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The Latest Breaking News from Housing Market

Rachel Reeves says she wants to help first-time buyers. It won't work

Good evening! This week's edition of the In Common newsletter comes from Kaitlin Dryburgh, policy and communication co-ordinator at Common Weal.

The National (Scotland)

As Mortgage Rates Near 7%, Record Delistings Surge 47% — Homeowners Trapped Between Price Cuts And The Waiting Game

A growing number of frustrated sellers are yanking their listings just as climbing borrowing costs threaten to squeeze the housing market even harder.

Benzinga

6 Key Signs a Housing Market Will Soon Have Massive Price Drops

Wondering if home prices will drop? Learn 6 key signs a housing market correction is coming—from rising inventory to investor sell-offs and economic slowdowns.

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Moody's Warns Of Housing Market 'Red Flare' As Sales Plunge, Builders Back Off

The U.S. housing market is showing signs of a significant slowdown, with a sharp decline in sales and a potential threat to the economy, according to Moody’s.

Benzinga

Home sellers are so fed up with cutting listing prices they’re just yanking their homes off the housing market altogether

Delistings jumped 47% year-over-year in June, according to Realtor.com.

Fortune

Gen Z can't afford a house on their own—so they're buying with friends and family

The hippie movement is coming back for the housing market, but not like before.

Fortune

5 Tips From Robert Kiyosaki To Save You From Financial Disaster

Robert Kiyosaki, famed author and financial expert, offers plenty of advice on financial success. Here are his top tips to keep you from financial disaster.

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This Generation Is Buying a Shocking Amount of Homes (Hint: It’s Not Boomers)

Despite facing some of the most challenging housing market conditions in decades, Gen Z is not only entering the market but doing it in record numbers.

GOBankingRates

Why is the number of first-time US homebuyers at a generational low?

Young Americans are holding off on buying a home, with the average age in 2024 being a record high of 38

The Guardian - US

Why America Is Still in a Housing Slump — and What That Means for You

The U.S. housing market is still in a slump—find out why it’s dragging on and what it could mean for buyers and sellers.

GOBankingRates

Over 30 million homeowners don't have a mortgage right now. Here's why that's a big warning sign about the housing market

Homeowners also aren’t borrowing against their homes because interest rates are too high.

Fortune

The housing market is flashing warning signs about high mortgage rates and Gen Z and millennial first-time buyers, Capital Economics says

Don't expect mortgage rates to drop anytime soon, the London-based research firm says.

Fortune

House values break ceiling in almost half of suburbs

An upswing in home values has broadly eased, but almost 45 per cent of Australian suburbs are at record-high dwelling values after sustained growth.

AAP

Gen Z and millennials can't afford to buy a house, and it shows: The number of first-time homebuyers is half the historical norm

The number of first-time home buyers in 1995 was 3.2 million. Now it’s less than half that.

Fortune

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The Independent UK

Number of first time home buyers hits record low as rentals take over US housing market

The number of renter households in the U.S. has ballooned to a record 46 million

The Guardian - UK

Property prices flat in June amid signs UK job market may be ‘softening’

Expected interest rate cuts could support growth after fall in first-time buyers since end of stamp duty cut

Evening Standard

Average UK house price growth 'flattened out' in June following a dip linked to stamp duty changes

The housing market’s resilience ‘continues to stand out’ following stamp duty changes, Halifax said.

Evening Standard

FTSE 100 Live 07 July: Tariffs uncertainty stalls index, Shell shares fall

Cheaper Shell shares and a fresh round of tariffs uncertainty today fuelled a downbeat session for the FTSE 100 index.

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Evening Standard

No short-term recovery expected in housing market, says MJ Gleeson

The firm said profits over the past year have been hit by planning delays, the absence of a market recovery and rising costs.

Fortune

Condo prices are falling. Gen Z and millennials: This could be your shot to break into the housing market

Condo prices dropped 2% year over year, according to Redfin.

Benzinga

US Housing Market Is 'Not Just Broken, It's Rigged,' Says Craig Shapiro As Mamdani Vows To Build 200,000 Publicly Subsidized Homes, Freeze Rent In NYC

Economist Craig Shapiro has been calling for a national housing policy overhaul, as he believes the housing market is “rigged,” amid New York City mayoral candidate Zohran Mamdani‘s ambitious housing reform agenda.

Fortune

Falling home prices are raising the risk of a deeper correction as the housing market cracks under high mortgage rates

The latest Case-Shiller home price report showed a 0.3% monthly fall in the 20-city index in April, steeper than March's downwardly revised 0.2% dip.

The Independent UK

Housing red flag: Data show increase in cancellations of home purchase agreements versus a year ago

The latest sign of trouble in the U.S. housing market: A pickup in home purchase agreements falling through before they’re finalized

Benzinga

First They Bought Entire Neighborhoods – Now Wall Street Is Coming For The Equity In Your Neighbor's Home

Wall Street's move into single-family housing made national headlines just a few years ago.Firms like Blackstone and Invitation Homes were on a buying spree, snapping up tens of thousands of homes and building large-scale rental portfolios. Entire communities were developed specifically to rent, not own. It was one of the…

International Business Times

Housing Market Softens, With Rising Inventory And Stabilizing Demand

The Pending Home Sales Index—measuring signed contracts on existing homes—increased 1.8% in May to 72.6, surpassing analyst expectations.

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