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Inflation, and Housing Costs, Are Set to Turn a Corner
Cooling house prices and rents could tamp down inflation in coming months, nudging the Federal Reserve to pause or even reverse rate increases. Source link
Striking L.A. Workers Want Hotels to Help Build Affordable Housing
Hotel owners said that fixing the region’s longstanding housing crisis isn’t their job. Source link
Indiana, Midwest Take Top Slots in WSJ/Realtor.com Housing Index
Lafayette, Ind., retained the top spot in the emerging home markets index for a third consecutive quarter. Source link
Home Prices Fell Year-Over-Year in May
Home prices fell from a year earlier in May for the second straight month, as elevated mortgage rates and high prices sidelined buyers. Source link
Home Sales Fall Amid High Mortgage Rates, Low Supply
Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate
Homeowners Don't Want to Sell, So Home Builders Are Booming
High mortgage rates are dissuading sellers, leaving new construction the only game in town. ‘There was no inventory on the existing market, so everybody was
White House expands war on junk fees to rental housing, unveils new merger guidelines By Reuters
© Reuters. FILE PHOTO: A view of the White House in the late afternoon in Washington, U.S., March 8, 2023. REUTERS/Leah Millis By Andrea Shalal
Record Miami Land Sale Collapses Amid Slowdown
Even the hot Miami commercial real-estate market is being slowed by high interest rates and tight credit. Source link
Wave of Rental Resets to Further Deplete Affordable Housing
Expiring government protections mean landlords could charge market rates. Source link
For Hong Kong’s youth, government-backed hostels offer a smidgen of housing hope By Reuters
© Reuters. FILE PHOTO: Tourists relax on the waterfront in front of Victoria Harbour, with the iconic skyline buildings as a backdrop, in Hong Kong,