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The Latest Breaking News from Home Prices

Wells Fargo says home sales aren't far off from levels seen in the wake of the Great Recession

"The tepid pace of home sales can not be blamed on a recession," Wells Fargo economists wrote.

Fortune

What to Expect in the Rest of This Year's Housing Market

Most likely, mortgage rates will stay above 6%, and home prices will climb moderately. But that shouldn't dissuade buyers who are ready to make a move.

Kiplinger

Florida is considering doing away with property taxes

Home prices in the Sunshine State have been soaring, despite rising insurance costs.

Fortune

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EXp Realty CEO expects US home sales will rise modestly this year and a more buyer-friendly market

Elevated mortgage rates and rising home prices are freezing out many would-be buyers, and that's keeping the U.S. housing market in a years-long slump

The Independent UK

Home sellers are ‘waking up to reality’ and are slashing prices to combat stubbornly high mortgage rates

Realtor.com’s chief economist predicts “further price softening” for the spring.

Fortune

'Short window' as property prices rebound on rate cut

Two capital cities are leading the housing market higher as buyers look to get ahead of a wave of demand as interest rates finally fall.

AAP

Pending US home sales slide to all-time low in January on rates, prices, maybe weather

Pending home sales in the United States slid to an all-time low in January as high mortgage rates, record-high home prices, and possibly the terrible weather last month hindered those seeking to buy

The Independent UK

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2024 new home sales hit their highest pace in three years. Does that mean lower home prices are around the corner?

Data from the U.S. Census Bureau shows that 2024 new home sales hit their highest level since 2020. Here’s what the data might mean for the sluggish housing market.

Fortune

With home prices and mortgage rates high, many families find the American dream out of reach

With home prices high, American families are grappling with the prospect that homeownership might remain out of reach for them for a long time

The Independent UK

US home sales in 2024 fell to the lowest level in nearly years as prices, and mortgages, soar

Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second year in a row as elevated mortgage rates, rising home prices and a low level of properties on the market kept many prospective homebuyers out of the market

The Independent UK

Can You Get a Mortgage In Retirement? And Should You?

With interest rates still stubbornly high and home prices elevated, here’s how a retiree living on a fixed income can land a decent mortgage.

Kiplinger

How Fort Worth supplanted Austin as Texas’ top boomtown

The growth is fueling higher rents and home prices in the North Texas city that was once seen as a more affordable option to Dallas and other major cities.

The Texas Tribune

Texas has a housing affordability crisis. Here’s how state lawmakers may tackle it in 2025.

A likely fight over how much power to take away from local governments may dominate the debate.

The Texas Tribune

Weak start, stronger finish tipped for property in 2025

Australia's property market is entering 2025 in a downturn and while interest rate cuts should boost demand, any home price growth rebound is tipped to be mild.

AAP

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Kiplinger

Will 2025 Be a Good Year to Sell Your House?

Explore whether 2025 is the right time to sell your home. Learn about trends in mortgage rates, home prices, buyer demographics and economic factors shaping the housing market.

International Business Times

Home Prices Up 3.6% From A Year Ago But Down Slightly From Previous Month

The index has hit record highs for 17 straight months as home values continue to surge in the US.

International Business Times

New Single-Family Rental Homes Could Be Future As Ownership Grows Too Expensive

Wall Street firms are investing billions in build-to-rent housing, catering to families priced out of homeownership due to high mortgage rates and record home prices.

Top News

FHFA Increases Conforming Loan Limit To 6,500 For 2025

FHFA raises conforming loan limits to 6,500 for single-family homes in response to increasing home prices.

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Fortune

The ‘Oracle of Wall Street’ says home prices need to fall 20% to end the ‘generational schism’

“For homes to be affordable, that’s going to have to happen,” Meredith Whitney recently said.

Fortune

Top real-estate CEO suggests some young people might have voted for Trump because they're sick of living in their parents' basements

Now they’re expecting him to build the housing they need, Redfin’s Glenn Kelman said.

The Guardian - AU

Australian home prices hit new high during spring rush but Sydney records small slip

Perth, Adelaide and Brisbane remain the strongest capital city property markets, with prices up 20.58%, 14.91% and 12.51% over the past year

The Texas Tribune

Takeaways from our reporting on Texas’ housing affordability crisis

The Texas Tribune examined the state’s housing affordability crisis and why the state has struggled to build enough homes to meet demand.

Fortune

If you thought you could afford a home in Midwest and Sunbelt cities, you’re wrong

An analysis of Census data confirmed that the housing crisis is spreading inland from the coasts.

Fortune

Homeowners are sitting on more than $35 trillion in equity

The value of all homes owned is more than double what it was a decade ago.

The Guardian - AU

Australia’s housing crisis may be starting to ease as home prices fall in four capital cities

New data also shows auction figures softening while rent rises are at their slowest pace in years

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