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The Latest Breaking News from Housing Market

‘Worst of pain may not be over’: Mortgage approvals drop nearly 10% month-on-month

Experts pointed to the impact of concerns about the wider economy on the housing market for the fall.

The Independent UK

Number of mortgage approvals to home buyers drops by nearly 10% month-on-month

Experts pointed to the impact of concerns about the wider economy on the housing market for the fall.

The Independent UK

Top 10 Housing Markets in the US 2026

New housing market data reveals the ten zip codes where in-demand homes spend the fewest days on the market.

Kiplinger

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Welcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down payment

Redfin chief economist Daryl Fairweather: "It seems like the only way to kind of get your foot in the door to the housing market is to have some help"

Fortune

UK competition watchdog raises concerns over housing market

Some landlords could be breaching consumer protection rules, while CMA is also investigating land held by largest housebuilders

The Guardian - UK

These are 5 ways surging mortgage rates are reshaping the housing market

The housing market is showing a split: Sales of existing homes were down last month, but sales of newly built houses were up.

WEKU

Self-made real estate millionaire Barbara Corcoran says U.S. home prices won’t fall—but could jump 10% or 15% if mortgage rates dip

Barbara Corcoran is getting bullish on U.S. home prices.

Fortune

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Mortgage Rates Climb To 7.31%, Highest In 23 Years: Shocking Chart Reveals Tremors In Housing Market

The U.S. housing market is facing a seismic shock. Mortgage rates skyrocket to levels not seen in over two decades.

Zenger

Housing market affordability is worse now than at the height of the housing bubble in 2006

Housing affordability, as monitored by the Atlanta Fed, has already deteriorated beyond the levels seen at the housing bubble's peak in 2006.

Fortune

Homebuilder shares tumble as UK housing market weakens – as it happened

A profit warning from housebuilder Crest Nicholson compounded fears of a housing market slowdown, as Rightmove data revealed a further drop in asking prices

The Guardian - UK

Institutional buyers won't stay on the housing market sideline forever: 'This is temporary'

"This is temporary. They paused and continued to cull their portfolio as they always have."

Fortune

US Housing Market Faces Affordability Crisis Amid Skyrocketing Mortgage Rates

The housing market in the United States is battling its biggest affordability crisis in almost 40 years.

Zenger

Building new luxury homes makes even lower-income housing more affordable, City Hall finds

It said that market-rate homes helped make cheaper housing more affordable by “creating chains of vacancies and moves that can reach across an entire housing market area”

Evening Standard

5 Stocks Warren Buffett Is Buying (and 9 He's Selling)

Berkshire Hathaway continued to ease up on Apple and Bank of America as it remained cautious on stocks in Q4.

Kiplinger

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Fortune

Baby boomer housing wealth totals $18 trillion—more than triple the amount owned by millennials

Baby boomers continue to dominate the U.S. housing market.

Fortune

Warren Buffett just made a big bet on the U.S. housing market

Berkshire Hathaway disclosed its investments in three major U.S. homebuilders: D.R. Horton, Lennar, and NVR.

The Times of India

Country Garden’s losses fan worst fears on China property market

BEIJING: Less than two years after China Evergrande Group’s default sent shockwaves around the world, an even larger Chinese developer is on the brink.

The Independent UK

Average long-term US mortgage rate climbs to 6.96% this week, matching highest level this year

The average long-term U.S. mortgage rate rose this week to just under 7%, the latest setback for would-be homebuyers already facing affordability challenges due to a housing market limited by a shortage of homes for sale

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Fortune

This millennial pastor and breadwinner got priced out of the housing market after a brain tumor forced him to sell. He can only get back in by splitting a mortgage with his in-laws

"I kid you not—there were zero affordable homes" says Stephen Drew.

Barchart

Will China’s Property Crisis Worsen?

China’s Country Garden Holdings, one of China’s largest private-sector property developers, is late on delivering coupon payments on its debt, sparking fears the company could soon default. The company failed to pay coupon payments due Monday. Country Garden Holdings owes $10.5 million of interest on a dollar bond that matures...

Fortune

Fannie Mae CEO: ‘Housing today is a tale of two markets. We need to make it work for everyone’

Depending on your situation, the housing market is either working–or it isn’t.

Fortune

The housing market's seller strike is so ruthless that only 7 of the nation's 200 largest markets are back to pre-pandemic inventory levels

Among the 200 largest housing markets tracked nationwide, 193 markets exhibited inventory levels in July 2023 that were lower than those of July 2019.

The Independent UK

Average UK house price fell by nearly £1,000 month-on-month in July – Halifax

The typical UK home cost £285,044 in July, down from £286,011 in June.

Fortune

10 housing markets up the most—and 10 down the most

The best way to describe the housing market over the past year: bifurcated.

Kiplinger

Indiana Tops Summer 2023 Emerging Housing Markets List

Three Indiana metro areas lead the recent Summer 2023 Emerging Markets Index from Realtor.com.

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