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The Latest Breaking News from Housing Market

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 18, 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 17, 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 12, 2023

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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.

Fortune · Jan 10, 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?

WEKU · Jan 9, 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.

AAP · Jan 8, 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

The Independent UK · Jan 6, 2023

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Average UK house price has dropped for fourth month in a row, says Halifax

An annual fall in house prices appears imminent, some housing market experts have suggested.

The Independent UK · Jan 6, 2023

Something big is happening in the U.S. housing market—here's where 27 leading research firms think it'll take home prices in 2023

Among the nation's 27 leading housing researchers, 23 expect U.S. home prices to fall further in 2023.

Fortune · Jan 5, 2023

Warren Buffett’s Favorite Housing Metric Just Flashed A Major Signal: What To Watch In The Housing Market

Berkshire Hathaway CEO Warren Buffett explained the metrics he watches for a reversal in the housing market.

Zenger · Jan 5, 2023

McBride and Burry: Housing Will Crash in 2023

Real estate data and housing experts like Bill McBride paint a bearish picture for the US housing market, and related ETFs like XHB and ITB.

StockNews.com · Jan 5, 2023

New year stand-offs and price dips predicted for housing market in 2023

House sales are expected to be lower this year than in 2022 and some sellers may need to readjust their price and selling time expectations.

Evening Standard · Jan 4, 2023

Interactive map: The home price correction (or lack of correction) in America's 400 largest housing markets

Mark Zandi: The free-fall in home sales will soon bottom out, while the home price correction carries on.

Fortune · Jan 4, 2023

The Observer view on how Britain’s crises can be fixed by a shift in political culture

Only generous-spirited, long-term approach can tackle the catastrophes of poor growth, a crumbling NHS and a dysfunctional housing market

The Guardian - UK · Jan 1, 2023

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Daily Record · Dec 30, 2022

Property Scots prices booming as Johnstone is second-fastest growing town for housing market

The figures have been revealed as part of a report by the Bank of Scotland.

Fortune · Dec 28, 2022

We're in the second biggest home price correction of the post-WWII era—here's the latest data

The Fed’s “difficult [housing] correction” has seen the U.S. housing market flip from inflation mode to deflation mode.

Tribune News Service · Dec 27, 2022

Home prices slip for fourth month with US market slowing

The U.S. housing market continued to sag in October as the impact of higher mortgage rates and concerns over the economy rattled buyers and sellers.

ABC News · Dec 27, 2022

What Australia's housing market has been doing over the past year

During 2022, eight successive rate rises to combat high inflation quickly hit the housing market, slowing 2021’s extreme growth and remaining at the centre of the fall in Australia’s home prices. So what's next?

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WEKU · Dec 26, 2022

2022 marked the end of cheap mortgages and now the housing market has turned icy cold

The buying frenzy of a year ago is long gone. Home buyers have pulled away, sellers are holding back, and the whole housing market is locked in a deep freeze.

The Guardian - UK · Dec 26, 2022

Experts predict housing market will cool in 2023 as UK enters a recession

The slowdown is expected to intensify with price declines between 5% and 12%

Fortune · Dec 24, 2022

What the Fed’s December rate hike means for homebuyers and sellers

The December rate hike was the seventh bump in 2022, a year that saw mortgage rates swing wildly from 3.4% in January all the way to 7.12% in October before inching back down again.

Fortune · Dec 22, 2022

Where are home prices in America's 400 largest housing market headed in 2023? These 5 charts give us some clues

Buyers Vs. sellers: Let's take a closer look at inventory data in the nation's 400 largest markets.

Daily Mirror · Dec 22, 2022

UK's most expensive cities to buy a house outside of London - top 20 full list

The dynamics that have shaped the housing market over the last five years are shifting, property specialists Zoopla says as Cambridge and Oxford catch up with London's £524,400 house average

Bristol Post · Dec 22, 2022

Zoopla's new House Price Index shows Bristol property cost compared to UK cities

Zoopla has just released new figures for the UK’s housing markets

The Independent UK · Dec 21, 2022

Revealed: UK homebuyers’ most searched-for areas in 2022

Several housing market trends have headed back towards where they were before the coronavirus pandemic, Rightmove said

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