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The Latest Breaking News from Home Prices

Real estate CEO says pandemic boomtowns in Florida and Texas are overvalued—and in some cases, are crashing

“These pandemic boomtowns, they just got way too expensive over the last two or three years,” chief executive of Reventure Consulting and Reventure App said.

Fortune

The magic mortgage rate is anything below 6%, top real estate CEO says

“That’d be marketing magic, and would tell the world that mortgage rates are at a level where they should go and grab a property,” Compass cofounder Robert Reffkin said.

Fortune

As more Texans struggle with housing costs, homeownership becoming less attainable

A new housing report from Harvard University found that would-be homebuyers need to make more money than ever if they want to buy a home in Texas’ urban areas.

The Texas Tribune

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US Home Prices Reach Record Highs, Creating Divide Among Buyers

Learn about the record-high US home prices and the challenges faced by first-time buyers in the competitive housing market.

Top News

The ‘affordability crisis’ has long plagued renters—but now it’s coming for homeowners

Nearly one in four homeowners are now “stretched worryingly thin,” states a new Harvard University report.

Fortune

Australian house prices expected to spike again

Australian home prices are set to hit new heights as population growth, construction challenges and borrowing power hits the market.

AAP

Home prices are rising at their slowest pace in more than a year, and mortgage rates could drop soon, setting up a showdown between buyers and sellers

“A drop in mortgage rates would bring both buyers and sellers back to the market, which could either accelerate price growth or pull it back,” a Redfin economist said.

Fortune

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China new home prices drop at fastest rate in nearly a decade

Property glut holds down prices despite government attempts to revive market

The Guardian - UK

China's New Home Prices Experience Biggest Fall In A Decade

China's real estate market faces challenges with declining prices, while other sectors show signs of improvement. Concerns about deflation persist amidst t...

Top News

China new home prices fall at fastest rate in nearly 10 years; French political uncertainty weighs on markets – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Home prices in three cities are outpacing their peers

Australia's housing market is made up of laggards and leaders in home price growth and the gap is expected to linger in the coming months.

AAP

The hot metros of the pandemic are crashing back to earth as demand for their homes cools

Housing markets in Texas and Florida were once all the rage, so their home prices and rents soared, but now they’re falling in this very different economic environment.

Fortune

Zero percent down mortgages might help more first-time homebuyers break into the housing market—but there are caveats

United Wholesale Mortgage announced a 0% down program last month, and since then it’s been all the rage, but people are split: Does it eliminate a barrier or will it launch us into another subprime mortgage crisis?

Fortune

Home prices could start falling this summer, marking the 'first domino to fall' on the way to a weaker economy, strategist says

"The housing market is really the first domino to fall on what we think is going to be a slower growth story down the road."

Fortune

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The Independent UK

With home prices up more than 50%, some states try to contain property taxes

Rising home values have led to higher real estate taxes around the US. Now many states are looking to provide relief to frustrated residents

Fortune

The cost of housing has skyrocketed since Biden's presidency. Now a study says it could help him win critical states in the election

Americans’ unhappiness with the cost-of-living crisis, it turns out, sometimes exempts homeowners.

Fortune

National home prices just broke another record for the 9th time in 12 months

“We’ve witnessed records repeatedly break in both stock and housing markets over the past year,” one analyst said.

The Conversation

Colorado takes a new – and likely more effective – approach to the housing crisis

In recent years, Colorado has been a poster child for the U.S. housing crisis. Previously a relatively affordable state, it has seen home prices increase nearly sixfold over the past three decades, outstripping even Florida and California.

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The Texas Tribune

Austin enacts sweeping reforms to cut down housing costs

City leaders and advocates hope reducing the size of lots used to build homes will increase housing supply.

Kiplinger

Is This the Worst Time To Buy a Home?

A new poll shows a vast majority of Americans believe now is a bad time to buy a house, in the worst low in Gallup's history.

Latin Times

Cost of buying a house is the highest in at least a decade, Redfin says

This is a result of the combination of rising mortgage rates and home prices

Top News

Hong Kong Home Prices Increase By 1.1% In March

Hong Kong's property market shows signs of recovery with a 1.1% increase in home prices, offering hope for investors and homeowners.

Top News

China's Home Prices Decline Rapidly, Biggest Drop Since 2015

China's real estate market experiences significant decline in new home prices, raising concerns and attracting attention from analysts and investors.

Top News

China's Home Prices Surge To 2.5-Year High

Survey shows China's new home prices surge due to demand, government policies, and economic factors.

The Texas Tribune

Republicans’ budding interest in Texas’ housing crisis could create strange political bedfellows

Republican lawmakers may try to force Texas cities to allow greater housing density as the state faces a housing crunch.

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