Compass hires top economist to enhance housing market analytics for agents and clients. Focus on real-time data, market reports, and empowering agents with first-rate market intelligence.
Housing market sees rising inventory, buyer hesitancy, and sellers adjusting expectations. Home prices remain stable, but price cuts are increasing. Market shifting towards buyers in some regions.
Canadian interest in US homes is declining, with searches down across the board. Economic factors & US policies contribute. Impacting snowbird destinations like Florida. Canadian market is also weak.
Builder confidence is declining due to rising mortgage rates and economic uncertainty. Housing permits are down, especially in the South and West, signaling a potential market slowdown. Price cuts are increasing.
Mortgage rates fluctuate around 6.84%. Affordability remains a challenge. Buyers should negotiate deals as sellers offer concessions below asking prices. Economic uncertainty impacts the housing market.
Small real estate investors are increasingly shaping the housing market. While overall investor activity saw modest growth, their market share surged due to decreased buyer activity and affordable housing opportunities in 2024.
Consumer buying sentiment is up as housing inventory improves. Despite income dips and high mortgage rates, more consumers see it as a good time to buy, with improved outlooks on home prices and job security.
Inflation and high mortgage rates impact the housing market. Experts discuss potential rate cuts, wage growth surpassing inflation, and the need to control costs amid economic uncertainty. Housing shortages persist.
The housing market faces challenges with slowing construction, economic uncertainty, and fluctuating mortgage rates. Luxury homes remain strong, but overall mortgage activity is down significantly. New listings show mixed signals.
UK home sales hit a 4-year high, driven by adjusted lending & affordability in the North. Sellers reduce prices. Zoopla data reveals regional price growth variations.
UK housing market faces stamp duty changes impacting novice buyers. Rising inflation may curb price growth. North East sees highest price inflation. Affordability remains a key challenge for property purchases.
New home sales surged in March, reaching a peak since September 2024, driven by lower prices and mortgage rates. Sales increased 7.4% from February and 6% year-over-year, with cheaper homes fueling the market.
