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 housing market is sending a troubling signal about what's coming next
One key measure of housing activity fell to the lowest level in more than two decades in September, as higher mortgage rates are keeping buyers at bay. Pending home sales, which measure the number of signed contracts on existing homes, slumped 7.3%…
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…
America's dismal housing market to get even worse in 2027, grim forecast predicts
America's already frozen housing market could be headed for an even deeper chill next year — with Goldman Sachs warning that stubbornly high mortgage rates will keep buyers sidelined and homeowners trapped in their properties. The Wall…
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…
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…
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…
New Housing Numbers Highlight an Affordability Challenge Republicans Should Not Ignore
As we get closer to the midterm elections, there are a few issues, like gas and food prices, looming that Republicans have to be prepared to address. Another one of those issues is homeownership, which has long been a cornerstone of the American…
Lee Presses Cabinet to Speed Up Housing Construction to Contain Soaring Home Prices
Anchor: President Lee Jae Myung wants to cut the time required for administrative procedures before new homes can be built. During a meeting on Tuesday, he instructed his officials to find ways to speed up housing construction amid soaring prices.
Sabato's Crystal Ball changes 28 House race ratings
At least 218 seats are needed for a majority. Republicans hold a slim majority with 218 members plus Rep. Kevin Kiley (I-CA), totaling 219 effective votes. Sabato's Crystal Ball says its team sees Democrats getting close to 235 seats, which was the…
Housing is flashing warning signs just as the Fed weighs more interest rate hikes
Fresh data points from September showed the housing market continues to deteriorate just as the Federal Reserve is considering raising interest rates again. Building permits, new starts and pending sales all were considerably worse than Wall Street…
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…
Celebs focus on Dems winning House in 11th hour midterms fundraising
With less than two weeks before the midterm elections, some high-profile names are adding their voices to a flurry of fundraising pitches warning of the dangers of Republicans maintaining control of the House. A slew of famous faces —…
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…
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