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The Latest Breaking News from Housing Market

Michael Pascoe: Why governments must meaningfully re-enter the housing market

Neither federal Labor nor the Coalition has any interest in dealing with the fundamentals underlying the housing crisis.

The New Daily · Feb 28, 2023

The Pandemic Housing Correction is both mild and the second biggest home price pullback of the post-WWII era

U.S. home prices as measured by the seasonally adjusted Case-Shiller National Home Price Index fell for the sixth straight month in December.

Fortune · Feb 28, 2023

These 124 housing markets are weathering the home price correction (so far) in 1981 fashion

Among the nation's 400 largest housing markets tracked by Zillow, 124 markets remain at their peak.

Fortune · Feb 28, 2023

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Fannie Mae: The housing market just pulled a head fake

The housing market’s “relative high note” in January and February is likely to “prove temporary,” say Fannie Mae economists.

Fortune · Feb 24, 2023

Average long-term US mortgage rate jumps to 6.5% this week

The average long-term U.S. mortgage rate jumped this week to its highest level since November, more bad news for a housing market that’s been in decline for a year

The Independent UK · Feb 23, 2023

The American climate migration has already begun

Millions of Americans will be displaced – and neither they, the government or the housing market are ready

The Guardian - US · Feb 23, 2023

Restrict home purchases in certain areas and reform property taxes to tackle unfair housing system, says charity

Those who are currently locked out of or struggling to cope in the housing market may become even worse off, the Joseph Rowntree Foundation said.

Evening Standard · Feb 23, 2023

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Housing market starts year on slow note in Las Vegas, US

Las Vegas’ housing market started the year on a slow note — and, a new report shows, so did the country overall.

Tribune News Service · Feb 23, 2023

The housing market correction has already caused homeowners to lose $2.3 trillion

A correction in home prices has erased $2.3 trillion in nationwide home values, but homeowners are still up roughly $13 trillion since February 2020.

Fortune · Feb 23, 2023

Changes needed to make housing system fairer in longer term, charity says

Those who are currently locked out of or struggling to cope in the housing market may become even worse off, the Joseph Rowntree Foundation said.

The Independent UK · Feb 23, 2023

The housing market correction just took a new turn

"Builders have taken their medicine for the most part right now on pricing," says Rick Palacios Jr., head of research at John Burns Real Estate Consulting.

Fortune · Feb 20, 2023

Tesco store workers get 7% pay increase; UK property asking prices stagnating – as it happened

Supermarket chain lifts hourly pay rates again, while UK property asking prices rose by £14 in February

The Guardian - UK · Feb 20, 2023

Housing market once again braces for higher mortgage rates—where 8 experts see rates going this year

The average 30-year fixed mortgage rate just shot back up to 6.8%.

Fortune · Feb 19, 2023

UK mortgage deals: how to navigate the rollercoaster rates ride

Amid a debate about what is happening to the housing market, what are your options?

The Guardian - UK · Feb 17, 2023

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Fortune · Feb 16, 2023

The housing market downturn isn’t over

Just as the U.S. housing market started to show some signs of life, mortgage rates began rising once again.

The Guardian - AU · Feb 16, 2023

Dozens re-detained after visa cancellation bill passes – as it happened

This blog is now closed

Tribune News Service · Feb 16, 2023

US housing market is overvalued by billions due to ignored flood risk

U.S. homes in areas prone to floods may be currently overvalued in the range of $121 billion to $237 billion, according to a report published Thursday in the journal Nature Climate Change.

Tribune News Service · Feb 9, 2023

Lower interest rates, prices bring buyers back to the housing market

As mortgage rates rose at a brisk pace last year while prices in North Texas were still at record highs, Harshal Bauskar’s family had to put a pause on their home search last summer.

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Fortune · Feb 9, 2023

These 2 maps show the inventory situation in America's 400 largest housing markets

Do home buyers or sellers have the upper hand? Let's take a look.

Evening Standard · Feb 9, 2023

Is it only the inheritocracy who can afford to live in London now?

With the average deposit amount reaching almost £150,000, it’s beginning to feel like only the wealthy can afford to buy in London — and it’s creating a brain drain as more talented people are forced out of the capital, says Alexandra Jones

The Guardian - UK · Feb 9, 2023

Deliveroo cutting 9% of staff; Bank of England governor pledges to get inflation down – as it happened

BoE governor Andrew Bailey has warned MPs that paying for public sector pay rises with borrowing could push up inflation

Insider UK · Feb 9, 2023

Demand and supply continue to soften in Scottish housing market

Latest surveyor survey show that new buyer demand fell through January

Fortune · Feb 8, 2023

Signs of life in the housing market could spell trouble

"All things being equal, that means we'd have to do more with our other tools," Minneapolis Fed President Neel Kashkari says.

The Guardian - UK · Feb 8, 2023

UK house sales outlook for 2023 remains ‘uncertain’, says Barratt

Housebuilder reports ‘modest uplift’ in reservations of new homes in January but remains cautious

The Guardian - UK · Feb 8, 2023

FTSE 100 index hits record high; CMA deals blow to Microsoft’s Activision takeover – business live

Blue-chip share index climbs on hopes that inflation has peaked, while Turkey’s stock market halts trading after main index drops 7%

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