The Latest Breaking News from Home Prices

We’re rounding the corner on 2022 and quickly heading toward a new year. That makes this a perfect time to prognosticate real estate matters for 2023. With mortgage rates escalating higher, home sales — and, in some areas, home prices — hitting the brakes, and increased uncertainty felt throughout the…

Rising home mortgage interest rates, a lack of seller inventory and still high home prices have thrown the residential real estate industry and investment strategies into a tailspin.

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…

Entrepreneur Ken Sim has unseated Kennedy Stewart as mayor of Vancouver, a city where runaway home prices and the cost of living have become pressing concerns among voters.

For the first time in a decade, home prices in Southern California are definitively falling.

Could housing prices finally be coming back down to earth? Year-over-year home-price growth decelerated at a record-setting pace in July 2022. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released September 27, reports that price growth dropped by 2.3% from June to July — from 18.1% to 15.8%.

The housing market is in the doldrums, but subtle shifts are finally on the way.

People expecting a big housing crash might not see it happen so fast.

Prices still up over 2021