The Latest Breaking News from Housing Market

The crazy housing market is finally slowing

But rising mortgage rates will continue to put the squeeze on buyers.

Axios · May 16, 2022

Eye-watering house prices see first-time buyers priced out of housing market

IN the 1970s the average Scottish house price was just £3617. In the 1980s it was more than £15,000, by the 1990s it was around £35,000 and come…

The National (Scotland) · May 15, 2022

Musk On Housing Bubble Burst: 'They Dug Their Own Graves – A Lesson We Should All Take To Heart'

Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk's eclectic thoughts and views are usually on full display in his tweets. This time around, he shared his views on the housing market collapse.

Benzinga · May 14, 2022

Tasmania's housing market frenzy may be over, but prices still at an all-time high

There are signs Tasmania's real estate market has started to soften, with the Real Estate Institute of Tasmania's March quarterly report indicating the number of property sales has dropped — but prices are still running hot.

ABC News · May 9, 2022

Has the interest rate rise broken Australia’s housing market fever?

Prices remain high, but the days of frenzied auction bidding may be numbered with the recent interest rate hike and a slowing market

The Guardian - AU · May 8, 2022

Rising interest rates could slam the breaks on the pandemic property boom

The Bank of England recently announced a lift in the borrowing rate from 0.75% to 1% - the highest level in 13 years, with a chilling warning that the UK economy is set to go into reverse

Daily Mirror · May 6, 2022

Higher interest rates and mortgage repayments will be 'the new normal' for home owners in 2022, analyst says

The Reserve Bank's 25-basis point increase is just the first of many on the horizon, and Queensland homeowners need to brace for higher home loan repayments over the next 18 months, a leading property analyst says.

ABC News · May 3, 2022

Buoyant economy and housing market boost Danske Bank's Northern Ireland profits

The bank made £16.7M in the first quarter, up from £15.8M in the same period in 2021

Birmingham Post · Apr 29, 2022

Fear of missing out is fueling the real estate market, and experts are concerned

Rising interest rates and higher home prices would normally cool a hot housing market, yet the national and local real estate scenes continue to run red hot.

Tribune News Service · Apr 28, 2022

Fears of housing bubble mount, but any correction won’t be like the last

In the first year of the pandemic, home values defied expectations by skyrocketing. During the second year of life with COVID, property prices soared even more.

Tribune News Service · Apr 28, 2022