Housing Market News
CNBC
11/10/2022 4:46:00 AM
Softening housing market is not a crash
Benjamin Tal, deputy chief economist at CIBC Capital Markets, talks with the Financial Post’s Larysa Harapyn about the outlook for the Canadian economy in the fourth quarter.
Listen to Down to Busine.. read more
Market Watch
11/9/2022 10:48:00 PM
'The housing market will get smaller in 2023': Redfin lays off 13% of staff
Redfin RDFN, is laying off staff again, as the housing market continues to hurt from high mortgage rates and low demand.
Redfin CEO Glenn Kelman said on Wednesday that the real-estate brokerage was l.. read more
CNBC
11/9/2022 12:58:46 AM
Canada's slumping housing market weighs on Home Capital's loans
The tumult in Canada’s housing market is starting to take its toll on lenders, with Home Capital Group Inc. reporting a plunge in third-quarter originations.
Home Capital, which lends largely to borr.. read more
CNBC
11/9/2022 12:13:39 AM
Canada's Slumping Housing Market Weighs on Home Capital's Loans
(Bloomberg) — The tumult in Canada’s housing market is starting to take its toll on lenders, with Home Capital Group Inc. reporting a plunge in third-quarter originations.
Home Capital, which lends l.. read more
Market Watch
11/8/2022 10:53:00 PM
'Only time will tell if September was the nadir:' Zillow reports sharp home-value declines in these cities, amid grim outlook for U.S. housing market
Winter is coming, and the real-estate market is slowly coming to a standstill.
According to a new report by Zillow Z, , the typical home in the U.S. saw its value barely inch up between September and.. read more
Market Watch
11/8/2022 9:52:00 PM
Freddie Mac 3Q Profit, Revenue Down on Deteriorated Housing Market
Federal Home Loan Mortgage Corp., or Freddie Mac, on Tuesday posted a significant decline in profit for the third quarter of the year, with revenue falling amid worsening housing-market conditions.
T.. read more
CNBC
11/8/2022 9:03:57 PM
Posthaste: Could the worst be over for Canada's biggest housing market?
Good Morning!
Regional real estate reports out last week showed Canada’s housing markets continue to deflate under the weight of rising interest rates.
No surprise there. The Bank of Canada has hike.. read more
CNBC
11/8/2022 1:42:43 PM
Swedish House Price Slide Deepens in Test of Vulnerability
(Bloomberg) — Sweden’s housing market distress worsened last month as higher interest rates and concerns over energy costs pushed prices of single-family homes lower.
The housing slump, which is mirr.. read more
Fox Business
11/8/2022 5:57:47 AM
Confidence in US housing market hits a new low: Fannie Mae
Consumer confidence in the U.S. housing market has tumbled to the lowest level on record as rapidly rising mortgage rates and high home prices force potential buyers to pull back.
In October, just 16.. read more
Market Watch
11/8/2022 5:24:00 AM
BofA cuts home price growth to 0% for next 2-3 years, but still sees no major distress unfolding
Record low affordability and a dearth of houses to buy have credit analysts at BofA Global cutting their outlook for U.S. home price growth to zero in 2023, while also warning that prices could stay f.. read more
CNBC
11/8/2022 12:42:09 AM
Consumer confidence in the housing markets hits a new low, according to Fannie Mae
An 'Open House' sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio.
Rising mortgage rates, high home prices and uncertainty in the overall economy have America.. read more
Market Watch
11/7/2022 10:59:00 PM
Home-buying sentiment hits all-time low, as mortgage rates surpass 7%, Fannie Mae says
Home shoppers have been so put off by elevated home prices and mortgage rates that buying sentiment has hit an all-time low, Fannie Mae FNMA, said.
The agency on Monday reported that its Home Purchas.. read more
Market Watch
11/7/2022 7:34:00 PM
‘There’s no doubt the housing market received a significant shock’: U.K. house prices fall further
U.K. house prices fell at its fastest rate in October in 21 months, after mortgage rates soared in reaction to the ill-fated mini budget.
According to the latest data from one of the U.K.’s biggest m.. read more
CNBC
11/7/2022 6:31:44 PM
Sterling rises but gloomy economic outlook remains in focus
LONDON — Sterling rose on Monday, largely boosted by a softer dollar, which pushed the pound back up to levels seen before the Bank of England (BoE) delivered its biggest interest rate hike in three d.. read more
Market Watch
11/7/2022 6:02:00 PM
A home buying tactic from the '70s and '80s is seeing a revival—here's how it works and what buyers and sellers get out of it
This article is reprinted by permission from NerdWallet.
Home buyers are looking for ways to whittle down their mortgage rates. As a result, a once-popular home-selling tactic is making a comeback. I.. read more
Fox Business
11/6/2022 9:58:04 PM
Interest rates have risen, yet this couple wants their 'American Dream Home' by the beach
This week on "American Dream Home," we once again headed back to the Gulf Coast of Texas — and the city of Galveston.
"American Dream Home" has visited this coastal city twice before.
We go back to .. read more
Market Watch
11/5/2022 8:57:11 PM
Warren Buffett's Berkshire Hathaway swings to loss, stung by battered market
Warren Buffett’s Berkshire Hathaway Inc. swung to a loss in the third quarter as a volatile stock market and losses from insurance underwriting offset gains in its manufacturing, service and retail bu.. read more
Market Watch
11/5/2022 8:56:00 PM
Warren Buffett’s Berkshire Hathaway swings to loss, stung by battered market
Warren Buffett’s Berkshire Hathaway Inc. swung to a loss in the third quarter as a volatile stock market and losses from insurance underwriting offset gains in its manufacturing, service and retail bu.. read more
CNBC
11/5/2022 7:06:04 PM
Your Saturday UK Briefing: Rate Hike, Housing and Heating
(Bloomberg) —
Prime Minister Rishi Sunak is rushing to complete his new budget plan and close what could be a £50 billion hole in public finances. The Bank of England’s biggest rate increase since 19.. read more
CNBC
11/5/2022 2:04:19 PM
From Russia with cash: Georgia booms as Russians flee Putin's war
TBILISI — As war chokes Europe, a small nation wedged beneath Russia is enjoying an unexpected economic boom.
Georgia is on course to become one of the world’s fastest-growing economies this year fol.. read more
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Intersting Reads
TNW
5/26/2023 5:00:00 AM
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Ars Technica
6/3/2023 3:30:35 AM
YouTube now allows videos that falsely claim Trump won 2020 election
Enlarge/ A Trump campaign event in Waco, Texas, on Saturday, March 25, 2023.
6 with
YouTube on Friday announced a major change in its approach to US election misinformation, saying it will no long….. read more
Sky Sports
5/31/2023 1:10:00 AM
Mourinho takes second swipe at Spurs: 'Roma didn't sack me before the final!'
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Jose Mourinho takes aim at Tottenham once again, saying he was not given the chance to win a final and that is the reason he did not succ….. read more