Homeowners and housing market on watch for signs of peak rates into Bank of England hike Monetary Policy Committee set to lift base rates at high noon on Thursday Evening Standard · Jan 31, 2023
Housing market slump gives homebuilders no choice but to offer aggressive mortgage rate buydowns As of last month, 75% of U.S. homebuilders were offering mortgage rate buydowns, according to John Burns Real Estate Consulting. Fortune · Jan 31, 2023
National home prices have further to fall, say 24 leading housing market researchers—while 5 firms think prices have bottomed Fortune tracked down the latest home price forecasts from 29 of the nation's leading housing researchers. Fortune · Jan 28, 2023
Everywhere you look, the economy is in a deep freeze. But does that mean a recession is coming? From the housing market to venture capital activity, many parts of the economy are in a deep freeze. And experts say they may not thaw out until next year. Fortune · Jan 28, 2023
Why UK house prices could plunge by 20% after the latest interest rate hike Property market has defied gravity for years but analysts say rising mortgage rates will mirror the 1980s price crash The Guardian - UK · Jan 28, 2023
The housing market wakes from the dead It's a good sign for the economy overall. Axios · Jan 27, 2023
Inflation and the housing market: Decoding the latest number There’s good news on the inflation front: December 2022 marked the sixth straight month that the U.S. rate of inflation has decreased. Tribune News Service · Jan 26, 2023
Most 'affordable' areas in Scotland for first time buyers named as deposits reach over £40,000 House prices and deposits were both up from 2021 whilst the average age of buyers entering the Scottish housing market is 31. Daily Record · Jan 26, 2023
Europe’s biggest brick factory ready to go online as owner Forterra reports slowing sales Despite strong results for 2022 demand has slowed in recent months as the UK housing market cooled Birmingham Post · Jan 25, 2023
Atlanta's BeltLine shows how urban parks can drive 'green gentrification' if cities don't think about affordable housing at the start Is Atlanta a good place to live? Recent rankings certainly say so. In September 2022, Money magazine rated Atlanta the best place to live in the U.S., based on its strong labor market and job growth. The National Association of Realtors calls it the top housing market to watch in… The Conversation · Jan 25, 2023
The housing market recession could be bottoming out. What does it mean for home prices? To better understand what's going on in the U.S. housing market, Fortune reached out to Zonda chief economist Ali Wolf. Fortune · Jan 25, 2023
‘Green shoots’: Housing market outlook improves, despite further falls in property prices The slide in Australian property prices eased sharply over the December quarter, with fresh data revealing falls slowed six-fold. The New Daily · Jan 24, 2023
December US home sales fall, capping nearly 18% drop in 2022 Sales of previously occupied U.S. homes slumped nearly 18% in 2022, the slowest year for the housing market in nearly a decade The Independent UK · Jan 20, 2023
Welsh housing market weakens as buyer demand expected to decline in 2023 House prices and sales in Wales continue to be on a downward trajectory Birmingham Post · Jan 20, 2023
Fortune · Jan 20, 2023 Moody’s vs. Zillow: Each firm’s 2023 home price outlook for over 300 regional housing markets Economists are divided as to whether the housing correction is simply a minor setback for home price growth or the early innings of a sharper correction.
Fortune · Jan 19, 2023 Construction is slowing down worldwide, hitting 7 out of 10 countries this year Construction in countries worldwide is set to decline globally, but there may be light at the end of the tunnel for builders.
The Independent UK · Jan 19, 2023 Average long-term US mortgage rate lowest since September The average long-term U.S. mortgage rate fell this week to its lowest level since September, a potential boost to the housing market which has been in decline for nearly a year
Tribune News Service · Jan 19, 2023 Charlotte might be the hottest housing market in the country. Here’s why Charlotte’s housing market will be the hottest in the country this year, a new study predicts, but it’s not all bad news for prospective homeowners.
Fortune · Jan 18, 2023 Is the housing market recession nearing a trough? Experts detect a little rise in activity The seasonally adjusted Mortgage Purchase Application Index just rose 24.7%.
Fortune · Jan 17, 2023 The free-fall in housing market activity just concluded, says Capital Economics U.S. home prices will continue to fall in 2023 even as home sales bottom out, says Capital Economics.
Fortune · Jan 12, 2023 The Fed’s ongoing housing market ‘reset’ sees buyer cancellation rate at one of the nation’s largest homebuilders spike to 68% KB Home announced that its buyer cancellation rate in the fourth quarter of 2022 spiked to 68%. That's up from 13% in the fourth quarter of 2022.
Fortune · Jan 10, 2023 A 1981-level mortgage rate shock has the housing market in a correction—these 7 leading research firms predict what's next for rates There are only three levers that can depressurize affordability: Rising incomes, falling home prices, and falling mortgage rates.
WEKU · Jan 9, 2023 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?
AAP · Jan 8, 2023 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.
The Independent UK · Jan 6, 2023 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