The Latest Breaking News from Housing Market

Inflation isn’t done with the American public yet.

After a record-breaking run that saw mortgage rates plunge to all-time lows and home prices soar to new highs, the U.S. housing market finally is slowing. While demand and price gains are cooling, any correction is likely to be a modest one, housing economists and analysts say. No one expects…

As the housing market heated up during the pandemic, many would-be homeowners found themselves unable to buy despite making multiple offers or waiving inspections. Now, rising mortgage rates and low inventory may have them feeling quite depressed. In May, consumer sentiment about home-buying reached an all-time low. And yet if…

Imagine if the housing market were covered in the news like the stock market.

Some of the downward pressure on house prices and transactions will be tempered following the Government’s U-turn, a housing market expert suggests.

ATLANTA — The housing market is cooling quickly across the country under the weight of rapidly rising interest rates, a reversal that will worsen any economic slowdown in the months ahead, several real estate experts are warning.

Mortgage market turmoil in recent weeks has compounded increasing economic uncertainty, the Royal Institution of Chartered Surveyors said.

RICS report says rise in repossessions will add to supply while soaring interest rates price buyers out of market

Mortgage market turmoil in recent weeks has compounded increasing economic uncertainty, the Royal Institution of Chartered Surveyors said.