The Latest Breaking News from Housing Market

House prices for buyers have started to fall, while housing rents have reached record highs

The housing market is still feeling the effects of September’s mini-Budget

The housing market is still feeling the effects of September’s mini-Budget

"Once you start the process of prices falling nationally, there is a self-fulfilling momentum to it because no one wants to catch a falling knife" says Diane Swonk, chief economist at KPMG.

On balance, agents expect the market to soften in the coming quarter

It’s been a wild real estate ride over the last few years. After a red-hot market characterized by bidding wars, low interest rates and elevated prices, mortgage rates increased to the highest level in 20 years, leading to a slowdown of both buying activity and purchase prices. Yet, with inventory…

With rising interest rates, there are growing concerns that the current housing market downturn may last through 2023, and a residential real estate brokerage is getting ahead of the curve by laying off 13% of its staff.

SEATTLE — The cooling housing market is driving yet another round of layoffs at a Seattle-based company.

Ever-rising prices meant the homebuilder channelled large sums to shareholders and executives in recent years

FORT LAUDERDALE, Fla. — Homeowners in South Florida are still seeing a return on their property, even as the housing market continues to cool down.

After months of production, five houses on The Block went under the hammer... or tried to. Here's how their wildly different auction results represent Australia's current housing market.