Housing Industry News
A collection of Housing latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Top housing market economist has bad news for homebuyers
Americans hoping mortgage rates will soon return to the levels seen earlier this year may have to wait longer than expected, according to one of the country's leading housing economists. Robert Dietz, chief economist at the National Association of…
Prestige housing markets lead the downturn with double-digit declines
A year ago, prestige real estate agent Rob Curtain took an offer for the owners of a clifftop home in Flinders, on Victoria's Mornington Peninsula, of $10.25 million, which the owners didn't accept due to family circumstances at the time. Six weeks…
Hedge fund shorts Australia's housing market, targets REA
A Sydney-based hedge fund is targeting Australia's largest real estate listings company, REA Group, betting that the Reserve Bank's aggressive interest rate cycle and sweeping tax changes announced in the budget will intensify the slump in property…
The housing market could finally become affordable again. Here's what it would take
Americans facing high housing costs could see some normalization of prices in the years ahead, though a new report cautions that the timeline varies widely based on market dynamics and across different metro areas. Redfin released an analysis last…
New Help to Buy scheme could slow housing market, warns Bellway
Bellway has warned the government's revival of the Help to Buy scheme could further slow the housing market in the near term by encouraging housebuyers to delay decisions. The FTSE 250 housebuilder said Labour's new equity loan scheme, Your First…
Protest as Meopham farmland housing plans go to inquiry
Campaigners have gathered outside a planning inquiry which is looking into plans for up to 150 homes in a Kent village, amid residents' concerns about development on agricultural land. The proposal by Taylor Wimpey South East for land west of…
PM statement to the House of Commons: 12 October 2026
With permission Mr Speaker, I wish to make a statement on the United Nations General Assembly and related international events since the House last met. Before I do, let me first welcome the new member for Holborn and St Pancras to her place. What…
Trust running Shambellie House near Dumfries to cease trading
The trust which took over Scotland's former national museum of costume has announced it will cease trading in January. Shambellie House at New Abbey near Dumfries closed in 2013, with its contents transferred to Edinburgh. A trust was set up two…
Philippines lower house approves bill restricting minors' social media access
The Philippines on Monday moved a step closer to restricting social media use among minors after its lower house of Congress approved a measure banning access to platforms for children under 13. The Philippines is the latest country, from Greece…
Are we turning a corner on housing?
After a decade of surging prices, record rents and persistent supply shortfalls, is the Irish property market finally turning a corner? There are some encouraging signs. The State's two largest home builders, Cairn and Glenveagh, have reported…
What's the White House press pool?
The Justice Department's decision to investigate the five TV networks that make up the White House television pool for potentially violating antitrust laws has thrust the decades-old press pool system into the spotlight. The investigation comes…
Dealing with a downturn: young agents face their first housing slump
Gus Camden, a sales agent working at McGrath Estate Agents Gosford on the NSW Central Coast, entered the real estate industry in August 2020 just as the COVID-19 pandemic upended property markets and just before house prices took off, courtesy of…
The Minsky Moment Conversation About Housing
UPDATE: As of this morning, 43.4% of all US homes for sale are now undergoing price cuts. This is the highest read all year, up an additional 70 basis points from this time last week. Two tiers continue to emerge at the top of price cutting…
Il Picco sells two houses within a day for over HK$105 mn
HKR International and Citic Pacific's Il Picco in Discovery Bay sold two detached houses on Tuesday, cashing in over HK$105 million. SCROLL TO CONTINUE WITH CONTENT House number six, spanning 2,171 square feet, featured a four-bedroom three-ensuite…
Residential company fined over Ahlux House fire safety failings
A residential company has been fined £153,000 over fire safety failures at a block of flats in Leeds. Scanlans Property Management LLP pleaded guilty to failing to comply with an enforcement notice over a defective fire alarm system and…
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