housing market News

UK House Prices See a 2.8% Annual Rise in March Amid Market Challenges

The UK housing market shows a 2.8% annual increase in house prices in March, with an average price of £296,699, despite a 0.5% monthly drop. Challenges like high borrowing costs an...

US Mortgage Applications Dip Slightly Amid Fluctuating Interest Rates and Housing Market Optimism

Mortgage applications in the US declined by 1.6% last week, with a slight drop in interest rates to 6.7%. Purchase activity is up, but refinancing has decreased, reflecting a mixed...

US Mortgage Applications Dip Slightly Amidst Fluctuating Interest Rates and Housing Market Optimism

Mortgage applications in the U.S. fell by 1.6% last week, with the 30-year fixed-rate mortgage interest rate slightly decreasing to 6.7%. The purchase index rose by 2%, while the r...

US Mortgage Applications Dip Slightly as Purchase Activity Shows Year-Over-Year Growth

Mortgage applications in the U.S. fell by 1.6% last week, with the purchase index up by 2% and refinance index down by 6%. The average 30-year fixed-rate mortgage interest rate sli...

US Mortgage Applications Dip Slightly by 1.6% Amid Fluctuating Interest Rates

US mortgage applications saw a 1.6% decline last week, with a slight drop in 30-year fixed-rate mortgage interest rates to 6.7%. Purchase activity is up, but refinancing has decrea...

UK Housing Market Slows: Mortgage Approvals Dip to 65,500 in February

The UK housing market shows signs of slowing as mortgage approvals for house purchases fell to 65,500 in February, alongside reductions in remortgaging approvals and consumer credi...

UK Mortgage Approvals Dip in February: A Closer Look at the Housing Market Slowdown

The UK saw a slight decrease in mortgage approvals for house purchases in February, with remortgaging approvals and consumer credit also declining. The Bank of England reports a st...

UK Housing Market Slows: Mortgage Approvals Dip to 65,500 in February Amid Rising Loan Rates

The UK housing market shows signs of slowing as mortgage approvals fell to 65,500 in February, with remortgaging and consumer credit also seeing declines. Personal loan rates incre...

UK Mortgage Approvals Dip in February: A Closer Look at the Housing Market Slowdown

UK mortgage approvals slightly decreased to 65,500 in February, with remortgaging approvals and consumer credit also seeing declines. Personal loan rates increased, while mortgage ...

UK Mortgage Approvals Dip Slightly in February, Signaling a Cooling Housing Market

The UK saw a slight decrease in mortgage approvals for house purchases in February, with remortgaging and consumer credit also declining. Interest rates on personal loans rose, yet...

UK Housing Market Slows: Mortgage Approvals Dip to 65,500 in February

The UK saw a slight decrease in mortgage approvals for house purchases in February, with remortgaging approvals and consumer credit also experiencing declines. Personal loan rates ...

US Mortgage Applications Dip 2% Amid Fluctuating Interest Rates and Housing Market Shifts

Mortgage applications in the U.S. fell by 2% last week, with a slight decrease in interest rates. The Purchase Index rose by 1%, while refinancing dropped by 5%. Experts link the i...

February Sees a 1.8% Rise in US New Home Sales, Signaling a Strong Housing Market

US new home sales grew by 1.8% in February, reaching a seasonally adjusted annual rate of 676,000. The median sales price was $414,500, with a supply of 8.9 months at current sales...

Wall Street Rises as New Economic Data Shows Growth in Housing Market and Consumer Confidence

Wall Street opened higher on Tuesday, driven by positive economic reports showing growth in the housing market and anticipation for consumer confidence data. Key stocks and currenc...

February Sees a 1.8% Rise in US New Home Sales, Signaling a Robust Housing Market

In February, US new home sales grew by 1.8% month-on-month, reaching a seasonally adjusted annual rate of 676,000. The median sales price was $414,500, with an 8.9-month supply at ...

February Sees a 1.8% Rise in US New Home Sales, Signaling Market Resilience

The US housing market shows resilience with a 1.8% increase in new home sales in February, reaching a seasonally adjusted annual rate of 676,000, as reported by the Census Bureau a...

February Sees a 4.2% Surge in US Existing Home Sales Amid Market Optimism

US existing home sales increased by 4.2% in February, with the median sales price rising to $398,400. Inventory levels also saw a significant boost, signaling a positive shift in t...

March Sees a Dip in US Home Builder Confidence: What's Behind the Decline?

Builder confidence in the US housing market declined in March, with current sales conditions and prospective buyer traffic both decreasing. A higher percentage of builders cut pric...

Bank of Korea Considers Additional Rate Cuts to Navigate Housing Market Instability

The Bank of Korea is considering further interest rate cuts to address economic challenges and housing market instability, amidst concerns over rising apartment prices in Seoul and...

UK Housing Market Sees 2.9% Price Increase in February Amidst Shifting Demand

The UK housing market saw a 2.9% annual increase in house prices in February, with the average price reaching £298,602. Despite a slight monthly decline, the market is adjusting to...

Surge in US Mortgage Applications: A 20.4% Jump Signals Strong Market Momentum

US mortgage applications surged by 20.4% in late February, with a notable decrease in interest rates to 6.73% for 30-year fixed-rate mortgages. Both purchase and refinance indices ...

Surge in US Mortgage Applications: A 20.4% Jump Signals Strong Housing Market Momentum

US mortgage applications have surged by 20.4%, with a notable decrease in interest rates to 6.73%. The purchase and refinance indices also show significant growth, signaling a robu...

UK Housing Market Slows: Mortgage Approvals Dip to 66,200 in January

The UK housing market shows signs of cooling as mortgage approvals for house purchases slightly decreased to 66,200 in January. Remortgaging approvals rose, and consumer credit inc...

January Sees a Slight Dip in UK Mortgage Approvals Amidst Rising Remortgaging

UK mortgage approvals for house purchases slightly decreased to 66,200 in January from 66,500 in December 2024, while remortgaging approvals increased. Consumer credit growth slowe...

European Markets Show Mixed Results Amid Economic Data Releases

European stock markets closed mostly higher, influenced by retail sales data from Germany and Switzerland, France's GDP and inflation reports, and UK housing market data. The DAX r...

UK Housing Market Sees Robust Growth: February Prices Up 3.9% Annually

The UK housing market shows strong growth with a 3.9% annual increase in house prices in February, as per the Nationwide House Price Index. The average house price rose to £270,493...

UK Housing Market Sees Steady Growth: February Prices Up by 3.9%

The UK housing market showed resilience with a 3.9% annual growth in house prices in February, reaching an average of £270,493. Despite affordability challenges, housing transactio...

Historic Drop: Mortgage Rates Hit Two-Month Low, Sparking Homebuyer Interest

Freddie Mac reports a significant drop in mortgage rates, with the 30-year fixed-rate decreasing to 6.76%, the lowest since mid-December 2024. This, along with a modest improvement...

December Sees a 3.6% Surge in US New Home Sales, Marking a Robust End to 2024

US new home sales experienced a 3.6% increase in December 2024, with a 6.7% annual growth. Median and average sales prices were $427,000 and $513,600, respectively, with an 8.5-mon...

December Sees a 2.2% Surge in US Existing Home Sales, Marking the Highest Since June 2021

US existing home sales rose by 2.2% in December, reaching a seasonally adjusted annual rate of 4.38 million, the highest since June 2021, indicating a strong recovery in the housin...

January Brings a Surge in Confidence Among US Home Builders, Signaling a Bright Future

The National Association of Home Builders reports a significant increase in confidence among US home builders for newly-built single-family homes in January, indicating potential g...

US Mortgage Applications Surge by 33.3%: A Sign of Economic Revival?

Mortgage applications in the U.S. have surged by 33.3%, with the average interest rate for 30-year fixed-rate mortgages rising to 7.09%. This significant increase, reported by the ...