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The Latest Breaking News from Housing Market

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

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

From analysis to the latest developments in health,
read the most diverse news in one place.

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

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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

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.

Tribune News Service

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

Evening Standard

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.

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.

Fortune

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

The Guardian - UK

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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

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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…

Fortune

The housing market recession could be bottoming out. What does it mean for home prices?

To better understand what's going on in the U.S. housing market, Fortune reached out to Zonda chief economist Ali Wolf.

The New Daily

‘Green shoots’: Housing market outlook improves, despite further falls in property prices

The slide in Australian property prices eased sharply over the December quarter, with fresh data revealing falls slowed six-fold.

The Independent UK

December US home sales fall, capping nearly 18% drop in 2022

Sales of previously occupied U.S. homes slumped nearly 18% in 2022, the slowest year for the housing market in nearly a decade

Birmingham Post

Welsh housing market weakens as buyer demand expected to decline in 2023

House prices and sales in Wales continue to be on a downward trajectory

Fortune

Moody’s vs. Zillow: Each firm’s 2023 home price outlook for over 300 regional housing markets

Economists are divided as to whether the housing correction is simply a minor setback for home price growth or the early innings of a sharper correction.

Fortune

Construction is slowing down worldwide, hitting 7 out of 10 countries this year

Construction in countries worldwide is set to decline globally, but there may be light at the end of the tunnel for builders.

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