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The Latest Breaking News from Housing Market

The Western housing market recession hit so hard and fast that a Fortune 500 firm that was riding high at $34 per share has crashed to $1

"They [Opendoor] are taking huge losses, and as buying agents, we are all testing their pain threshold" says Chris Davis, a real estate agent in Phoenix.

Fortune

Annual rate of house price growth slows as rental price increases accelerate

Home buyers’ worries about rising living costs persist and sellers are open to negotiation, housing market experts said.

The Independent UK

Spain to help young citizens fly the nest with foreclosed homes

Spain is aiming to help millions of young adults still living with their parents to rent their own homes by offering them properties abandoned when its housing market collapsed a decade ago.

Reuters

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Things are getting really weird in the housing market

The 2023 housing market doesn't look like a national housing crash. It also doesn't look normal.

Fortune

Institutional homebuyer Yieldstreet hasn’t bought any homes this year. Here’s why they refuse to jump into the housing market right now

"I don't think [house] prices have bottomed yet," says Tejas Joshi, director of single-family residential at Yieldstreet.

Fortune

Booming Scranton, falling San Jose: The latest home price data for the nation’s 400 largest housing markets

These 7 charts tell us what's happening to home prices.

Fortune

No place in the sun: is this the end for holiday home owners?

Short-term holiday lets could require a permit under new government plans to ease pressure on the housing market and help local residents afford homes.

The Week

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These Are the Housing Markets That Are Growing the Fastest

Realtor.com says the top 20 hottest markets are spread out across 9 states, with five metro areas in both Ohio and Wisconsin.

The Street

Is a UK house price crash coming? Here's what the experts are predicting

Property prices have started to fall, so is a UK house price crash coming?

Ideal Home

IMF warns Australian housing market at high risk of mortgage defaults ahead of global economic downturn

The International Monetary Fund says Australia has one of the greatest risks of mortgage defaults in the world, as it warns of a significant downturn in global economic growth for the year ahead.

ABC News

D.R. Horton, Stock Of The Day: DHI Stock In Buy Zone As Housing Market Improves

Investors are looking past a rough patch for D.R. Horton earnings. DHI stock rallied back above a buy point as peers fare well.

Investors Business Daily

Five of Edinburgh's most 'unwanted homes' on sale that just won't budge

As the housing market begins to settle after the Covid pandemic, some homes haven't budged. While some may have us confused as to why they haven't been snapped up, here some of the five 'unwanted' properties.

Edinburgh Live

Maine city reopens arena to hundreds of asylum seekers

Hundreds of asylum seekers have filed into a basketball arena in Portland as Maine’s largest city deals with a months-long surge in immigration that has taxed its already limited housing market

The Independent UK

Housing market analysts are divided: Zillow and Moody’s issue starkly different home price forecasts for the nation’s 400 largest markets

Here's a closer look at regional housing forecast models produced by Zillow and Moody's.

Fortune

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Fortune

Is this a home price bottom or a head-fake? 79 major housing markets saw gains in February while 19 declined

The home price correction is running out of steam—fast.

Evening Standard

London property market stagnant amid warnings of UK-wide house price falls

The typical London house price in March was £537,250, which is very slightly up (0.1 per cent) on this time last year

The Independent UK

Average UK house price increased by 0.8% in March, says Halifax

The typical house price in March was £287,880, which was about 2% below a peak reached last August, according to Halifax’s report.

The Guardian - UK

UK house prices rise again in March; Tui says Easter and summer bookings strong – as it happened

House prices rise for third month in a row as annual rate slows to lowest in three and a half years

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Evening Standard

FTSE 100 Live: Shares up despite US uncertainty, IMF predicts weakest global growth since 1990

The UK housing market continues to show resilience after mortgage lender Halifax today reported an average property price rise of 0.8% in March.

Evening Standard

Housing market: inner London flat prices have fallen by 24 per cent ‘in real terms’ since 2016

According to new figures from Zoopla, the static average price of London flats represents a significant decline in real terms

ABC News

Why Sydney property prices could be about to rise again

The RBA's decision to keep the cash rate at 3.6 per cent will have an immediate impact on the nation's most expensive housing market, according to one expert, who's expecting buyers, and sellers, in Sydney to spring into action.

Fortune

Homebuilder stocks are trying to tell us something about the U.S. housing market

Homebuilders' stocks are back near all-time highs. Here's what that could say about the state of the market.

The Street

US Housing Market in Trouble: Moody's Predicts Home Prices Will Fall in 2023 and 2024

Existing home prices fell 12% to $363,000 in February from $413,800 last June. That slide came amid surging mortgage rates.

Chicago Tribune

Spring housing market ‘stalling’ as record low inventory plagues buyers

Ron Vlasic, 56, was one of 19 bidders on a $315,000, three-bedroom house in Des Plaines in February.

Fortune

Home sellers go on strike

Here's inventory data for the nation's 400 largest housing markets.

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