The Latest Breaking News from Housing Market

Despite the rising interest rates and prevailing market uncertainties, the housing market’s long-term prospects remain favorable. Hence, it could be wise to scoop up the shares of homebuilder stocks PulteGroup, Inc. (PHM), Sekisui House, Ltd. (SKHSY), and Tri Pointe Homes (TPH) that seem to be drawing investors’ attention this month.…

Prices of high end homes in prime central London fell in the second quarter, down 5.9% from a year earlier, as the uncertain economic outlook weighs on the housing market.

There appears to be no relief in sight for homeowners or renters – but there are things that can be done, says Josh Ryan-Collins, an associate professor at UCL

Construction firm debt defaults are up 16 percent, liquidations are up 72 percent, and those still working say it's getting tougher by the week. Jonathan Milne reports.

A new study says the U.S. housing market is missing almost 320,000 affordable listings priced at $256,000 or less.

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 started slowing in late 2022. Mortgage companies engaged in mass layoffs, real estate economists lamented a “housing recession” and home prices seemed poised for a correction.

“The total incentive as a percentage of sales price on average is about 4% nationally, and that’s elevated.”

"Housing prices continue to show stronger growth than what was previously expected," says Fannie Mae chief economist Doug Duncan.

The housing market is full of surprises. Sentiment among homebuilders has been perking up, their stocks are surging, and new home sales are at the strongest since early 2022. All in the face of persistently high mortgage rates.

CEO David Auld moved up four slots on the Fortune 500 despite a mortgage rate shock. His secret? "increased incentives...and adjusted base pricing"

The sharp increase in borrowing costs is likely to exert a significant drag on near term housing market activity, Nationwide Building Society said.