Home buyers becoming more ‘price sensitive’, says property website
2 weeks, 3 days ago

Home buyers becoming more ‘price sensitive’, says property website

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Home buyers are becoming more “price sensitive”, with the gap between asking and selling prices widening, according to an index. There is a sizable pipeline of sales that will complete in the first half of 2025 Richard Donnell, Zoopla Despite heightened price sensitivity, Zoopla said that the volume of agreed sales is 30% higher than a year ago. Richard Donnell, executive director at Zoopla, said: “Buyers and sellers returned to the housing market in 2024 having delayed moves in the face of higher mortgage rates. “More sales have supported a return to house price growth across the country but home buyers have become more price sensitive in recent weeks as mortgage rates drift higher.” He predicted: “Affordability constraints will keep the pace of house price growth in check over 2025 but there will be enough price inflation to support 5% more home moves.”

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History of this topic

New Zealand House Prices Tipped to Show Modest Gains in 2025
1 day, 8 hours ago

New Zealand House Prices Tipped to Show Modest Gains in 2025

Live Mint  

-- New Zealand house prices may show a modest recovery this year after failing to respond to falling interest rates in the final months of 2024, according to CoreLogic New Zealand. “We suspect that 2025 could prove to be a year of conflicting forces for New Zealand’s housing market with the net result being a relatively subdued upturn in sales …

Homeowners have no incentive to sell. Here’s why
1 week, 3 days ago

Homeowners have no incentive to sell. Here’s why

CNN  

CNN — This year, America’s once-in-a-generation housing slump deepened — but 2025 may not see much improvement. Here’s what economists expect of the housing market in 2025: Homeowners are still locked in The US housing market is on track for its worst sales year in nearly three decades, according to NAR data. “It’s become more of a buyer’s market this …

Will house prices go up in 2025? Six property experts give their verdict
1 week, 5 days ago

Will house prices go up in 2025? Six property experts give their verdict

Daily Mail  

They also reveal their property hotspots - and not-spots - for next year House prices are not just a popular conservation topic, but a British obsession. Paula Higgins, chief executive of HomeOwners Alliance Last year's prediction: +2% Prediction for 2025: +4% I am predicting house prices to continue a steady climb through 2025 increasing by 4 per cent across the …

What’s really behind the surprise surge in house prices?
1 month ago

What’s really behind the surprise surge in house prices?

The Independent  

Sorry to make a soggy start to the week even more miserable, but it brings bad news for homebuyers. Nationwide recently trumpeted itself as the “first major lender to offer first-time buyers ability to borrow six times income, up to 95 per cent loan-to-value”. “The acceleration in house price growth is surprising, since affordability remains stretched by historic standards, with …

House prices rise just 0.1 per cent in weakest result since January 2023, CoreLogic data shows
1 month, 1 week ago

House prices rise just 0.1 per cent in weakest result since January 2023, CoreLogic data shows

ABC  

National home prices are losing momentum and anticipated interest rate cuts are unlikely to stop falls in house prices next year. New CoreLogic data shows house prices increased 0.1 per cent nationally in the last month of spring — the weakest Australia-wide result since January 2023. Brett D'Souza says he "made mistakes" when he tried to sell his home without …

How to boost the chances of selling your home before Christmas
1 month, 2 weeks ago

How to boost the chances of selling your home before Christmas

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Tim Bannister, Rightmove’s property expert says: “Setting the right …

Mortgage pain fuels highest rise in home ownership costs in 30 years
1 month, 2 weeks ago

Mortgage pain fuels highest rise in home ownership costs in 30 years

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Soaring monthly mortgage payments are …

Average house price falls by thousands in November
1 month, 3 weeks ago

Average house price falls by thousands in November

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The usual drop seen at this time of year is 0.8 per cent and …

Average price tag on a home falls by more than £5,000 in November
1 month, 3 weeks ago

Average price tag on a home falls by more than £5,000 in November

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Tim Bannister Rightmove’s director of property science said: “The …

Number of house sales in pipeline at highest in four years, says Zoopla
2 months, 1 week ago

Number of house sales in pipeline at highest in four years, says Zoopla

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy An estimated £113 billion-worth of …

‘Buyers’ market’ as property asking prices rise more slowly than usual
2 months, 2 weeks ago

‘Buyers’ market’ as property asking prices rise more slowly than usual

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Tim Bannister, Rightmove’s director of property science said: “This …

Number of house sales being agreed is 25% higher than a year ago, says Zoopla
3 months ago

Number of house sales being agreed is 25% higher than a year ago, says Zoopla

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Market activity is up across the board and expectations …

Number of house sales was 5% higher in August than a year earlier
3 months, 1 week ago

Number of house sales was 5% higher in August than a year earlier

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Holly Tomlinson, a financial planner at wealth manager Quilter …

US home sales fell in August despite easing mortgage rates, more homes on the market
3 months, 2 weeks ago

US home sales fell in August despite easing mortgage rates, more homes on the market

Hindustan Times  

LOS ANGELES — Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market continued to rise. Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased …

Mortgage rates finally fall for first-time buyers – best deals compared
3 months, 3 weeks ago

Mortgage rates finally fall for first-time buyers – best deals compared

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} First-time home buyers …

Homes with asking price reductions take twice as long to sell, says Zoopla
4 months, 1 week ago

Homes with asking price reductions take twice as long to sell, says Zoopla

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy House sellers who end up …

The cities where homeowners are most likely to have seen their property value rise or fall
5 months, 3 weeks ago

The cities where homeowners are most likely to have seen their property value rise or fall

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. While around just under seven million homes have Towns and cities in northern England …

The US housing slump deepened this spring. Where does that leave home shoppers and sellers?
6 months ago

The US housing slump deepened this spring. Where does that leave home shoppers and sellers?

Associated Press  

LOS ANGELES — The housing market shows few signs of busting out of its three-year funk after a disappointing spring season and amid a gloomy outlook for the summer and fall. The weak spring sales are a reflection of the affordability challenges many home shoppers face: the average rate on a 30-year mortgage rate is moored near 7%; the supply …

Real estate expert predicts huge changes in the housing market: 'Things are really breaking down'
6 months, 1 week ago

Real estate expert predicts huge changes in the housing market: 'Things are really breaking down'

Daily Mail  

America's real estate market could be heading for a significant correction. Veteran strategist Chris Vermeulen, of The Technical Traders, believes he is witnessing troubling signals in the market, noting how borrowing costs are expected to remain high for an extended period. Despite a recent stabilization in building activity, driven by increased investment, Vermeulen believes the real estate market is still …

House prices likely to rise more slowly than household incomes, says Zoopla
6 months, 1 week ago

House prices likely to rise more slowly than household incomes, says Zoopla

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “We expect house price inflation to remain muted, likely …

Market for newly built homes slows as elevated mortgage rates put off many home shoppers
6 months, 1 week ago

Market for newly built homes slows as elevated mortgage rates put off many home shoppers

Associated Press  

LOS ANGELES — Homebuilders who bucked the worst of last year’s housing slump may be seeing their luck run out. The recent slowdown in new home sales marks a shift from last year, when sales rose nationally for the first time in two years, climbing 4.2% from a year earlier. As last year, homebuilders have lowered prices and offered incentives …

US home sales fall for the 3rd straight month in May amid rising mortgage rates, record-high prices
6 months, 2 weeks ago

US home sales fall for the 3rd straight month in May amid rising mortgage rates, record-high prices

Associated Press  

LOS ANGELES — Sales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage rates and record-high prices discouraged many prospective homebuyers during what’s traditionally the housing market’s busiest period of the year. “We had low home sales activity, prices are hitting record highs and homes look like they’re still getting multiple offers.” The …

U.S. existing home sales drop 1.9% in April, pushed lower by high rates and high prices
7 months, 2 weeks ago

U.S. existing home sales drop 1.9% in April, pushed lower by high rates and high prices

Associated Press  

WASHINGTON — High mortgage rates and rising prices continued to put a damper on the spring homebuying season last month. Existing home sales fell 1.9% to a seasonally adjusted annual rate of 4.14 million in April from a revised 4.22 million in March, the National Association of Realtors reported Wednesday. Homeowners have hesitated to put their houses on the market …

Taylor Wimpey says housing market stabilising but sales rate dip posted
8 months, 2 weeks ago

Taylor Wimpey says housing market stabilising but sales rate dip posted

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Taylor Wimpey has said it …

Mortgage approvals for house purchase and property sales increased in January
10 months, 1 week ago

Mortgage approvals for house purchase and property sales increased in January

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. It’s not …

Home sales rose in January as easing mortgage rates, more homes for sale enticed homebuyers
10 months, 2 weeks ago

Home sales rose in January as easing mortgage rates, more homes for sale enticed homebuyers

Associated Press  

LOS ANGELES — Sales of previously occupied U.S. homes rose in January as homebuyers were encouraged by easing mortgage rates and a modest pickup in properties on the market. Existing home sales rose 3.1% last month from December to a seasonally adjusted annual rate of 4 million, the National Association of Realtors said Thursday. “While home sales remain sizably lower …

Properties are selling for less than expected as the number of home sales continues to fall
11 months, 1 week ago

Properties are selling for less than expected as the number of home sales continues to fall

Daily Mail  

There was also a 31 per cent decrease in the number of buyers registered Report revealed a 28 per cent drop in the number of new properties for sale Propertymark has issued its latest report into the state of the housing market The number of property sales continued to fall at the end of last year, while more properties are …

London leads rebound in home buyer demand as 2024 gets under way, says Zoopla
11 months, 1 week ago

London leads rebound in home buyer demand as 2024 gets under way, says Zoopla

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Meanwhile, they are …

Homeowners set to benefit from mortgage price wars, experts say
1 year ago

Homeowners set to benefit from mortgage price wars, experts say

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery First-time buyers were advised to grab good deals as soon …

Squeeze on home buyers’ budgets set to continue into 2024, say experts
1 year ago

Squeeze on home buyers’ budgets set to continue into 2024, say experts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Overall, we predict a modest average fall of 1% …

£18,000 typically ‘shaved off’ asking prices to achieve house sales – Zoopla
1 year, 1 month ago

£18,000 typically ‘shaved off’ asking prices to achieve house sales – Zoopla

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Zoopla, which released the figures, said they are further …

Why you SHOULD purchase a home this fall: Buyers facing a 'sweet spot' in the market as 9.2 percent of sellers are cutting prices
1 year, 3 months ago

Why you SHOULD purchase a home this fall: Buyers facing a 'sweet spot' in the market as 9.2 percent of sellers are cutting prices

Daily Mail  

But the number of sellers cutting prices has reached their highest level this year Homebuyers are facing a market 'sweet spot' this fall as the number of sellers cutting prices has reached their highest level this year, a new report claims. Zillow senior economist Jeff Tucker wrote in a report: 'For determined buyers, with enough budget room to accommodate the …

Have home prices bottomed? While low housing inventory stymies sales, bidding wars prop up prices
1 year, 4 months ago

Have home prices bottomed? While low housing inventory stymies sales, bidding wars prop up prices

Associated Press  

LOS ANGELES — The U.S. housing market remains in a deep sales slump, but the worst declines may be over when it comes to home prices. If mortgage rates remain elevated and inventory continues rising, the combination could weigh on home prices and cause the national median sales price to dip this fall, said Lisa Sturtevant, chief economist at Bright …

Rents set to continue rising sharply despite cost-of-living squeeze, experts say
1 year, 4 months ago

Rents set to continue rising sharply despite cost-of-living squeeze, experts say

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. A net balance of 63 per cent of professionals expect rental prices to increase …

Housing markets where homes cost over £300,000 ‘more exposed to price falls’
1 year, 5 months ago

Housing markets where homes cost over £300,000 ‘more exposed to price falls’

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. “The more …

Home sales in June fell to the slowest pace since January with near-historic low inventory for sale
1 year, 5 months ago

Home sales in June fell to the slowest pace since January with near-historic low inventory for sale

Associated Press  

LOS ANGELES — Sales of previously occupied U.S. homes fell in June to the slowest pace since January, as a near-historic low number of homes for sale and rising mortgage rates kept many would-be homebuyers on the sidelines. The national median sales price fell on an annual basis for the fifth month in a row, though fierce competition led to …

House prices fall at fastest annual rate in 12 years as mortgage rates soar
1 year, 6 months ago

House prices fall at fastest annual rate in 12 years as mortgage rates soar

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. With markets now forecasting a peak in bank rate …

Buying or selling? How to deal with rising mortgage rates and falling house prices
1 year, 6 months ago

Buying or selling? How to deal with rising mortgage rates and falling house prices

The Independent  

For millions of Britons who had plans to move house or get on the property ladder this year, the latest mortgage misery coupled with the cost of living crisis makes paints a grim picture. Ross Lacey, director and chartered financial planner at Fairview Financial Management, said: “As a homeowner, if you want to move then even if your property price …

Sellers are accepting bigger discounts as house prices slow
1 year, 6 months ago

Sellers are accepting bigger discounts as house prices slow

Daily Mail  

House price growth slowed down further in June, as soaring mortgage rates hit buying power and sellers accepted larger discounts to shift their homes. Slowdown: Higher mortgage rates are set to hit buying power in the coming months Around 15 per cent are accepting even greater discounts of more than 10 per cent below the asking price. Zoopla believes house …

May home sales rise with near record-few on the market and biggest annual price drop since 2011
1 year, 6 months ago

May home sales rise with near record-few on the market and biggest annual price drop since 2011

Associated Press  

LOS ANGELES — Sales of previously occupied U.S. homes edged higher in May and the national median sale price posted its biggest annual drop in more than a decade, as a near all-time low supply of available properties constrained the housing market. Existing home sales rose 0.2% last month from April to a seasonally adjusted annual rate of 4.3 million, …

One in nine homes listed for sale has previously been rented out – Zoopla
1 year, 7 months ago

One in nine homes listed for sale has previously been rented out – Zoopla

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. “However, this …

Looking for a house? High mortgages, few homes lead to biggest annual price drop in 11 years
1 year, 7 months ago

Looking for a house? High mortgages, few homes lead to biggest annual price drop in 11 years

Associated Press  

LOS ANGELES — A persistently low inventory of homes on the market held back U.S. home sales again in April, even as the national median sale price posted its biggest annual drop in 11 years. Existing home sales fell 3.4% in April from March to a seasonally adjusted annual rate of 4.28 million, the National Association of Realtors said Thursday. …

Mortgage approvals for house purchase drop to lowest levels since May 2020
1 year, 11 months ago

Mortgage approvals for house purchase drop to lowest levels since May 2020

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. The traditional …

Home buyers’ preferences shifting towards flats as living costs rise – index
1 year, 11 months ago

Home buyers’ preferences shifting towards flats as living costs rise – index

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. With mortgage …

Mortgage approvals fall to lowest level since Covid hit
2 years, 1 month ago

Mortgage approvals fall to lowest level since Covid hit

The Telegraph  

The mortgage market chaos following Liz Truss's mini-Budget pushed down approvals for home loans to their lowest level in more than two years in October. The figures cover the period immediately after Kwasi Kwarteng delivered the mini-Budget when lenders withdrew hundreds of mortgage products and rates were pushed up in response to expectations for aggressive Bank of England action. Forecasters …

Homes ‘selling for 3% below asking price on average’
2 years, 1 month ago

Homes ‘selling for 3% below asking price on average’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “It’s important sellers who want to achieve a sale …

Surge in renters as would-be homebuyers put purchases on hold
2 years, 1 month ago

Surge in renters as would-be homebuyers put purchases on hold

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Bank of England base rate hikes are also pushing …

House prices expected to fall by 9% over next two years, says OBR
2 years, 1 month ago

House prices expected to fall by 9% over next two years, says OBR

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The economic and fiscal outlook was released as Chancellor …

Americans sour on homeownership: just one in five says they could easily buy a home
2 years, 2 months ago

Americans sour on homeownership: just one in five says they could easily buy a home

Daily Mail  

Only one in five Americans say they would be able to buy a home in the coming years without much difficulty — the latest sign of a turbulent property market, high mortgage rates and fears of economic malaise. ‘But high prices driven by a persistent lack of supply have a large share of would-be homeowners doubtful of their ability to …

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