Housing

Canada home prices slide again as snowstorm chills buying

The benchmark price dropped by 5% from January 2025

The stronger construction numbers suggest that builders were growing more confident at year’s end even as they continued to sell off a bloated inventory of new houses.

US housing starts rise to five-month high in broad increase

Advance is broad-based, with both single-family home starts and apartment projects rising at year’s end

Tracking the growth in private home prices against household market income shows that the exuberance in the housing market is not irrational.
THE LEVEL GROUND

Market income supports home affordability, but ensuring prices grow in line with wages still matters

Should the HDB income ceiling account for non-employment income as well?

Prices showed no change in monthly and annual terms, Rightmove said, after reporting a record 2.8 per cent monthly rise and a 0.5 per cent annual increase for the five weeks to Jan 10.

UK property asking prices hold steady after post-Budget jump, Rightmove says

The number of homes for sale was at an 11-year high for the time of year

Seasonally adjusted median house prices fell 1.2 per cent from December, but nudged 0.4 per cent higher on the previous year, REINZ data showed.

New Zealand home prices dip in January, holiday lull hits demand

[SYDNEY] New Zealand home prices dipped in January as seasonal holiday patterns dampened demand and unusual severe weather across parts of the North Island disrupted activity, the Real Estate Institut...

Beijing city has further relaxed rules for non-resident homebuyers in December.

China resale home prices fall at slower pace in positive sign

Prices in 70 cities drop 0.5% in January from December, according to National Bureau of Statistics data

Analysts say the involvement of state firms may cushion the pace of further home price falls and ease the drag that the property slump has had on China’s economic growth since 2021.

State firms in China buy foreclosed properties to slow downturn

State-firm purchases can partly compensate for weak private demand and ease supply pressure on prices

One emerging bright spot for the housing market is signs of improving affordability, with mortgage rates receding recently, along with price growth.

US home resales fall most in four years despite lower rates

Without an extended period of improved affordability, the recovery in the housing market is likely to be prolonged

Many Americans struggle to buy homes amid high mortgage rates, rising prices, and a shortage of affordable new construction.

Trump decries a ‘nation of renters’ but his new policy promotes one

Trump’s executive order barring big investors from buying single-family homes exempts build-to-rent

Across the UK as a whole, RICS said new buyer enquiries improved in January, alongside agreed sales.

London’s house price slump to bottom out, RICS survey says

The monthly study is closely watched for indications of where the UK property market might be heading