Real Estate
Find the latest updates on home prices, mortgage rates, loan refinancing on The Epoch Times | Read headlines covering the housing market, home sale tips
Real Estate | LATEST STORIES
After Near-300 Day Standoff, Greens Finally Agree to Labor’s Housing Bills
The Help to Buy scheme is a shared equity proposal where the government will pay 30 percent of an existing home.
More Than 1 in 5 Renters Use Their Entire Paycheck to Pay Rent: Survey
About 13 percent of U.S. renters reported withdrawing money from retirement funds to cover rent.
NYC Signs Labor Agreements Covering $1 Billion in Capital Projects
The Project Labor Agreements enable the city to use design-build delivery for capital construction projects.
Existing Home Sales Log First Year-Over-Year Increase in More Than 3 Years
The increase in sales was quickly followed by a rise in mortgage rates and diminishing demand.
US Home Prices Maintain Upward Trend
Low inventories and expectations that mortgage rates could go lower are supporting market demand and pushing up prices.
Some Americans Say They Skipped Meals to Afford Housing Payment: Report
A typical household spends nearly 40 percent of its income on mortgage payments.
Big Jump in Homebuilder Sales Expectations on Hopes of New Regulatory Relief: NAHB
Builders expressed confidence that a Republican trifecta in Washington will boost the housing market by delivering regulatory relief.
US Existing Home Sales See Largest Monthly Gain in Nearly 3 Years
Pending transactions jumped in September, with many finalized in October, thereby boosting existing home sales numbers.
US Households Must Earn Nearly $108,000 to Afford a Median-Priced Home: Report
California accounted for four of the top five least affordable metros: San Jose, Los Angeles, San Diego, and San Francisco.
Nationwide Rents Remain Flat in October: Report
Virginia Beach and Washington saw the largest increases at more than 11 percent.
NAR Predicts 2025 Home Sales Will Grow by 9 Percent
Almost 90 percent of U.S. metro home prices swelled in the third quarter.
Mortgage Rates Climb Again, Pushing Homebuyers to the Sidelines: Freddie Mac
Refinance activity has also taken a significant hit as rates have risen.
Number of US Renter Households Growing Faster Than Homeowner Households
‘Renting is increasingly the only viable choice for many young people and families,’ Redfin senior economist Sheharyar Bokhari said.
Average House Prices Reach Record High in October: Halifax
Real estate experts have warned that government policies, such as higher stamp duty for second home buyers, may have an impact on demand.
Mortgage Refinance Demand Plunges 19 Percent as Rates Rise to Highest Level Since July
Mortgage activity fell sharply last week as mortgage rates climbed to their highest levels in months.
Homeowership Rates Remain Stable in United States: Report
The rental vacancy rates have gone up to the highest rate in five years.
US Zombie Foreclosures Drop Sharply, ‘Little or No Impact’ on Housing Markets: Report
‘With housing inventory back to early 2020 levels, first-time homebuyers should have plenty of options,’ the report states.
Homebuyers Lose $33,250 in Purchasing Power as Mortgage Rates Exceed 7 Percent: Report
Mortgage applications have declined by 27 percent amid rising rates.
New Trends in Single-Family Home Rentals Go Upscale
Today’s renters want more square footage, outdoor space, and parking.
30-Year Mortgage Rate Edges Toward 7 Percent: Freddie Mac
Rising Treasury yields are sending mortgage rates to summertime highs.
