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The Latest Breaking News from Housing Market

City housing market decline starts to ease

Predictions of a 20 per cent fall in house prices nationally may have rattled property markets but not everyone agrees the rapid downturn will continue.

Crikey

All Scottish children deserve decent start in life in a home they feel secure in

Record View says the sheer number of people forced to settle for a short-term fix proves how broken the housing market has become.

Daily Record

Bay Area sees nation’s largest monthly drop in home values

As rising mortgage rates continue to cool the housing market across the U.S., the Bay Area in July saw the largest monthly drop in home values of anywhere in the country, according to a new report from home listing site Zillow.

Tribune News Service

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Is the housing market about to crash? Here’s what experts are saying

The U.S. housing market may be starting to slow down, but it is still hot. Double-digit appreciation is commonplace. Many sellers are still giddily sifting through multiple offers, and frantic buyers continue to pay more than asking prices — sometimes by $100,000 or more.

Tribune News Service

Land supply, interest rates 'key driver' of overheated housing market

A new report from officials provides further evidence a lack of land, rather than building issues, has driven our house prices up most steeply.

Newsroom.co.nz

Economists say these ACT measures are making housing affordability worse

The analysis said the land tax regime had increased the price of rental properties.

The Canberra Times

Housing Starts Plunged, But Home Depot Turned In A Record Quarter: How The Home Improvement Retailer Is Defying Housing Market Trends

New home construction in the U.S. fell last month to the lowest levels not seen since the beginning of 2021, but Home Depot Inc (NYSE: HD) shares are surging Tuesday on the back of record numbers.

Benzinga

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Housing Slump Continues Apace: Starts Fall, Cancellations Rise

On the plus side, the withdrawal of prospective buyers gives those left in the market more negotiating leverage.

The Street

Premium real estate leads regional house price fall as ANZ tips 18 per cent nationwide property slump

Australia's housing market is set to drop 18 per cent, according to one major bank, and new data shows regional areas are joining Sydney and Melbourne in the slide.

ABC News

Home Depot defies US housing slowdown with results that beat estimates

Home Depot Inc.’s second-quarter results beat Wall Street estimates even as the U.S. housing market shows signs of cooling off.

Tribune News Service

Should You Buy a Home Now? (Or Is Renting a Better Choice?)

The answer isn't always simple and the current housing market has made the question one worth revisiting for many potential home-buyers.

The Street

Lowe's, Home Depot Top Earnings, Reaffirm Outlooks

Home improvement retailer Lowe's delivered mixed Q2 results Wednesday. LOW stock rose, Home Depot dropped in premarket trade.

Investors Business Daily

‘Unmortgaged millennials’: What a new study reveals about millennial homebuyers

Millennials — those between ages 26 and 41, also sometimes called Generation Y — now represent the biggest population cohort in America. And while lots of them dream of homeownership, many find themselves priced out of the housing market. In fact, nearly half of millennials who do not yet own…

Tribune News Service

Guess How Many of Us Hope for a Housing Crash

The housing market is suffering turbulence, with home prices, mortgage rates and rents soaring.

The Street

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Birmingham Post

House sales in Wales fall but shortage of stock drives prices up

Higher interest rates and the cost of living crisis were cited for the drop in market activity

The Street

Housing Market: For Once, a Positive Development for Buyers

A relief from the rise in mortgage rates: The 30-year fixed mortgage averaged 4.99% last week.

Evening Standard

Mortgages for first-time buyers: a guide to buying property amid rising interest rates

Soaring costs and rising interest rates may give would-be homebuyers pause for thought, but industry experts say the key is not to panic.

Benzinga

"Historically, housing has led us into every recession since WWII" — National Association of Home Builders CEO Jerry Howard, Echos Elon Musk, Shares Grim Outlook

Jerry Howard, National Association of Home Builders (NAHB) CEO, has plenty of experience in the housing industry. Prior to joining NAHB, Jerry served as the Chief Lobbyist for the National Council of State Housing Agencies. For over a quarter of a century, Jerry has been analyzing the housing market.

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Insider UK

Average Scottish house price hits record high

Wider housing market shows signs of slowing, as economic pressures ramp up

StockNews.com

Which Home Improvement Stock Is the Better Buy — TTSH or FND?

An unexpected decline in mortgage rates over the past week could provide strong support to the cooled-off housing market. Therefore, it could be worth watching home improvement stocks Tile Shop (TTSH) and Floor & Decor (FND). But which of these stocks is a better choice for investors? Read more to…

StockNews.com

3 Stocks to Sell on Housing Market Crash Fears

The red hot inflation and surging mortgage rates are causing housing demand to cool down and prices to fall. So, with rising fears of a possible housing market crash, we believe it could be wise to avoid fundamentally weak stocks Redfin (RDFN), WeWork (WE), and Centerspace (CSR) now. Keep reading….

The Conversation

UK house prices: history says the market is in for a long slowdown not a crash

It’s going to be easier to get on the property ladder following a recent decision by the Bank of England to relax some of the criteria for getting a mortgage. Combined with expectations of a slowdown in the property market, this news will be something of a relief to those…

Benzinga

'Historically, Housing Has Led Us Into Every Recession Since WWII' - National Association Of Home Builders CEO Jerry Howard, Echos Elon Musk, Shares Grim Outlook

Jerry Howard, NAHB CEO, has plenty of experience in the housing industry. Prior to joining NAHB, Jerry served as the Chief Lobbyist for the National Council of State Housing Agencies. For over a quarter of a century, Jerry has been analyzing the housing market.

The Independent UK

‘Surprising momentum’ in housing market as prices increase by 11% annually

Nationwide Building Society said it expects the market to slow in the months ahead.

Benzinga

How The Stock Market Affects Real Estate Investments

When someone is investing their money or planning to invest it for at least some time, they usually look at the options of buying real estate or stocks. Some might choose to concentrate on either the housing market or on buying stocks while others choose to diversify their investment and…

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