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The Latest Breaking News from Home Prices

Texas bill allowing smaller homes on smaller lots amid housing affordability crunch advances in House

Senate Bill 15, a top priority of Lt. Gov. Dan Patrick, is part of a broad push by lawmakers to put a dent in the state’s high home prices.

The Texas Tribune

Nevada’s Record-High Home Prices—and the Estate-Planning Vacuum Putting Equity at Risk

Southern Nevada’s housing market has reached new highs, but many homeowners remain unprepared to protect what they’ve built. With median home prices in Las Vegas hovering around $450,000 in early 2024, even modest properties now carry serious equity. Despite this, far too few residents have a will, trust, or plan…

inkl

Bill to allow smaller homes on smaller lots resurrected in Texas House

A top priority of Lt. Gov. Dan Patrick, the legislation would make it easier to construct homes on smaller lots. A House Democrat briefly killed the bill.

The Texas Tribune

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Mansion sales are booming as the rich seek shelter from trade war fallout — 'real estate is safer'

By contrast, the overall housing market has been subdued as high mortgage rates and home prices keep most Americans on the sidelines.

Fortune

TribCast: Can Texas make its housing more affordable?

In this week’s episode, we discuss Texas’ rising home prices and the steps the Legislature is taking to reduce them.

The Texas Tribune

How Canada can turn tariff tensions into a global affordable housing alliance

Canada is facing a worsening housing crisis. Home prices have exploded, with 45 per cent of Canadians saying they are deeply worried about finding affordable housing.

The Conversation

Trump Doesn't Need the Fed To Fix Housing

Former Rep. Ron Paul argues that slashing red tape will do more to bring down home prices than pressuring the central bank to cut interest rates.

Reason

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Zillow sees home prices falling this year. Apart from a blip a couple years ago, it would be the first time prices fell since the Great Financial Crisis

But if anything, it’s a correction, not a crash.

Fortune

What It Really Takes to Buy a Home in 2025: Affordability, Income and Market Challenges

Home prices are up, mortgage rates are high and buyers are getting older. Here's what it really takes to afford a house in today's market.

Kiplinger

Why Texas Republicans are trying to rein in high home prices and rents

There’s political urgency for Republicans to deal with housing affordability, especially as surveys find most Texans say housing costs are a top concern.

The Texas Tribune

Netherlands a ‘cautionary tale’ for Coalition’s mortgage deduction scheme, expert warns

Cody Hochstenbach says the scheme in his country has driven up home prices and weighs heavily on taxpayers

The Guardian - AU

Could Trump’s tariffs lead to another house price boom in Australia?

Sharemarket volatility and job uncertainty can scare property investors, but lower borrowing rates may push up home values

The Guardian - AU

The housing market now has more ‘downside risks’: layoffs from DOGE and the trade war

A week of back-to-back housing data revealed a tiny boost in sales and modest improvement where home prices and mortgage rates are concerned. But don’t be fooled, housing is still unaffordable for many.

Fortune

Wells Fargo says home sales aren't far off from levels seen in the wake of the Great Recession

"The tepid pace of home sales can not be blamed on a recession," Wells Fargo economists wrote.

Fortune

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Kiplinger

What to Expect in the Rest of This Year's Housing Market

Most likely, mortgage rates will stay above 6%, and home prices will climb moderately. But that shouldn't dissuade buyers who are ready to make a move.

Fortune

Florida is considering doing away with property taxes

Home prices in the Sunshine State have been soaring, despite rising insurance costs.

The Independent UK

EXp Realty CEO expects US home sales will rise modestly this year and a more buyer-friendly market

Elevated mortgage rates and rising home prices are freezing out many would-be buyers, and that's keeping the U.S. housing market in a years-long slump

Fortune

Home sellers are ‘waking up to reality’ and are slashing prices to combat stubbornly high mortgage rates

Realtor.com’s chief economist predicts “further price softening” for the spring.

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AAP

'Short window' as property prices rebound on rate cut

Two capital cities are leading the housing market higher as buyers look to get ahead of a wave of demand as interest rates finally fall.

The Independent UK

Pending US home sales slide to all-time low in January on rates, prices, maybe weather

Pending home sales in the United States slid to an all-time low in January as high mortgage rates, record-high home prices, and possibly the terrible weather last month hindered those seeking to buy

Fortune

2024 new home sales hit their highest pace in three years. Does that mean lower home prices are around the corner?

Data from the U.S. Census Bureau shows that 2024 new home sales hit their highest level since 2020. Here’s what the data might mean for the sluggish housing market.

The Independent UK

With home prices and mortgage rates high, many families find the American dream out of reach

With home prices high, American families are grappling with the prospect that homeownership might remain out of reach for them for a long time

The Independent UK

US home sales in 2024 fell to the lowest level in nearly years as prices, and mortgages, soar

Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second year in a row as elevated mortgage rates, rising home prices and a low level of properties on the market kept many prospective homebuyers out of the market

Kiplinger

Can You Get a Mortgage In Retirement? And Should You?

With interest rates still stubbornly high and home prices elevated, here’s how a retiree living on a fixed income can land a decent mortgage.

The Texas Tribune

How Fort Worth supplanted Austin as Texas’ top boomtown

The growth is fueling higher rents and home prices in the North Texas city that was once seen as a more affordable option to Dallas and other major cities.

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