Housing Industry News

The frozen housing market shows few signs of thawing as 2025 begins

New year, same old real estate market: The high mortgage rates, scarce inventory and dismal affordability that have plagued housing look set to linger.

Fitch issues global 2025 housing market forecast: America up, China down

Want more housing market stories from Lance Lambert's ResiClub in your inbox? Subscribe to the ResiClub newsletter. According to Fitch Ratings, home prices in 2024 rose in 13 of the 15 major countries analysts at the credit rating agency track…

Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?

Mortgage rates inched up at the start of the year to the highest level in nearly six months, portending another tough year for the U.S. housing market. The 30-year mortgage rate remains at the highest level since July 2024. It averaged 6.91% as of…

U.S. mortgage rates approach 7% in ominous sign for housing market

Perth loses its housing market crown as peak growth passes

, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. CoreLogic's Home Value Index ended the year on a negative note, with values down -0.1 per cent nationally over the month after…

Homebuilding rose last year in Colorado Springs, but the housing market faces challenges in 2025

Colorado Springs-area home construction rebounded in 2024 from the previous year, though one local builder labeled last year's activity as just so-so, while uncertainty about mortgage rates and Trump administration policies on tariffs and…

First-Time Buyers Increase as Housing Market Improves

The housing market experienced a resurgence in first-time buyer activity and steady house price growth in 2024, data from building societies suggest. The number of first-time buyers with a mortgage rose by 13.8 percent in 2024, with 330,000…

Scotland's housing market: Why property experts are upbeat for 2025

“The outlook for the market is probably as settled as we have seen it for a number of years” – Andrew Diamond, Lindsays Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website…

Housing market update: what you need to know in 2025

The start of a New Year brings new rules and regulations, as well as resolutions. So, if you are planning to buy a home of your own in 2025, here's what you should be aware of. There are no major changes for prospective owners, says Richardo Cruz…

FTSE 100 Live: Asia markets slump, UK house prices strengthen

Tasty, the operator of 36 restaurants under the dim t and Wildwood brands, today gave a downbeat assessment of conditions over the festive period. The AIM-listed company said in a brief trading update: “Trading in the second half of 2024…

House hunters say 'I don't understand' as 'odd' £259k house goes on market

A town house that is on the market for £259,000 has left home hunters baffled as many claimed 'I don't understand'. The three-bed property in East Cowes, which has been dubbed 'odd', has been listed for sale on both Rightmove and Zoopla. But…

What Happened to Carter's White House Solar Panels? They Lived On.

It was a novel idea at the time, but one that made sense: In 1979, President Jimmy Carter had 32 solar panels installed on the roof of the White House. They were removed just seven years later, under President Ronald Reagan. But that wasn't the end…

Real estate trends: Orlando housing affordability and foreclosure concerns - Orlando Business Journal

Throughout the year, Orlando Business Journal tracked the local housing market and determined some major pain points for the region. The region faced significant headwinds with interest rates and construction costs continuing to dampen new housing…

House rules to oust speaker condemned by top House Democrat

The new legislation, which will be voted on for approval when the 119th Congress convenes Friday, would require nine members of the majority party to co-sponsor a motion to vacate the speaker from the top leadership position, up from current rules…

UK house prices ended 2024 on a strong footing but volatility lies ahead

House prices ended the year on a strong footing, sitting just below an all-time high, according to an index. But stamp duty changes this spring could generate volatility, triggering a jump in house sales in early 2025, followed by a weaker period…