Housing Industry News
A collection of Housing latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Is the UK's booming housing market heading for a bust?
In April, with the UK in coronavirus lockdown and the property market frozen, estate agent Savills predicted that house prices would fall by 5 to 10 per cent in the short term. The consensus among experts at the time was that the number of house…
How 2020 broke the housing market, inventory could actually run out
The hottest pandemic purchase is a house, as more and more Americans take advantage of low mortgage rates to attain spacious backyards and more comfortable work-from-home locales. Existing home sales, which have trended upward for the last 3 months…
How the coronavirus economy is impacting the housing market
By Manfred Keil and Robert Kleinhenz | Inland Empire Economic Partnership On Sept. 16, the Director of the Center for Disease Control, Dr. Robert Redfield, was asked by Sen. John Kennedy, R-LA, when a vaccine against the coronavirus would be…
Housing Market on Track to Beat Last Year's Success
Back in March, as the nation's economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it…
San Francisco housing has cooled as some flee the city, but demand is still there
Published Sun, Sep 27 2020 9:53 AM EDT San Francisco housing inventory is at its highest in years, and residences are sitting on the market longer and getting fewer bids than they did a year ago. The coronavirus pandemic, which eliminated many of…
COVID-19, Mortgage Rates Create N.H. Housing Market 'Feeding Frenzy'
A few weeks ago, Liza Widdop and her kids visited Concord. Visiting from out of state, they walked around the neighborhoods, trying to find their next home. But with no ‘For Sale' signs in sight, they left letters at potential houses…
First-time buyers frozen out of housing market
Existing homeowners have overtaken first-time buyers as the biggest source of demand in the housing market. Online estate agent Zoopla said the change had resulted from the coronavirus pandemic as younger families had been increasingly shut out by…
How 2020 broke the housing market: So many homes are selling that we could run out of new houses in months
John M Lund/Getty ImagesA house is the most desirable get amid the coronavirus pandemic, but the US is barreling toward an inventory shortage and affordability crisis that will make homeownership unattainable. The hottest pandemic purchase is a…
The road to housing affordability is paved with more housing construction
Canadians and real estate experts agree that housing has become increasingly expensive over the years, but what causes prices or rents to rise and how to address shelter cost inflation lacks consensus. Two poles of divergent views have emerged. One…
Southern Oregon wildfire razes close-knit Latino community, thousands face housing crisis
It would have been easy to miss the neighborhood tucked behind a car lot along Oregon 99 on the outskirts of Medford. A plain yellow sign on the side of the highway marked the entrance. Inside, the snug collection of trailer homes sat along a…
Context is key with 2020 housing market data
Biggest concern for housing is that real home prices could take off Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to email this to a friend (Opens in new window)Click to share on LinkedIn…
Top economists say boosting social housing and jobseeker key to Australia's prosperity
Overwhelmingly, Australia's leading economists want the budget to boost social housing and the jobseeker unemployment benefit rather than bring forward personal income tax cuts. The 49 eminent economists who responded to Conversation-Economic…
Almeda fire's destruction of mobile home parks exacerbates Rogue Valley's affordable housing shortage
When the wind-driven Almeda fire ripped up the Highway 99 corridor on Sept 8, Luke and Nichole Andre were at their jobs in Ashland and unable to return to their mobile home on the outskirts of Phoenix. “All we had was the clothes on our…
4 Ways to Find Housing Deals That Aren't on the Market
Whether you're looking to buy a house as your primary residence or you want to add an investment property to your portfolio, sometimes the best deals are the ones that aren't even on the market. The question is, how do you find them? The process of…
Mayor of London Launches Housing Design App to Transform Construction
Mayor of London Launches Housing Design App to Transform Construction In order to assist the city of London and encourage constructions after Covid-19, the Mayor of London, with tech-led design practice Bryden Wood and leading residential…
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