The Latest Breaking News from Housing Market

The median mortgage payment fell 14% to $2,361 in December from a record high in October, when mortgage rates hit a 23-year peak.

Second year of falling prices expected though recovery is likely in the second half as interest rates come down

Increased tourism, which accounts for about 6% of Iceland’s GDP, has meant a greater demand for workers and therefore, a greater need for housing.

Five million more UK households could feel the effects of recent interest rate increases in coming years. Roughly the same number have already been forced to remortgage since the recent spate of rate rises began in 2021, according to the Bank of England’s latest Financial Stability Report. These borrowers have…

Many renters and would-be buyers were left frustrated by this year’s housing market.

Is the housing market losing some steam? Contracts to buy existing homes remain stagnant as mortgage payments begin to wane, says the NAR.

Despite the persistence of high property prices and tight inventory levels, cooling mortgage rates may incentivize prospective homebuyers to kick-start their property search, suggesting the housing market might be bouncing back. To that end, let's explore whether to buy or hold real estate stocks CBRE Group (CBRE), Hang Lung Properties…

This year’s housing market was clearly “riddled with winners and losers,” Zonda’s chief economist, Ali Wolf, told Fortune.

The difficulty of saving up for a down payment, elevated mortgage rates, and high home prices top the list of troubles.