Housing Industry News
A collection of Housing latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Zillow economist gives somber outlook on housing market, mortgage rates
The U.S. housing market could face another difficult stretch as stubbornly high mortgage rates keep potential buyers on the sidelines, as Zillow has warned that the slowdown may get worse before it gets better. Newly pending home sales fell 17…
New home loans dropped by a record 15% as Australia's housing market downturn deepens
New mortgage loans dropped by a record 15% in the September quarter as the housing market downturn deepened, led by a 30.6% dive in lending to investors, official figures on Wednesday showed. The Reserve Bank's five interest rate hikes and stagnant…
Warren Buffett's Berkshire Just Bought $600 Million in Lennar Stock as the Housing Market Weakens
Warren Buffett recognizes greater opportunity in the securities market vs. American real estate, and his portfolio reflects this conviction. Market analyst Charlie Bilello highlighted Miami, Florida, on October 16 as the strongest buyer's market in…
White House warns House Democrats not to harass staff with oversight investigations
The White House is warning House Democrats not to get personal as they prepare for new investigations in the majority come January. The Office of the White House Counsel wrote to Rep. Robert Garcia (D-CA) this week, cautioning him that…
First-time buyers have £36k saved but are still waiting for house prices to drop
Four in 10 aspiring homebuyers are putting off buying a property in the hope that house prices will fall sometime in the future. A recent survey of 2,000 adults who don't currently own a home revealed prospective buyers have, on average…
House Democrat: 'Mr. Hegseth's days are numbered'
Rep. Madeleine Dean (D-Pa.) on Tuesday evening issued a stark warning to Defense Secretary Pete Hegseth after House Republicans shelved an effort to impeach the Pentagon chief. “I think Mr. Hegseth's days are numbered,” Dean told…
Why is Scotland's housing shortage getting worse?
It is three years since Scotland's largest cities declared 'housing emergencies', followed months later by the nation as a whole. Since then, homelessness has hit record levels while the cost of renting or buying property has continued to rise. The…
Why is Scotland's housing shortage getting worse?
Phil Sim, Andrew Picken and Aimee Stanton, BBC Scotland It is three years since Scotland's largest cities declared 'housing emergencies', followed months later by the nation as a whole. Since then, homelessness has hit record levels while the cost…
Tokyo's Housing Boom Spreads to Once-Overlooked Neighborhoods
This article is for subscribers only. Welcome back to Bloomberg's Real Estate Monitor, a weekly breakdown of emerging trends, strategic challenges and blockbuster deals shaping the industry. Sign up now if you're not already on the list. This week…
Jeffries' path to House speaker raises specter of McCarthy-style revolt
Kevin McCarthy 's tenure as House speaker was plagued with so much Republican infighting that it eventually led to his downfall. Representative Hakeem Jeffries is campaigning to hold the same office and remains the overwhelming favorite to become…
Emotional A Place In The Sun guest's bombshell after viewing 'tear-jerker' house
A Place In The Sun guest became quite emotional upon viewing a property that 'ticked all their boxes' - though matters quickly took an unexpected twist. The popular Channel 4 programme returned to screens on Wednesday (November 11) with Ben Hillman…
The Latest: Efforts to impeach Pete Hegseth are blocked by House Republicans
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General strike over wages, housing and high prices underway in Spain
Nov. 11 (UPI) -- Workers across Spain were expected to walk out Wednesday after the country's two largest unions called a 24-hour general strike over wages, housing and an affordability crisis ahead of a general election on Nov. 29. How many…
Watch live: House panel examines rise of sports gambling on college campuses
A House Education and Workforce subcommittee will weigh the rise of sports gambling on campuses amid growing concerns about student-athlete safety and the integrity of college sports. The hearing comes as the NCAA faces mounting pressure to address…
Taylor Wimpey cuts housing targets in 'subdued' market
Shares in Taylor Wimpey slipped on Wednesday after the housebuilder blamed the “subdued” property market for cuts to its housing and profit targets. The London-listed builder said rising mortgage rates caused by the Iran war are…
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