Inflation and the housing market: What you can do as prices spike Inflation isn’t done with the American public yet. Tribune News Service · Oct 20, 2022
Is the housing market about to crash? Here’s what experts are saying After a record-breaking run that saw mortgage rates plunge to all-time lows and home prices soar to new highs, the U.S. housing market finally is slowing. While demand and price gains are cooling, any correction is likely to be a modest one, housing economists and analysts say. No one expects… Tribune News Service · Oct 20, 2022
Global housing market pain has echoes of a crash 30 years ago When Covid sent the UK economy into lockdown in 2020, the government jumped in to help the property market by cutting a tax on purchases. The temporary measure triggered a kind of mania among buyers, who responded by bidding up average prices by £31,000 ($35,000) — more than double the… Tribune News Service · Oct 20, 2022
Average UK house price hit record high of £296,000 in August Housing market professionals are expecting house price growth to slow amid the recent rise in mortgage rates. The Independent UK · Oct 19, 2022
Bellway reveals drop in housing demand and warns of a potentially shrinking market after mini-Budget CEO tells The Standard the min-Budget is “pretty much 100%” to blame for drop off in housing market demand Evening Standard · Oct 18, 2022
Housing market expected to benefit as Hunt rips up mini-budget Savills says move is ‘best feasible outcome’, but some experts say risk remains of ‘significant’ house price falls The Guardian - UK · Oct 17, 2022
Teresa Ghilarducci: Looking to buy a house? It's not the worst time As the housing market heated up during the pandemic, many would-be homeowners found themselves unable to buy despite making multiple offers or waiving inspections. Now, rising mortgage rates and low inventory may have them feeling quite depressed. In May, consumer sentiment about home-buying reached an all-time low. And yet if… Tribune News Service · Oct 17, 2022
The Week Ahead: Is the housing market braking or breaking? Imagine if the housing market were covered in the news like the stock market. Miami Herald · Oct 14, 2022
Mortgage lenders ‘should feel confidence to put more products on the market’ Some of the downward pressure on house prices and transactions will be tempered following the Government’s U-turn, a housing market expert suggests. The Independent UK · Oct 14, 2022
Housing markets tumbling, a signal that a wider recession is coming ATLANTA — The housing market is cooling quickly across the country under the weight of rapidly rising interest rates, a reversal that will worsen any economic slowdown in the months ahead, several real estate experts are warning. The Denver Post · Oct 13, 2022
Experts say ‘storm clouds are visible’ in the housing market Mortgage market turmoil in recent weeks has compounded increasing economic uncertainty, the Royal Institution of Chartered Surveyors said. The Independent UK · Oct 13, 2022
UK’s 13-year housing market boom to end in 2023, surveyors predict RICS report says rise in repossessions will add to supply while soaring interest rates price buyers out of market The Guardian - UK · Oct 12, 2022
Scottish housing market outlook challenging, amid reduced market activity New buyer enquiries in Scotland fall for third consecutive month Insider UK · Oct 12, 2022
‘Storm clouds gather’ over housing market as mortgage rates rise Mortgage market turmoil in recent weeks has compounded increasing economic uncertainty, the Royal Institution of Chartered Surveyors said. The Independent UK · Oct 12, 2022
WEKU · Oct 12, 2022 With mortgage rates near 7%, the housing party is over. Now it's hangover time Higher rates are dashing the dreams of some would-be homebuyers while others stretch to buy but spend close to $1,000 a month more in monthly payments for a typical house.
The Guardian - UK · Oct 12, 2022 Barratt reports slump in new home orders as mortgage rates rise Shares slide after developer warns of ‘less certain’ outlook as housing market hit by jump in borrowing costs
The Guardian - UK · Oct 11, 2022 If the Tories U-turn on no-fault evictions, they’ll be guaranteeing misery for renters Britain’s housing market feels like it’s stuck in the 19th century. Keeping cruel section 21 legislation will make it worse, says author Daniel Lavelle
Benzinga · Oct 11, 2022 As Home Rental Prices Continue To Jump More Americans Are Behind On Their Rent With the national home sales inventory disappearing and rising inflation and mortgage interest rates, the rental housing market is busting at the seams attempting to meet demand. And in some states, 25% of the people lucky enough to find available rental property are now behind on their monthly payments.
Edinburgh Live · Oct 10, 2022 Edinburgh property: Five of the city's cheapest properties as average price hits £299,649 The housing market feels like it is in a flux as demand is high but mortgage rates have hit a 12-year high. However, as a property expert predicts things with settle down, we've found the cheapest flats on the market in Edinburgh
StockNews.com · Oct 7, 2022 Rising Interest Rates Is Bad News for These 2 Stocks In its efforts to tame the persistently high inflation, the Fed has been aggressively hiking interest rates. However, the rising interest rates have dampened housing demand. With the Fed reiterating its hawkish stance, the housing market is expected to remain under pressure. Given this backdrop, it could be wise to…
The Guardian - UK · Oct 7, 2022 ‘Kicking myself I didn’t move faster’: fear and panic grips housing market In a Hertfordshire town, the slump has begun with buyers, sellers and estate agents tell of the effects of Kwarteng’s mini-budget
Edinburgh Live · Oct 7, 2022 Edinburgh property expert predicts end of year 'slowdown' in housing market The interest rate on a standard five-year fixed rate mortgage has exceeded six percent for the first time since 2010 thanks in part to the new Westminster Government’s mini-budget last month.
The Independent UK · Oct 6, 2022 Average long-term US mortgage rates dip to 6.66% this week Average long-term U.S. mortgage rates ticked down modestly this week after six straight weeks of gains pushed rates to heights not seen in more than a decade, before a crash in the housing market triggered the Great Recession in 2008
The Guardian - AU · Oct 5, 2022 Yes, the heat is coming off the housing market. But it wasn’t just on fire last year - it was burning uncontrolled We have an economy where even a slight fall in prices will do little to repair the damage of the past two years
Tribune News Service · Oct 5, 2022 Mortgage rates hit almost 7%, with little sign of falling Mortgage rates jumped to almost 7% as the housing market begins to cool in response to rising rates.