Housing Industry News
A collection of Housing latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
KB Home Reports Lower Revenue as Difficult Housing Market Persists
reported lower revenue and profit in the second quarter, as it continued to contend with a difficult housing market. The home builder on Tuesday reported a profit of $27.3 million, or 43 cents a share, compared with a profit of $107.9 million, or…
What Brexit did to the economy, inflation and housing market ten years on
It is a decade since the Brexit vote and the ramifications are still being felt. The EU referendum took place on 23 June 2016 when the UK voted to leave the political bloc, ending the country's membership of the customers union and the single…
Brief Drop in Mortgage Rates Points to Another False Start for the Housing Market
The U.S. mortgage market is locked in a tug of war, leaving home buyers and refinancers caught between a brief respite in geopolitical tensions and a hawkish Federal Reserve. In late February, driven by Fed rate cuts in prior months, the 30-year…
KB Home Q2 Review: Muted Housing Market Unlikely To Recover Soon (NYSE:KBH)
KB Home remains a 'Hold' as persistent high mortgage rates and weak first-time buyer demand constrain recovery prospects. Q2 results were soft: revenue fell 27%, gross margin dropped to 15.2%, and operating margin compressed to 3%. KBH pivots to a…
Why Philadelphia's housing market remains so difficult to navigate
Have a question about Philly's neighborhoods or the systems that shape them? PlanPhilly reporters want to hear from you! Ask us a question or send us a story idea you think we should cover. Philadelphia's housing market remains deeply unaffordable…
The housing market will slow down for the next six months
This regularly scheduled column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. If you would like to work with Eli and his team in Northern Virginia and the greater D.C. Metro area, you can reach him directly at [email…
Congress passes landmark housing bill ahead of midterm elections
Broadly, the legislation is designed to bring down costs by increasing the housing supply, long a goal for affordable housing advocates who say the U.S. housing market is millions of homes short of where it should be. Affordability, given years of…
Proxy war between AI industry, safety groups comes to head in NY House primary
New York City voters are set to deliver their verdict Tuesday in one of the most prominent election battles between artificial intelligence companies and the nonprofits pushing for stricter rules on the new technology. The fight over AI policy has…
Labor's housing affordability fix could freeze the market
There's an old economic truism that every government intervention creates unintended consequences, which inevitably lead to calls for further interventions. That seems to be playing out with the Albanese government's contentious changes to capital…
Modular construction, big or small, fills a hole in Maine's housing market
PORTLAND — If you see a house floating across Casco Bay soon, this may be why. BrightBuilt Home, a maker of environmentally conscious modular homes, is in the final stages of design, construction and installation of a small, high-performance…
Latest Daft report shows 'two-speed' housing market emerging between Dublin and other counties
HOUSE PRICE INFLATION in cities may be stabilising, but rural areas are still seeing prices rise at speed. A new report by property website Daft shows a two-speed market emerging, as Dublin list-price inflation halved to 3% in the year to June…
Why Urban Sophistication Built A House And Ignored Retail Convention
The use of a real house goes with the brand's unconventional approach. Nothing about the way Urban Sophistication goes about retailing conforms with the given norms, and that doubles down for its new store in South Korea. Located in an off-retail…
The Dragonseeds of 'House of the Dragon' Are Excited for What Lies Ahead
So much of Team Black's House of the Dragon season two plotline revolved around a mathematical dilemma. There were simply more dragons than there were loyal Targaryens to ride them. After some trial and error, however, three…
Trump Administration Eyes White House Aide for Top FDA Post
White House policy aide Heidi Overton is among the final candidates the Trump administration is considering to lead the Food and Drug Administration, according to people familiar with the matter. No final decision has been made, said the people…
California voters to decide on $11 billion housing bond aimed at lowering housing costs
California's average home value is now $877,000 — something only 17% of people can afford. Polls show that affordability is one of the top concerns in California, and now voters will have a chance in November to decide if more tax money…
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