The Latest Breaking News from Home Prices

Now they’re expecting him to build the housing they need, Redfin’s Glenn Kelman said.

Perth, Adelaide and Brisbane remain the strongest capital city property markets, with prices up 20.58%, 14.91% and 12.51% over the past year

Breaking down mortgage rates, sales, and home prices.

“Miami now shows the highest bubble risk among the cities in this study,” UBS said.

The Fed's tightening has had a ripple effect across the economy, slowing down housing demand and cooling the tech sector, which had seen explosive growth during the pandemic.

Oh, and of course, home prices are still skyhigh.

Since 2020, average US home prices are up 50% while wages have risen 23%, making home purchases out of reach for many.

The Fed cut rates at its September meeting for the first time in four years, with more on the way. Is it time to think about selling your house? Fed policy, inflation and the jobs market can all impact the housing market, creating both opportunities and challenges for sellers.

There are only two eras in recent history when home prices declined in America.