The Latest Breaking News from Housing Market

What is happening to the UK homebuying and rental markets?

House prices for buyers have started to fall, while housing rents have reached record highs

The Guardian - UK · Nov 14, 2022

UK house prices fall £4,159 in a month while rents hit new record high

The housing market is still feeling the effects of September’s mini-Budget

Evening Standard · Nov 14, 2022

London house prices drop £13,000 in a month as jittery buyers step back from the market

The housing market is still feeling the effects of September’s mini-Budget

Evening Standard · Nov 14, 2022

Seattle’s Redfin to cut workforce by at least 13%, end its house flipping initiative

SEATTLE — The cooling housing market is driving yet another round of layoffs at a Seattle-based company.

Tribune News Service · Nov 9, 2022

End of the good times for Persimmon as cracks appear in housing market

Ever-rising prices meant the homebuilder channelled large sums to shareholders and executives in recent years

The Guardian - UK · Nov 8, 2022

Homeowners are still getting ‘equity rich’ despite the slowing market

FORT LAUDERDALE, Fla. — Homeowners in South Florida are still seeing a return on their property, even as the housing market continues to cool down.

Tribune News Service · Nov 8, 2022

What The Block 2022 auction results tell us about Australia's housing market

After months of production, five houses on The Block went under the hammer... or tried to. Here's how their wildly different auction results represent Australia's current housing market.

ABC News · Nov 7, 2022

LTV changes set to hit housing market

The residential market will contract by 10% next year as the easing of loan-to-value (LTV) measures for mortgages expires on Dec 31, 2022, says SET-listed developer Supalai.

Bangkok Post · Nov 5, 2022

Layoffs hit the mortgage industry as the housing market sees an 'across-the-board slowdown'

PHILADELPHIA — Whenever the the housing market slows significantly, layoffs in the mortgage industry follow.

The Philadelphia Inquirer · Nov 3, 2022

The Standard View: Higher interest rates, spending cuts and tax rises leave the economy on the brink

When it rains, it pours. Estate agent Savills predicts that the mainstream London housing market will suffer the most acute fall in prices out of all regions in 2023. That’s despite properties in the city enjoying the more modest end of price growth since the pandemic.

Evening Standard · Nov 3, 2022