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Housing market

Housing market

Mortgage rates are declining, but buyers still need some coaxing to get back into the market. Signs in the market have analysts suggesting the worst of the current mortgage cycle may be behind us in 2024.
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    Business
    Bloomberg

    UK House Prices Stagnate in April as Mortgage Costs Climb

    (Bloomberg) -- UK house prices barely rose in April, according to Halifax, adding to evidence of a property market facing headwinds from rising mortgage rates. Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’Russians Are Coming to Terms With Putin’s War in UkraineAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeThey gained just 0.1% after a 0.9% drop in March, the mortgage lender said in

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    Business
    Bloomberg

    China Rally on Housing Plan Sparks Scramble to Decrypt Details

    (Bloomberg) -- China’s cryptic hints at a plan to address its property market woes have buoyed investors. But economists want more details before buying into the recovery story.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’Russians Are Coming to Terms With Putin’s War in UkraineAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeThe ruling Communist Party last week hinted at interest-rate

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    Business
    HousingWire

    Warren Buffett: Real estate agent commission structure “has worked out very well”

    "People do negotiate down commissions to some extent, but I can tell you, I’ve looked at the figures and I think the system has really worked out very well," Buffett told shareholders on Saturday.