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MYSTERIOUS: 37 - What They Never Told You

What to expect next from the housing market

Fortune rounded up revised home price forecasts from 9 major research firms.

Fortune

Scottish housing market holds up in the face of economic headwinds

Year-on-year house prices increased by 3.8%, while the overall number of transactions was down by 11%

Insider UK

We are still on a path to widening inequality when it comes to housing. The budget doesn’t change that

The fault lines in our housing market are now so deep that only fundamental change will halt country’s slide into social desperation

The Guardian - AU

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read the most diverse news in one place.

Skipton’s 100% mortgage for renters offers hope – but not without risk

Much depends on the housing market and there’s no agreement on how that’s faring right now

The Guardian - UK

The housing market slump saw builders rollout mortgage rate buydowns—here's when to expect the deals to disappear

As the housing market stabilizes will builders cut back on incentives?

Fortune

UK housing market fears as Marshalls and Purplebricks shares slide

Problems at landscaping supplier and online estate agent prompt share dips at housebuilders

The Guardian - UK

Annual UK house price growth hits 10-year low; China’s imports in surprise tumble – as it happened

UK house prices rose in annual terms by just 0.1% in April, the smallest increase since December 2012, mortgage lender Halifax reports

The Guardian - UK

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'Attaining the American dream is becoming more challenging than ever' finds BofA's millennial housing survey

BofA: “While some Millennials could feel motivated to buy a home soon to get ahead of cost increases, others may stay out of the housing market due to affordability challenges.''

Fortune

'Quiet quitting' the U.S. housing market: One group of sellers has disappeared

Move-up buying has ground to a near halt.

Fortune

Spring bounce as home-buyer mortgage approvals rise in March

Some experts said the increase in mortgage approvals for house purchase is a sign of the housing market being more resilient than previously thought.

The Independent UK

93 major housing markets saw home price gains in March while 7 declined, says Black Knight

“A modest bump in homebuyer demand [this spring] ran headlong into falling for-sale supply,” says Andy Walden, VP of enterprise research strategy at Black Knight.

Fortune

Home values rise as housing market downturn wanes

Residential property values are slowly increasing for the first time in nearly a year, marking an end to the nation's housing market downturn, experts

The New Daily

The housing market is shifting—just look at earnings published by 2 giant Fortune 500 homebuilders

A pair of homebuilders on the Fortune 500 list, No. 124 D.R. Horton and No. 267 PulteGroup, just reported a big drop in cancellation rates.

Fortune

House prices rise for the second month in a row as rents keep rising due to low vacancy rates

CoreLogic data shows Australian property prices have risen for the second consecutive month, suggesting a downturn in the housing market is coming to an end as interest rates stabilise.

ABC News

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The Conversation

Canada's costly housing market leaves international students open to exploitation

Skyrocketing rent prices in Canada’s major cities are leaving more and more people struggling to find an affordable place to live. National conversations about the housing crisis often overlook a growing segment of the population that is extremely vulnerable to housing discrimination, rent gouging, rights abuses and sexual harassment: international…

The Guardian - UK

The Observer view on generational inequality: wealth redistribution requires political nerve

It’s time for baby boomers to share their spoils with the young, or else trouble lies ahead

StockNews.com

Why These 3 Homebuilder Stocks Are Worth Buying Despite Market Uncertainty

Despite ongoing interest rate increases and prevailing market uncertainties, the housing market's long-term prospects remain robust. Thus, it could be wise to consider some fundamentally sound homebuilder stocks NVR, Inc. (NVR), PulteGroup (PHM), and Skanska AB (SKBSY), for your portfolio. Read more….

The Canberra Times

'Our weakest capital city': Canberra's median house price plunges from peak

Canberra's housing market is falling hard and fast.

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The Conversation

House in a skip: even tiny homes can’t address the privilege and insecurity of the housing market

When 28-year-old artist Harrison Marshall moved back to London after a spell abroad, he couldn’t find anywhere to live within his price bracket. So in March 2023 he moved into a converted skip. He had parked the yellow container on a patch of land in Bermondsey and kitted it out…

Fortune

Vanguard: The housing market downturn is ‘why we view a mild U.S. recession in 2023 as most likely’

Housing market downturns usually result in recession, says Vanguard economists.

Fortune

‘Everyone’s fighting over crumbs’: New Jersey housing markets slip right back into the Pandemic Housing Boom

Some New Jersey housing markets are getting hot again—fast.

StockNews.com

This Industry Is Projected to Boom by the End of 2023: Own This Stock NOW

Despite the macroeconomic challenge, declining mortgage rates and improving homebuilders’ sentiments indicate that the housing market might be bouncing back. Homebuilding company M/I Homes (MHO) reported solid fiscal year 2022 results and has gained more than 40% year-to-date. Hence, I think the stock might be an ideal buy. Keep reading.

Fortune

A divided housing market: Zillow says these 294 markets to see home price gains while these 102 markets tick lower

If the bifurcated housing correction—which has been sharp out West and mild in the East—has reinforced anything it's that real estate is indeed local.

Miami Herald

First-time homebuyers jilted in Miami-Dade. Here’s how to crack pricey housing market

Growing up in Miami, Vince Rives knew he wanted to stay local, because he’s close to his Cuban family. Raised between his parents’ house in Kendall and his grandparents abode in Westchester, Rives, 29, recalled a happy childhood.

Fortune

The Western housing market recession hit so hard and fast that a Fortune 500 firm that was riding high at $34 per share has crashed to $1

"They [Opendoor] are taking huge losses, and as buying agents, we are all testing their pain threshold" says Chris Davis, a real estate agent in Phoenix.

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