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The Latest Breaking News from Housing Market

Housing Beat: Mortgage Rates Keep Climbing As Inventory Levels Slowly Expand

More homebuyers were taking out mortgages despite climbing rates while the tight housing inventory is showing signs of improving. Nonetheless, many homebuyers are not optimistic about the housing market’s near future.

Benzinga

Gradual decline in house prices predicted amid cost of living crisis

A GRADUAL slowdown in the housing market in Scotland is likely as the cost-of-living crisis bites, a report has warned.

The National (Scotland)

Edinburgh and London's cheapest one-bed flats compared - price, size and condition

To investigate how the housing markets in the Scottish and UK capital compared, we took a look inside the cheapest one-bedroom flats that have gone up over the past week

Edinburgh Live

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Tasmania's housing market frenzy may be over, but prices still at an all-time high

There are signs Tasmania's real estate market has started to soften, with the Real Estate Institute of Tasmania's March quarterly report indicating the number of property sales has dropped — but prices are still running hot.

ABC News

Has the interest rate rise broken Australia’s housing market fever?

Prices remain high, but the days of frenzied auction bidding may be numbered with the recent interest rate hike and a slowing market

The Guardian - AU

Rising interest rates could slam the breaks on the pandemic property boom

The Bank of England recently announced a lift in the borrowing rate from 0.75% to 1% - the highest level in 13 years, with a chilling warning that the UK economy is set to go into reverse

Daily Mirror

Higher interest rates and mortgage repayments will be 'the new normal' for home owners in 2022, analyst says

The Reserve Bank's 25-basis point increase is just the first of many on the horizon, and Queensland homeowners need to brace for higher home loan repayments over the next 18 months, a leading property analyst says.

ABC News

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Buoyant economy and housing market boost Danske Bank's Northern Ireland profits

The bank made £16.7M in the first quarter, up from £15.8M in the same period in 2021

Birmingham Post

Fear of missing out is fueling the real estate market, and experts are concerned

Rising interest rates and higher home prices would normally cool a hot housing market, yet the national and local real estate scenes continue to run red hot.

Tribune News Service

Fears of housing bubble mount, but any correction won’t be like the last

In the first year of the pandemic, home values defied expectations by skyrocketing. During the second year of life with COVID, property prices soared even more.

Tribune News Service

Rightmove: ‘Frenzy’ in housing market as London prices hit new record high

Rising demand amid the return to city life means seven boroughs are enjoying double-digit growth and properties in the capital are selling the fastest they have in a year.

Evening Standard

New Zealand’s cooling housing market means opportunity for some, angst for others

Some readers see the housing slowdown as their first chance to buy while those already on the ladder could be hit hard by rising interest rates

The Guardian - AU

The 15 Most Expensive Housing Markets in the US: Real Estate with the Highest Average Home Prices

The most expensive housing markets in the U.S. have an average home price almost three times the national average.

Kiplinger

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