House Prices

How to Help Your Home Recover From the Housing Bubble

If your home's value has not bounced back from the 2008 recession, it might just need a little boost.<p>The housing bubble may have burst years ago, but …

Home Improvement

Melbourne, Sydney home prices cool again

Melbourne and Sydney home prices edged lower again last week, further suggesting regulatory intervention is helping cool the country's two hottest …

Cost of Living

San Francisco's housing market may have peaked

The signs and numbers are already lining up.<p>According to Federal Housing Finance Agency data on our glorious Housing Bubble 2, house prices are doing what they’ve been doing for years: they’re surging. In the first quarter, they rose 6.0% year-over-year.<p>“The steep, multi-year rise in U.S. home …

Real Estate

U.S. home prices to rise at a strong pace on tight supply: Reuters poll

(Reuters) - U.S. home prices look poised to rise at a robust pace over the next few years, mainly because of a chronic shortage of houses and steady demand, a Reuters poll showed on Friday.<p>Still, a slim majority of analysts in the poll taken May 16-25 said the Trump administration should pursue …

Business

The fishing port where the catch is soaring house prices

<b>Previously known as the biggest shellfish port in Europe, the port of Fraserburgh in north-east Scotland now has another claim to fame.</b><p>Over the last decade, house prices here have risen faster than any other seaside town in Britain.<p>According to the Halifax, prices have nearly doubled, from an …

Cost of Living

UK cities' house price growth slows down

Average house price growth across the UK's biggest 20 cities has slowed down compared to last year as London and the South East continue to act as a …

Personal Finance (UK)

Now House Prices Are Being Cut in London Hotspots - Bloomberg

On the less fashionable fringes of London, home sellers are quickly finding out just what the market can bear.<p>Buyers fleeing the capital’s costly …

Business

What’s the weight of an average-priced Toronto home, in gold?

What's the weight of an average-priced Toronto home, in gold?

Real Estate

The great London property squeeze

As affordable housing in Britain’s capital is replaced by luxury towers, people on middle incomes are being priced out, while the poor are forced to pay extortionate rents for shocking conditions<p>The first time I met Ian Dick, the head of private housing at Newham council in east London, he took me …

Housing

Canada Banks See Mortgage Slowdown as Nation Taps Brakes

With four of Canada’s biggest banks reporting second-quarter results, the trend shows decelerating growth in home loan portfolios and, in some cases, …

Mortgages

Southern California Home Prices Near a 10-Year Record

Low inventory and mortgage rates continued to push up demand<p>The median sales price of a home in Southern California soared 6.2% in April to $485,000, …

Real Estate

Canada home prices not coming down yet thanks to low rates: Reuters poll

(Reuters) - Efforts to rein in Toronto's hot housing market and recent problems at mortgage lender Home Capital are unlikely to hurt Canada's national real estate market as low borrowing costs continue to stoke demand, according to a Reuters poll of analysts.<p>Matching British Columbia's move last …

Mortgages

There's a big divide in California's housing market

California's housing market is moving in two different directions.<p>Luxury homes in the first quarter sold at the fastest pace ever for the first three months of the year. But sales of houses priced under $500,000 fell to a nine-year low, according to a recent report from CoreLogic.<p>Wealthier buyers, …

Business

Canada's Best Cities For Jobs And Affordable Homes

It’s one of the conundrums of life in Canada today: There are plenty of places where you can buy an affordable home, just not ones with many jobs. …

Housing

Attom: Refinance originations fell to 10-year low in 1st quarter

Mortgage rates may sit at a yearly low right now, but earlier in the year rates sat well north of 4%, and that drove first-quarter refinance …

Mortgages

Ethics, Quants and Cold-Calling

Also Fannie Mae and Freddie Mac, worries about worries, and cod.<p><b>Ethics.</b><p>I used to be a lawyer, and lawyers have a code of ethics. Now I am a journalist, and journalists have a code of ethics. One thing that strikes me about these codes is that they are opposites. Oversimplifying massively, the basic …

Fannie Mae

UK needs to build more homes, loosen planning controls - Reuters poll

| LONDON<p>Britain's next government should loosen planning regulations and encourage more house building if it wants to tame price rises and make home ownership more affordable, nearly all the specialists polled by Reuters said.<p>A dearth of supply, a constant influx of foreign investors and a booming …

Brexit

Overhauling OMB means less affordable housing

The Ontario government has decided to reform the Ontario Municipal Board, a quasi-judicial body that adjudicates land-use planning disputes in …

Housing

All heck breaks loose in Toronto's housing bubble

During the first two weeks in May, according to preliminary data from Toronto Real Estate Board, home listings surged 47% from the same period last year even as sales plunged 16%. The average selling price dropped 3.3% from April – and this, after a 33% year-over-year spike in home prices in March …

Real Estate

Another Rate Hike Will Put The Nail In The Housing Coffin

New Home Sales, one of the strengths of the housing market, tumbled 11.4% month over month in April.<p>New Home Sales were 569,000 vs. expectations of …

Business

Brexit house prices: Phil Spencer predicts THIS will happen to Britain’s houses

EBAY/GETTYBrexit house prices: Phil Spencer reveals what he thinks will happen<p>According to property advice website Buy Association, the impact of the …

Real Estate

Home sales are happening on the shortest timeline ever recorded

Americans pulled back their pace of home-buying in April, as the shrinking number of houses for sale and rising prices are putting them in a bind as their options dwindle.<p>The National Assn. of Realtors said Wednesday that sales of existing homes declined 2.3% last month to a seasonally adjusted …

Business

Mr. Poloz, Toronto’s housing bubble ‘is not your problem’

Briefing highlights<p>What to expect from Poloz this morning<br>• BMO raises dividend as profit jumps<br>• Markets at a glance<br>• Quebec building sector hit by walkout<p>‘Not your problem’<p>Some observers have suggested Bank of Canada Governor Stephen Poloz raise interest rates to deflate Toronto’s housing bubble.<p>But, Mr. …

Mortgages

The great housing affordability crisis? It's 'horseshit', says property expert

Australia’s great housing affordability crisis is nothing but “horseshit”, according to a property analyst.<p>Speaking at an industry lunch in Brisbane …

Housing

Chinese investors pull out of Melbourne apartment market

Chinese investors are pulling out of Melbourne's apartment market, prompting a downturn.Key points:• Melbourne apartment market expected to face a …

Real Estate

Don't Believe 'Eerily Low' Inflation In Canada: National Bank

<b>This is how it's "understated."</b><p>We have long lamented the persistent understatement of soaring US housing costs in the Consumer Price Index, and thus …

Consumer Price Index

U.S. Home Prices Rose 6% in First Quarter as Supply Tightened - Bloomberg

Home prices in the U.S. increased 6 percent in the first quarter from a year earlier as competition heated up for a scarcity of listings.<p>Prices rose …

Business

10 things you need to know before the opening bell

Reuters/Yuri Gripas<p>Here is what you need to know.<p><b>Moody's downgrades China for the first time since 1989.</b> The ratings agency cut its China rating to A1 from Aa3, saying it "expects that economy-wide leverage will increase further over the coming years."<p><b>Iron ore got crushed.</b> The commodity tumbled by …

Business

Investors are exploiting returns on debt financing to muscle out home buyers

Investors have played an increasingly important role in the Australian housing market in recent years. Our new, yet-to-be-published research shows …

Housing

Millennials' spending habits the same as baby boomers

As the financial battle lines between millennials and baby boomers continue to be drawn over brunch, a national survey has shown that when it comes …

Millennials