The Latest Breaking News from Housing Market

London (AFP) - Britain's housing market has been rocked by the UK government's costly budget, as retail banks pull mortgage rates in anticipation of more costly products, sparking fears of tumbling home prices.

Shares of online real estate services company Opendoor Technologies (OPEN) have plummeted more than 75% in price year-to-date with the cooling down of the housing market amid rising interest rates. Furthermore, the company is expected to incur huge losses in the upcoming years. Hence, with the Fed signaling aggressive rate…

Changes will save up to £2,500 on home purchases - or £11,250 for first-time buyers

The coronavirus pandemic has had profound impacts on the housing market. House flipping and residential real estate investing have risen drastically, with real estate analytics firm CoreLogic reporting that investors bought a record high 28 percent of all single-family homes in the first quarter of 2022.

With the frenzied housing market coming to an end, some sellers are considering putting their homes up for rent instead.

Lennar and KB Home earnings topped views amid mixed results late Wednesday, but the builders warned of more pain for the housing market.

which means prices are going to pull back. If you are an end user, looking to finally enter the housing market now is a great time to buy a house 15%-20% cheaper than it would have been at the beginning of the year.”

The National Association of Home Builders/Wells Fargo Housing Market Index fell three points in September to 46, a bearish reflection of current U.S. homebuilder sentiment.

Homebuilder stocks have gotten crushed so far in 2022, but one Wall Street analyst said Monday now is the time for investors to buy the dip. The Analyst: KeyBanc analyst Kenneth Zener has issued the following homebuilder stock upgrades: