The Latest Breaking News from Housing Market

Average mortgage rates hit highest level since December, as asking prices for British homes fall in June for the first time in six years

The Federal Reserve is taking a break from its war on inflation. After raising rates 10 times in 10 meetings in 2022 and 2023, the central bank made no change during its latest meeting. Fed Chairman Jerome Powell announced no further increase in the federal funds rate on June 14…

Recent research has shown that on average 65.5% of Gwynedd's population is priced out of the housing market

BofA: "In the current environment...baby boomers are better equipped financially for home purchasing."

Deutsche Bank says they've gone from "cautiously optimistic to decisively bullish on new residential construction"

Exclusive: Refugee advocates say nothing yet done to improve supports and they fear for people who end up with none

An "abandoned" and "unliveable" house in Sydney's inner suburbs has just hit the property market with a buyers guide price of $2.5 million.

Despite interest rate increases and prevailing market uncertainties, the housing market's long-term prospects remain positive. Thus, it could be wise to consider buying fundamentally sound homebuilder stocks Lennar Corp. (LEN) and Tri Pointe Homes (TPH). However, one could avoid Cyrela Brazil Realty S.A. (CYRBY) due to its weak fundamentals. Continue…

The IBD homebuilder industry group ranks fifth out of 197, with the group advancing 29% in 2023.