The Latest Breaking News from Housing Market

'Attaining the American dream is becoming more challenging than ever' finds BofA's millennial housing survey

BofA: “While some Millennials could feel motivated to buy a home soon to get ahead of cost increases, others may stay out of the housing market due to affordability challenges.''

Fortune · May 8, 2023

'Quiet quitting' the U.S. housing market: One group of sellers has disappeared

Move-up buying has ground to a near halt.

Fortune · May 7, 2023

Spring bounce as home-buyer mortgage approvals rise in March

Some experts said the increase in mortgage approvals for house purchase is a sign of the housing market being more resilient than previously thought.

The Independent UK · May 4, 2023

Canada's costly housing market leaves international students open to exploitation

Skyrocketing rent prices in Canada’s major cities are leaving more and more people struggling to find an affordable place to live. National conversations about the housing crisis often overlook a growing segment of the population that is extremely vulnerable to housing discrimination, rent gouging, rights abuses and sexual harassment: international…

The Conversation · Apr 30, 2023

The Observer view on generational inequality: wealth redistribution requires political nerve

It’s time for baby boomers to share their spoils with the young, or else trouble lies ahead

The Guardian - UK · Apr 30, 2023

Why These 3 Homebuilder Stocks Are Worth Buying Despite Market Uncertainty

Despite ongoing interest rate increases and prevailing market uncertainties, the housing market's long-term prospects remain robust. Thus, it could be wise to consider some fundamentally sound homebuilder stocks NVR, Inc. (NVR), PulteGroup (PHM), and Skanska AB (SKBSY), for your portfolio. Read more….

StockNews.com · Apr 28, 2023

House in a skip: even tiny homes can’t address the privilege and insecurity of the housing market

When 28-year-old artist Harrison Marshall moved back to London after a spell abroad, he couldn’t find anywhere to live within his price bracket. So in March 2023 he moved into a converted skip. He had parked the yellow container on a patch of land in Bermondsey and kitted it out…

The Conversation · Apr 27, 2023

Vanguard: The housing market downturn is ‘why we view a mild U.S. recession in 2023 as most likely’

Housing market downturns usually result in recession, says Vanguard economists.

Fortune · Apr 26, 2023

‘Everyone’s fighting over crumbs’: New Jersey housing markets slip right back into the Pandemic Housing Boom

Some New Jersey housing markets are getting hot again—fast.

Fortune · Apr 25, 2023

This Industry Is Projected to Boom by the End of 2023: Own This Stock NOW

Despite the macroeconomic challenge, declining mortgage rates and improving homebuilders’ sentiments indicate that the housing market might be bouncing back. Homebuilding company M/I Homes (MHO) reported solid fiscal year 2022 results and has gained more than 40% year-to-date. Hence, I think the stock might be an ideal buy. Keep reading.

StockNews.com · Apr 25, 2023