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The Latest Breaking News from Housing Market

Lower interest rates, prices bring buyers back to the housing market

As mortgage rates rose at a brisk pace last year while prices in North Texas were still at record highs, Harshal Bauskar’s family had to put a pause on their home search last summer.

Tribune News Service

These 2 maps show the inventory situation in America's 400 largest housing markets

Do home buyers or sellers have the upper hand? Let's take a look.

Fortune

Is it only the inheritocracy who can afford to live in London now?

With the average deposit amount reaching almost £150,000, it’s beginning to feel like only the wealthy can afford to buy in London — and it’s creating a brain drain as more talented people are forced out of the capital, says Alexandra Jones

Evening Standard

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Deliveroo cutting 9% of staff; Bank of England governor pledges to get inflation down – as it happened

BoE governor Andrew Bailey has warned MPs that paying for public sector pay rises with borrowing could push up inflation

The Guardian - UK

Demand and supply continue to soften in Scottish housing market

Latest surveyor survey show that new buyer demand fell through January

Insider UK

Signs of life in the housing market could spell trouble

"All things being equal, that means we'd have to do more with our other tools," Minneapolis Fed President Neel Kashkari says.

Fortune

UK house sales outlook for 2023 remains ‘uncertain’, says Barratt

Housebuilder reports ‘modest uplift’ in reservations of new homes in January but remains cautious

The Guardian - UK

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FTSE 100 index hits record high; CMA deals blow to Microsoft’s Activision takeover – business live

Blue-chip share index climbs on hopes that inflation has peaked, while Turkey’s stock market halts trading after main index drops 7%

The Guardian - UK

Goldman Sachs makes a bold housing market call

U.S. home prices might be nearing the bottom, says Goldman Sachs.

Fortune

CoreLogic updates its home price risk assessment for 392 U.S. housing markets

The big question heading forward is will the home price correction soon fizzle out or carry on?

Fortune

The economic shock hitting the U.S. housing market just lost some punch

The average 30-year fixed mortgage rate falls to 5.99%. That's a five-month low.

Fortune

Here’s how much profit sellers made on Florida homes last year

Home sellers in South Florida made record profits last year, even with the housing market slowing down in the later half.

Tribune News Service

The housing market correction, as told by 4 charts

Overheated housing markets are seeing sharp home price corrections. Other markets, not so much.

Fortune

UK house prices fall again - down 3.2% from last year peak, according to Nationwide

Even though this may sound like positive news for buyers, Nationwide says that it is "too early" to tell whether the housing market had started to recover after the infamous "mini budget" last year

Daily Mirror

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Tribune News Service

US housing market cools with prices down 2.5% from peak in June

The US housing slump stretched into a fifth month, sending a measure of prices down 2.5% from a peak in June.

Evening Standard

Homeowners and housing market on watch for signs of peak rates into Bank of England hike

Monetary Policy Committee set to lift base rates at high noon on Thursday

Fortune

Housing market slump gives homebuilders no choice but to offer aggressive mortgage rate buydowns

As of last month, 75% of U.S. homebuilders were offering mortgage rate buydowns, according to John Burns Real Estate Consulting.

Fortune

National home prices have further to fall, say 24 leading housing market researchers—while 5 firms think prices have bottomed

Fortune tracked down the latest home price forecasts from 29 of the nation's leading housing researchers.

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news in one place.

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Fortune

Everywhere you look, the economy is in a deep freeze. But does that mean a recession is coming?

From the housing market to venture capital activity, many parts of the economy are in a deep freeze. And experts say they may not thaw out until next year.

The Guardian - UK

Why UK house prices could plunge by 20% after the latest interest rate hike

Property market has defied gravity for years but analysts say rising mortgage rates will mirror the 1980s price crash

Axios

The housing market wakes from the dead

It's a good sign for the economy overall.

Tribune News Service

Inflation and the housing market: Decoding the latest number

There’s good news on the inflation front: December 2022 marked the sixth straight month that the U.S. rate of inflation has decreased.

Daily Record

Most 'affordable' areas in Scotland for first time buyers named as deposits reach over £40,000

House prices and deposits were both up from 2021 whilst the average age of buyers entering the Scottish housing market is 31.

Birmingham Post

Europe’s biggest brick factory ready to go online as owner Forterra reports slowing sales

Despite strong results for 2022 demand has slowed in recent months as the UK housing market cooled

The Conversation

Atlanta's BeltLine shows how urban parks can drive 'green gentrification' if cities don't think about affordable housing at the start

Is Atlanta a good place to live? Recent rankings certainly say so. In September 2022, Money magazine rated Atlanta the best place to live in the U.S., based on its strong labor market and job growth. The National Association of Realtors calls it the top housing market to watch in…

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