Housing Industry News
A collection of Housing latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Stagnant Housing Market Is About to Face a 7% Mortgage
Mortgage rates are closing in on 7% for the first time since the beginning of last year, promising more pain for prospective home buyers already wincing at record-high home prices and an uncertain economy. Last week, 30-year fixed rates averaged…
Southwest Florida housing market recalibrates as prices rise
Southwest Florida faces a housing market that is still in recalibration mode after the COVID-19 pandemic, according to Florida Gulf Coast University's September Regional Economic Indicators report. Residential active listings were down 21% in July…
Bessent grilled on AI, bond market in tense House hearing: 3 takeaways
Treasury Secretary Scott Bessent faced lawmakers on the House Financial Services Committee on Tuesday, amid concerns over rapidly developing artificial intelligence (AI) and surging bond yields. During the nearly three-hour-long hearing, Bessent…
Maine senators push for Senate to take up House whale bill championed by lobster industry
Maine's two senators are urging the Senate Commerce Committee to take up and advance House-passed legislation that would extend a pause in rulemaking on protections for the right whales in an effort to safeguard the state's lobster industry. The…
Mortgage rates surge to 7.22% as rising costs impact Connecticut housing market
Connecticut real estate and mortgage experts say higher rates appear to be cooling some of the competition among homebuyers.
House set to vote on electricity ratepayer bill
The House on Tuesday night is expected to pass a bill aimed at shielding Americans from increased electricity costs associated with data centers. The bill requires states to consider taking up standards that would force tech companies to shoulder…
House passes Iran war powers resolution
The House on Tuesday passed a Democratic-backed war powers resolution that would limit President Trump's military actions in Iran. The lower chamber voted 220-204 to pass the resolution, sponsored by Rep. Seth Moulton (D-Mass.). Seven Republicans…
Sheffield homes evacuated after discovery made at house
Homes have been evacuated after bomb disposal experts were called following a discovery at a house in Sheffield. South Yorkshire Police said a 100m (328ft) cordon had been put in place around the property on Mapplebeck Road in High Green following…
Dior Unveils a New House in Milan, Its Latest in the World
MILAN — Milan is getting its own House of Dior, and as Delphine Arnault underscored, these brand flagships are distinctive and few and far between. “It's always a great pleasure for us when we open a new House of Dior because they are…
Brisbane still the best place to sell a house despite slowing market
Brisbane remains the best place to make a buck reselling property despite a declining market, with sales in the city returning the highest profit of any capital in the June quarter. The city has held that title for two years, with sellers pocketing…
House sinks Al Green bid to impeach Trump
House lawmakers voted Tuesday to sink a Democratic effort to impeach President Trump over the administration's aggressive deportation agenda. Sponsored by Rep. Al Green (D-Texas), the resolution accused Trump of abusing his powers by launching an…
Mayor of London Sadiq Khan sworn into House of Lords
The Mayor of London, Sir Sadiq Khan, has taken his place in the House of Lords. Sir Sadiq, who has become Lord Khan of Tooting, took the oath in the upper chamber at the start of business as he became a Labour member of the Lords. Lord Khan has…
Housing downturn ends record profit run for sellers
The latest sales figures from Cotality show Brisbane properties made a median of $525,000 profit at resale in the June quarter. Brisbane is the most profitable capital for sellers, despite a national downturn in property prices. Cotality's head of…
Exclusive | Hong Kong policy address to unveil bold youth housing and mediation initiatives
Hong Kong's leader will unveil two bold initiatives on housing and mediation in his policy address, the South China Morning Post has learned, with the government planning to boost home ownership rates among young couples and prioritise settling…
May grind to a halt! Stagnant Housing Market Is About to Face 7% Mortgage; housing market is approaching highest mortgage rate since January 2025, likely spooking home buyers & home builders even more
record-high home prices and an uncertain economy.' was the boss sleeping? No, I think pondering how the hell to get to fuck out of Iran war and stop any more troops from dying for Israel's fever. and how the hell to fire Patel, Hegseth and RFK Jr.
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