What housing plans do US presidential candidates Trump and Harris offer? Since 2020, average US home prices are up 50% while wages have risen 23%, making home purchases out of reach for many. Al Jazeera · Sep 18, 2024
With the Fed Rate Cut, Should You Sell Your House Now or Wait? Interest rates are starting to come down as the Federal Reserve shifts course. Is it time to think about selling your house? Kiplinger · Sep 17, 2024
Home prices almost never go down There are only two eras in recent history when home prices declined in America. Fortune · Sep 13, 2024
'Tired trope': most voters open to lower home prices Australia's housing affordability mess has most voters in favour of lower prices and backing tax reform and other policy interventions to ease pressures. AAP · Sep 9, 2024
Americans Face 'Most Unaffordable Housing Market In History': Case-Shiller Home prices in the U.S. showed a notable increase in June. International Business Times · Aug 27, 2024
Texas must build hundreds of thousands of homes to lower housing costs, says state comptroller Texas needs hundreds of thousands more homes than it has, per one estimate. That shortage has driven up home prices and rents. The Texas Tribune · Aug 27, 2024
The outlook for home prices has zig zagged dramatically again According to Freddie Mac's latest forecast, home prices will rise 2.1% in 2024 and 0.6% in 2025. Fortune · Aug 25, 2024
Elon Musk And Critics Say Kamala Harris' $25K Payment For First-time Homebuyers Is 'Perfect Formula For Inflation' Harris' signature housing policy calls for up to $25,000 in federal down payment assistance for first-time homebuyers who have paid their rent on time International Business Times UK · Aug 22, 2024
Hey big spender: home prices soar in Olympics host city The launch of an eye-watering penthouse development targeting ultra-wealthy buyers is a sign of the times in one of Australia's hottest real estate markets. AAP · Aug 16, 2024
Barbara Corcoran: Buy a home now; don't wait for a Fed rate cut The self-made millionaire sees home prices rising once mortgage rates fall further. Fortune · Aug 15, 2024
Renter households surged at triple the rate of homeowners In June, rents were 23% higher than before the pandemic, while mortgage payments were up 90%, according to Redfin. Fortune · Aug 5, 2024
Sunbelt boomtowns are cooling off, but the sun-soaked region will reclaim its hot status More than 2 million single-family homes have been built in the South since January 2021, more than four times the number completed in the Northeast, according to a Capital Economics economist. Fortune · Aug 1, 2024
Average rate on a 30-year mortgage falls to 6.73%, lowest level since early February The average rate on a 30-year mortgage fell this week to its lowest level since early February, easing borrowing costs for prospective homebuyers facing record-high home prices The Independent UK · Aug 1, 2024
Gen Z and millennial homeownership rate plummets to 4-year low But while the younger group saw their homeownership rate fall, some older generations saw theirs rise. Fortune · Jul 31, 2024
The Guardian - AU · Jul 31, 2024 Adelaide home prices could soon surpass Melbourne as Victorian capital slumps Fall of 4.4% since peak in 2022 bucks broader trend, PropTrack finds, with national real estate prices 6.3% higher than a year ago
Fortune · Jul 30, 2024 Housing bust forecaster ‘Poison Ivy’ Zelman warns: Affordability grind isn’t going away anytime soon While she sees further home-price deceleration and a dip in mortgage rates, Zelman says cost is the biggest risk to the housing market.
Fortune · Jul 25, 2024 The ultrarich are scooping up mansions while almost no one else can afford a typical home Luxury-home prices rose more than twice as fast as those of non-luxury homes, and still their sales jumped compared with typical homes, according to Redfin.
The Independent UK · Jul 23, 2024 US home sales fell in June to slowest pace since December amid rising mortgage rates, home prices Sales of previously occupied U.S. homes fell in June for the fourth straight month as elevated mortgage rates and record-high prices kept many would-be homebuyers on the sidelines
Fortune · Jul 17, 2024 U.S. real estate is so expensive it's even keeping out wealthy foreign homebuyers Foreign buyers haven’t purchased so few homes since 2009—15 years ago.
Fortune · Jul 16, 2024 Monthly housing payments have almost doubled in swing states since the last election Swing states “have not been immune to the affordability crunch the country has been facing for the last several years,” Redfin’s senior economist said.
The Independent UK · Jul 11, 2024 Average rate on a 30-year mortgage falls slightly, easing borrowing costs for home shoppers The average rate on a 30-year mortgage fell slightly this week, providing modest relief for home shoppers facing record-high home prices
The Independent UK · Jul 8, 2024 The US housing market was a bust this spring. Here’s what that means for summer and fall The nation’s housing market sales slump is dragging on into its third straight year, as evidenced by another weak spring homebuying season
Fortune · Jul 3, 2024 We’re passing through ‘the worst housing affordability crisis’ ever seen, former Housing Secretary says Home prices rose at levels never seen before, and while the market is cooling down, housing costs are still beyond what people can afford, the Obama-era cabinet member said.
Fortune · Jun 30, 2024 This decades-long trend in home prices has been 'flipped on its head' amid a big shift in the housing market "That shows the consumer adjusting to a smaller home, taking less space and trying to get back into that range of affordability."
The Conversation · Jun 30, 2024 Cheaper mortgages, tamed inflation and even higher home prices: how 29 forecasters see Australia’s economic recovery in 2024-25 Australia’s top economic forecasters expect the Reserve Bank to start cutting interest rates by March next year, taking 0.35 points of its cash rate by June.