DOMINIC COYLE
Wondering how competitive the U.S. housing market is? Find the median U.S. house price, housing demand, supply and real estate trends with Redfin.
1. Rising interest rates:When interest rates go up, it makes it more expensive for people to borrow money to buy a house. This can lead to fewer people buying and prices dropping. 2. Oversupply of houses:If there are more houses on the market than buyers, prices will go down. This is...
Local Housing Market Shows Some Life, but Prices Still Falling; First-Quarter Home Sales Jumped 15 Percent, Study SaysDina ElBoghdady
1. Rising interest rates:When interest rates go up, it makes it more expensive for people to borrow money to buy a house. This can lead to fewer people buying and prices dropping. 2. Oversupply of houses:If there are more houses on the market than buyers, prices will go down. This is...
BEIJING, Jan. 15 (Xinhua) -- China continued to see a generally stable housing market in December 2021, with home prices in 70 major cities showing slight month-on-month declines, official data showed Saturday. New home prices in four first-tier cities -- Beijing, Shanghai, Shenzhen and ...
The average home value in United States is $359,892, up 2.7% over the past year. Learn more about the United States housing market and real estate trends.
A record-high share of home sellers are dropping their prices after this month’s historic mortgage-rate hike put a damper on homebuyer activity. But there are early signs that demand is leveling off. More and more, home sellers are ceding to the mounting pressure on affordability posed by ...
Demand was so strong, and inventory so low, that at the height of the market some buyers waived home inspections and appraisals or paid hundreds of thousands over asking price. WHEN WILL US HOME PRICES FINALLY STOP DROPPING? Homebuyers — flush with stimulus cash and eager for more space duri...
After the global financial crisis, property prices rose in many countries and especially in advanced economies. For more than a decade after that, the housing market has been on an upward trajectory, culminating in the housing boom during the COVID-19 pandemic. However, housing shortages in ...