Housing Industry News
A collection of Housing latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
September data shows housing market in a deep freeze
Pending home sales in September dropped 7.3% from August and were down 11.3% year-over-year. Housing starts fell 4.56% to 859,000 annualized. Homebuilder sentiment hit a 14-year low. Fast-rising mortgage rates in September took a harsh toll on the…
Luxury and Cash Fuel U.S. Housing Market
America's home-buying market is a house divided. On one side, near-record home prices and the recent surge in mortgage rates above 7% have relegated buyers to the sidelines. In many cities, sales are stagnant and sellers are cutting prices for…
A major housing market indicator just flashed its most negative reading in 14 years
The mood among America's homebuilders is grim. Homebuilder sentiment fell three points to 29 in October, according to the National Association of Home Builders/Wells Fargo Housing Market Index. October's reading marks the lowest homebuilder…
Maryland Housing Market Cools in September as Buyer Activity Slows and Inventory Climbs - The BayNet
Pending sales fall 16.5% as inventory increases 21.3%, giving buyers more choices in a slower market. ANNAPOLIS — Maryland's housing market slowed considerably in September, with fewer sales, declining buyer activity, and a growing number of…
US Housing Starts Fall to Four-Month Low as Demand Falters
New US residential construction declined in September to one of the weakest paces since the pandemic and building permits for single-family homes slid, highlighting a languishing housing market. Housing starts decreased 5.2% to an annualized rate…
US single-family housing starts, building permits tumble in September
US single-family homebuilding and permits for future construction fell sharply in September as higher mortgage rates suppressed demand, suggesting residential investment resumed its declining trend in the third quarter. SCROLL TO CONTINUE WITH…
Big Brother response after calls for Omar to be removed from house
A number of viewers have shared their concern over 'uncomfortable' scenes. Big Brother has issued a statement in response to recent calls from a number of fans over one housemate. Multiple people, including some high profile fans of the show have…
Qaddafi's Ghost Haunts the White House's War With Iran
As President Donald Trump presses on with a war against Iran, another intervention that led to the death of an adversarial leader 15 years ago Tuesday looms heavily over the White House. In some ways, the chaos and conflict mismanagement that…
South London housing estates saved from the bulldozer after years of uncertainty
Three under-threat housing estates in south London look set to be spared the bulldozer after years of uncertainty for residents. Lambeth Council has outlined plans to protect Central Hill in Crystal Palace, as well as Cressingham Gardens, near…
Modern detached Oxford house hits market for over £1m
The freehold property has four bedrooms and three bathrooms and is described as having contemporary architecture, tall ceilings and broad windows. According to the Rightmove listing, parking is provided on a driveway and in a garage fitted with an…
Some holiday home owners may move to shared housing, say industry executives
Some properties are expected to shift from holiday homes to shared housing under Dubai's new law, but hardly any are likely to move in the opposite direction, according to property managers. “Some movement in one direction, and almost none…
Socialize All Housing
In 1872, the German socialist newspaper Der Volksstaat ran a series of articles on housing. The breakneck growth of industrial cities had brought overcrowding, squalor, and soaring rents for workers. Their author, Arthur Mülberger, drawing on…
President Lee calls for all-out efforts to boost housing supply
President Lee Jae Myung on Tuesday stressed the need to cut the time required for administrative procedures in building homes, calling for all-out efforts to boost housing supply. The president made the call during a Cabinet meeting as runaway…
Inherited Ground: Designing Houses on Contaminated Land
Industrial activity can end long before its effects disappear from the land. Factories close, buildings are demolished, and former industrial districts gradually become part of new residential developments. Yet the soil beneath them may still…
Two-thirds of contractors say ICE raids are making it harder for them to build houses
Two-thirds of construction contractors believe that ICE 's raids on immigrant communities have had an adverse impact on the U.S. housing market, making it harder to find laborers and leaving newbuilds at a standstill, according to a survey. A poll…
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