The Latest Breaking News from Housing Market

The home improvement giant posted a 0.2% gain in same-store sales for the quarter and lowered its full-year profit forecast, citing persistent challenges in housing and consumer spending.

On Tuesday, home improvement retail giant Home Depot, Inc. (NYSE:HD) lowered its full-year profit forecast, attributing the change primarily to weaker demand, cautious consumers and a stalled housing market. 

London’s homes are worth an estimated £2.64 trillion — almost a quarter of the value of the entire UK residential market, Zoopla finds

With record low housing affordability and more Australians destined for lifelong renting, governments are encouraging more “build-to-rent” housing across Australia.

With the Federal Reserve moving away from its prior efforts to tighten money supply, the measure theoretically provides relief for many economic entities. Under basic economic principles, reduced costs of borrowing encourage capital expenditures, investments and other growth-centered activities. However, one of the more obvious beneficiaries is the housing market.

Real estate mogul Barbara Corcoran says this mortgage rate could spark a housing market frenzy. Here’s what buyers should know.

Other recent data solidifies just how difficult it’s been for younger generations to break into the housing market.

Last month, 93 percent of Americans said they believe housing costs are too high

FHFA Director Bill Pulte confirmed Saturday, “We are indeed working on The 50-year Mortgage – a complete game changer."