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The Latest Breaking News from Housing Market

Mortgage Demand Drops At 2023's Close With Hopes For Recovery In 2024

The demand for mortgages dropped by nearly 10% in the final week of 2023, signaling a housing market that is still recovering entering 2024.

International Business Times

Iceland's booming tourist industry and hot housing market is leaving locals out in the cold

Increased tourism, which accounts for about 6% of Iceland’s GDP, has meant a greater demand for workers and therefore, a greater need for housing.

Fortune

Why you may not be able to get on the housing ladder or buy a bigger home in 2024

Five million more UK households could feel the effects of recent interest rate increases in coming years. Roughly the same number have already been forced to remortgage since the recent spate of rate rises began in 2021, according to the Bank of England’s latest Financial Stability Report. These borrowers have…

The Conversation

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How 4 people met their match in 2023 with the least affordable housing market in decades

Many renters and would-be buyers were left frustrated by this year’s housing market.

Fortune

Mortgage Payments Soften, Existing Home Contracts Remain Unchanged

Is the housing market losing some steam? Contracts to buy existing homes remain stagnant as mortgage payments begin to wane, says the NAR.

Top News

2024 Buy or Hold Real Estate Stocks?

Despite the persistence of high property prices and tight inventory levels, cooling mortgage rates may incentivize prospective homebuyers to kick-start their property search, suggesting the housing market might be bouncing back. To that end, let's explore whether to buy or hold real estate stocks CBRE Group (CBRE), Hang Lung Properties…

StockNews.com

A new American era of housing haves and have-nots occurred this year

This year’s housing market was clearly “riddled with winners and losers,” Zonda’s chief economist, Ali Wolf, told Fortune.

Fortune

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Millennials, don’t hold your breath: 2024 probably won’t be your year to break into the housing market, either

The difficulty of saving up for a down payment, elevated mortgage rates, and high home prices top the list of troubles.

Fortune

Price Surge: US Housing Market Booms, Annual FHFA Report Reveals

FHFA reports annual increase in home prices in the US, signaling a robust housing market. Find out the latest trends in the real estate sector.

Top News

Housing market experts split on whether the ‘silver tsunami’ of baby boomer downsizing will happen in 2024

Baby boomers hold the largest share of housing wealth, at $18 trillion. What's going to happen to it?

Fortune

The housing market is being haunted like Scrooge this holiday season as Fortune 500 chief economist sees 'housing market of Christmas past' settling in for 2024

Housing market of today mimics that of the 1980s, First American chief economist Mark Fleming says

Fortune

Home Sales Plummet to Record Low, Economy Feels the Sting

US new home sales hit a snag in November, dropping to a one-year low. The housing market navigates a challenging landscape amidst the pandemic.

Top News

Cash buyers have accounted for around a third of home sales in 2023 – Zoopla

People buying homes without a mortgage are often older, wealthier and buying cheaper properties.

The Independent UK

Builders Boost Construction as Mortgage Rates Decline & Demand Rises

Homebuilders are revving up construction as mortgage rates decrease, sparking hope for a rebound in the housing market next year.

Top News

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Top News

Mortgage Rates Relax as Freddie Mac Reports Softening Trend

Freddie Mac reports a delightful dip in mortgage rates, offering a sweet spot for homebuyers and stimulating the housing market. Time to seize the dream home!

Top News

Surprise Surge: US Home Sales Sizzle in November!

Surprise surge in November as existing home sales in the US witness unexpected growth. Find out how the housing market defied expectations.

Barchart

Stock Index Futures Tick Higher on Fed Rate Cut Hopes, U.S. Housing Data in Focus

March S&P 500 E-Mini futures (ESH24) are up +0.18%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.11% this morning as optimism about interest rate cuts from the U.S. Federal Reserve next year continued to underpin sentiment, with investors bracing for the release of fresh data on the U.S.…

Barchart

Stock Index Futures Tick Higher Ahead of U.S. Housing Data

March S&P 500 E-Mini futures (ESH24) are up +0.06%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.02% this morning as market participants geared up for the release of fresh data on the U.S. housing market.

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International Business Times

Housing Market In 2024: Another Boom Or Another Bust?

Lower interest rates ease the cost of financing home purchases. As a result, it could help revitalize the market for existing homes, as homeowners will be looking for opportunities to move to bigger or smaller homes, depending on their family needs.

Barchart

Dollar Posts Modest Gains on Higher T-Note Yields

The dollar index (DXY00 ) on Monday rose by +0.04% and posted modest gains. The as-expected increase in the U.S. Dec NAHB housing market index report Monday and higher T-note yields were supportive factors for the dollar. Gains in the dollar on Monday were muted as stocks rallied, which curbed...

Fortune

The Californication of the country’s housing market

Record homelessness, sky-high rents, and homes affordable only to millionaires: A case study in how local control and a shifting national economy created today’s perverse housing market.

Fortune

The frozen U.S. housing market is finally starting to thaw as mortgage rates drop below 7% and more homes change hands

Declining mortgage rates are “breathing new life” into housing market, Redfin says.

The Independent UK

What does Bank of England interest rates decision mean for my mortgage and savings?

‘Green shoots’ already appearing in housing market, expert suggests as market eyes rate cuts next year

Top News

UK Housing Market Stabilises Amidst High Rates: RICS

Explore the battle of scales as the UK housing market finds calm waters amid stormy high rates. Sail into the RICS report illuminating this financial seesaw!

International Business Times UK

UK Housing Market Sees December Dip as Average Asking Prices Drop by £7,000

There is a shift in the dynamics of the property landscape as the new seller's average asking prices are 1.1 per cent lower.

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