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The housing market is cooling off and some buyers are taking advantage

This article was originally published on Aug. 23, 2022.

China has been trimming interest rates recently – in contrast to other major economies – as it tries to stem the economic effects of its zero-COVID policy and address a growing property crisis. The country’s traditionally strong housing market has been affected by a funding crisis that has seen development…

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The housing market is cooling off across many capital cities, but it's unclear how far and fast prices will drop.

Record View says the sheer number of people forced to settle for a short-term fix proves how broken the housing market has become.

As rising mortgage rates continue to cool the housing market across the U.S., the Bay Area in July saw the largest monthly drop in home values of anywhere in the country, according to a new report from home listing site Zillow.

The U.S. housing market may be starting to slow down, but it is still hot. Double-digit appreciation is commonplace. Many sellers are still giddily sifting through multiple offers, and frantic buyers continue to pay more than asking prices — sometimes by $100,000 or more.

A new report from officials provides further evidence a lack of land, rather than building issues, has driven our house prices up most steeply.

The analysis said the land tax regime had increased the price of rental properties.