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The Latest Breaking News from Housing Market

Weekly Must-Read: China Tests Whether State Purchases Can Lift Housing Market

Government offers $41.6 billion in financing to help cities buy unsold homes

Caixin Global

Top real estate economist offers one word to describe the housing market: Unaffordable

Scarcity is breeding soaring prices and buyers are outpacing listings, data shows.

Fortune

Mortgage Rates Rise Above 7% In Setback For Homebuyers

Learn about the impact of rising mortgage rates on homebuyers and the housing market, influenced by Fed policy and economic factors.

Top News

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Apollo's chief economist defies Fed’s hawkish pivot; no rate hikes this year despite ‘dramatic turnaround’

Yet Federal Reserve Bank of Minneapolis President Neel Kashkari recently refused to rule out interest rate hikes.

Fortune

Shanghai Relaxes Mortgage Rules to Bolster Housing Market Support

China’s financial hub reduces downpayment ratios and lowers floor for mortgage rates

Caixin Global

Buyers are gaining the upper hand in the housing market as top real estate CEO warns sellers on high asking prices: 'The sharks come out, and it will hurt you even more'

"It is a different environment. We are now seeing more sellers than buyers," Compass CEO Robert Reffkin said.

Fortune

‘It’s totally broken down’: tourism surge forcing Ibiza’s workers to live in car parks

A surge in visitors has locked locals out of the housing market - and protests are growing across the Balearics

The Guardian - UK

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Politics with Michelle Grattan: Andrew Bragg flags a coalition would use ‘coercion’ of the states to get more new houses built

Housing remains one of Australia’s most pressing issues in both state and federal politics. The RBA keeping rates up and high mortgage repayments have left many Australians struggling. For those Australians who don’t own a home, it’s becoming increasingly hard to get into the housing market.

The Conversation

There’s a way to land a sub-4% mortgage rate for buyers locked out of the housing market. But they’ve been hard to get—until now

Roam launches new product making it easier to take over sellers’ current mortgages.

Fortune

US New Home Sales Decline In April; Prices Increase

Explore the recent trends in new home sales and prices in the US, reflecting stability and demand in the housing market amidst economic fluctuations.

Top News

US 30-Year Fixed-Rate Mortgage Drops Below 7%

Explore the impact of dropping 30-year fixed-rate mortgages below 7% on homebuyers and refinancers in the US housing market.

Top News

Comment: Can the general election rescue a bedraggled London housing market?

A July election is exactly what the downtrodden market has been crying out for

Evening Standard

Dow Approaches 40K, China Addresses Housing Market Challenges

Global markets experience volatility as Dow Jones approaches 40,000; China tackles housing market challenges.

Top News

Andrew Barr backs putting negative gearing debate on the agenda

Andrew Barr supports tax changes to the housing markets.

The Canberra Times

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US 30-Year Fixed-Rate Mortgage Drops To 7.09%

Learn about the impact of the 7.09% mortgage rate on the US housing market and how it may affect potential homebuyers and existing homeowners.

The Guardian - UK

‘Double punishment’: the racial discrimination in Europe’s rental housing market

People of colour are disproportionately affected by the crisis, even as far-right parties seek to scapegoat them, campaigners warn

The Guardian - UK

LockBit ransomware group’s leader unmasked and hit with sanctions; UK house prices inch higher– business live

Leader of major cybercrime group has been unmasked and sanctioned by the UK, US and Australia, authorities say

Top News

UK House Prices Unexpectedly Fall In April: Nationwide Data

Discover why house prices in the UK unexpectedly fell in April and the implications for the housing market and economy.

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news in one place.

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The Canberra Times

How the Greens would distribute public housing across Canberra

Party plans to 'fundamentally reshape Canberra's housing market'.

Top News

UK House Prices Show Smallest Drop In Eight Months

UK house prices show signs of stabilization with a modest decline, reflecting economic uncertainties. Regional variations persist.

Top News

US Single-Family Housing Starts Drop Sharply In March

The decline in single-family housing starts in the US raises concerns for the economy and construction industry, impacting various sectors.

Top News

U.S. Homebuilder Confidence Holds Steady In April

Homebuilder confidence remains strong in April, reflecting optimism and resilience in the U.S. housing market.

Evening Standard

London’s housing market recovery confirmed by Halifax house price figures

London’s modest housing market recovery was confirmed on Friday by new figures showing prices in the capital rising by 0.4 per cent over the past year.

The Guardian - UK

Thames Water parent defaults on debt; train strikes bring five major lines in England to a halt – as it happened

Kemble Water missed an interest payment, raising the prospect that the company could collapse or face a significant restructure

Top News

Canada Homebuilding Declines For Third Consecutive Year

Learn about the declining trend in homebuilding in Canada and its potential impacts on the economy.

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