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Builder Confidence Uptick Signals Turning Point for Housing Lies Ahead

Builder Confidence Uptick Signals Turning Point for Housing Lies Ahead

by Third Party | Jan 20, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, Uncategorized

Source: NAHB —  A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in bearish territory as builders continue to grapple with elevated construction costs, building...
US Housing Will Be a Bellwether 2023 Market

US Housing Will Be a Bellwether 2023 Market

by Third Party | Jan 20, 2023 | Real Estate News, U.S. Housing Market

Source: MacroHive —  Summary The US housing market is poised for a tough couple of years. A mix of challenging supply/demand dynamics, combined with stretched affordability and deteriorating sentiment, will weigh on the market. Introduction US housing is one of...
The Year of the Buyer: Canada’s Luxury Real Estate Market Shifts in Favour of Buyers as Opportunities Emerge Post-Pandemic

The Year of the Buyer: Canada’s Luxury Real Estate Market Shifts in Favour of Buyers as Opportunities Emerge Post-Pandemic

by Third Party | Jan 20, 2023 | Industry Updates, International Real Estate News, Uncategorized

Source: Globe Newswire —  TORONTO, Jan. 18, 2023 (GLOBE NEWSWIRE) — Following an era of exorbitant hyperinflation in Canadian luxury real estate, new post-pandemic benchmarks were established in 2022 as the housing market responded to a cascade of...
Homebuilders may finally be turning a corner as inflation stabilizes and lower mortgage rates bring buyers back into the market

Homebuilders may finally be turning a corner as inflation stabilizes and lower mortgage rates bring buyers back into the market

by Third Party | Jan 20, 2023 | Real Estate News, U.S. Housing Market

Source: Insider —  The home buying frenzy that took place throughout much of the pandemic drove the nation’s home prices to historic highs, further escalating the country’s ongoing housing shortage and affordability crisis.  But as inflation...
Why US home prices will fall another 10 percent, according to Harvard economist

Why US home prices will fall another 10 percent, according to Harvard economist

by Third Party | Jan 20, 2023 | Real Estate News, U.S. Housing Market

Source: New York Post —  Pain across the US housing market that began last year is likely just getting started if interest rates remain high, star economist Ken Rogoff warned on Tuesday. Rogoff, a professor at Harvard University and former top economist at the...
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