidenced by a decline in residential transfers in the first quarter of 2023. Bangkok Post · May 16, 2023
Americans have had a sudden change of heart about buying a house, and only 1 in 5 think it's a good idea At least 50% of Americans had confidence in the housing market for nearly 50 years, but that all changed the last two years. Fortune · May 16, 2023
These 2 institutional giants went on home buying sprees during the Pandemic Housing Boom—now they're selling Institutional investors, like American Homes 4 Rent and Invitation Homes, are pulling back from the U.S. housing market. At least for now. Fortune · May 16, 2023
The housing market correction would regain new life if the U.S. defaults, says Moody’s chief economist The U.S. Treasury could run out of cash as soon as early June. That could deliver a big hit to the housing market. Fortune · May 14, 2023
London flat costs just £650 a month - but there's a man in a tent in the living room It is well known that the housing market in London is increasingly pricing out a lot of people from living in the capital, but one Brit has turned to a creative solution to afford it Daily Mirror · May 12, 2023
Fortune · May 11, 2023 Zillow: U.S. default would see mortgage rates top 8%, home sales plummet, and the housing market slip back into a 'deep freeze' If the U.S. defaults, Zillow says, mortgage rates could reach 8.4% by September.
USAFacts · May 11, 2023 Which US cities have the most competitive housing markets? Three metro areas have some of the most competitive housing markets in the country, with both low supply and high demand.
The Independent UK · May 11, 2023 Average long-term US mortgage rate falls to 6.35% this week, lowest level in 5 weeks The average long-term U.S. mortgage rate fell this week to its lowest level in five weeks, welcome news for house hunters looking for an edge as they navigate a housing market constrained by a near-historic low number of homes for sale
Insider UK · May 10, 2023 Scottish housing market activity weakens - but prices still rise Both demand and supply levels fell further into negative territory in the latest survey of surveyors
Fortune · May 10, 2023 What to expect next from the housing market Fortune rounded up revised home price forecasts from 9 major research firms.
Insider UK · May 10, 2023 Scottish housing market holds up in the face of economic headwinds Year-on-year house prices increased by 3.8%, while the overall number of transactions was down by 11%
The Guardian - AU · May 9, 2023 We are still on a path to widening inequality when it comes to housing. The budget doesn’t change that The fault lines in our housing market are now so deep that only fundamental change will halt country’s slide into social desperation
The Guardian - UK · May 9, 2023 Skipton’s 100% mortgage for renters offers hope – but not without risk Much depends on the housing market and there’s no agreement on how that’s faring right now
Fortune · May 9, 2023 The housing market slump saw builders rollout mortgage rate buydowns—here's when to expect the deals to disappear As the housing market stabilizes will builders cut back on incentives?
The Guardian - UK · May 9, 2023 UK housing market fears as Marshalls and Purplebricks shares slide Problems at landscaping supplier and online estate agent prompt share dips at housebuilders
The Guardian - UK · May 9, 2023 Annual UK house price growth hits 10-year low; China’s imports in surprise tumble – as it happened UK house prices rose in annual terms by just 0.1% in April, the smallest increase since December 2012, mortgage lender Halifax reports