Housing Market
Coverage of Housing Market in the Nexus archive.
- ‘Absolutely bananas’: San Francisco homes sell for $1m above asking price amid AI boom
San Francisco homes are selling for over $1 million above asking price due to an AI boom driving increased wealth and competitive bidding. A Compass analysis found 140 homes sold with this price gap in the first half of 2026, including 44 in June alone.
- ‘Absolutely bananas’: San Francisco homes sell for $1m above asking price amid AI boom
San Francisco's AI boom has led to homes selling for over $1 million above asking prices, with 140 such sales in the first half of 2026. A Compass report highlights widespread overbidding in the city's scarce housing market.
- Bargain homes are to be had in New Zealand but here’s the catch: floods
New Zealand's flood-prone homes are outperforming the broader housing market, with properties facing high flood risk rising 26.1% in value since January 2020 compared to 19.8% for low-risk homes. Buyers are drawn by discounts of up to NZ$100,000 despite climate-related risks.
- Gen Z was ‘jaded about employment before we ever entered the workforce’—now psychologists say the stare has hardened into something worse
Gen Z's jaded view of employment, shaped by the Great Recession and current economic challenges like housing and job market barriers, has hardened into distrust. A SignalFire analysis shows entry-level hiring dropped over 50% from 2019-2024, while 57% of Gen Zers believe their generation faces financial failure.
- Hyderabad remains third least affordable housing market among top 8 cities: Knight Frank
Hyderabad ranks as the third least affordable housing market among the top eight cities according to Knight Frank. The report highlights the city's housing affordability challenges relative to other major urban centers.
- Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks
The average 30-year U.S. mortgage rate fell to 6.43%, its lowest level in seven weeks, while the 15-year rate also declined. The drop follows easing oil prices amid hopes of ending the U.S.-Iran war, though rates remain elevated compared to late February. Housing market activity remains subdued due to affordability challenges.
- Why Latinos are California’s best hope for a sane housing market
The article highlights that Latinos are considered California's best hope for addressing its housing crisis, which is ranked as the top concern by Californians. It criticizes Sacramento politicians for maintaining the current problematic housing situation.
- America's hottest housing market is a surprising East Coast city where 58% of homes sell above asking price
The article highlights an East Coast city as America's hottest housing market, where 58% of homes sell above asking price. The focus is on the competitive real estate conditions in this unnamed city.
- With more Charlotte homes on the market, buyers have more leverage
Charlotte's housing market is rebalancing with increased inventory, giving buyers more options and negotiation leverage. Condo and townhome inventory rose significantly, while single-family home prices increased slightly. Sellers face more competition but can still achieve strong returns with strategic pricing.
- Australia’s Housing Slump Wipes $128 Billion Off Top Two Markets
Australia's housing slump has erased $128 billion from the top two markets. The decline reflects a significant drop in property values in these key regions.
- Report: Va. housing market continues to grow steadily
Virginia's housing market is growing steadily compared to last year despite challenging mortgage rates, with experts predicting the trend will continue through summer, according to the May 2026 Virginia Home Sales Report by the Virginia Association of Realtors.
- Nashville homes selling faster than last year as market gains momentum, report says
Nashville home sales increased 5.6% year-over-year in May, with homes selling an average of 35 days, two days faster than the previous year. Active listings rose over 6%, and the average home price is $480,000. Debra Beagle of REMAX noted a healthier balance between buyers and sellers, creating opportunities for both.
- America's next real estate time bomb detonates the sun-kissed southern housing dream: 'New condo crisis' sparks chilling warning as it snakes across the nation
A 'new condo crisis' is emerging in the southern United States, described as a real estate 'time bomb' that is spreading nationwide. The situation has triggered warnings about the fragility of the sun-kissed southern housing market.
- A record 242 US cities now have starter homes that cost $1M
A record 242 U.S. cities now have starter homes priced at $1 million, according to a report. This reflects a significant rise in entry-level housing costs across the country.
- End of the road for 'Gazumping'? Starmer unveils radical overhaul of housing market as he tries to show he's still in charge of Government
UK Prime Minister Keir Starmer has introduced a radical overhaul of the housing market aimed at ending gazumping and demonstrating government control. The policy shift focuses on reforming practices to stabilize the market and address buyer concerns.
- Colorado Springs-area housing market gains momentum while prices remain stable
The Colorado Springs-area housing market showed increased activity in May with a 10% rise in single-family home sales in El Paso County compared to April. Prices remained stable year-over-year, and homes sold faster, though 44.2% of listings in El Paso County and 37.6% in Teller County saw price reductions. Scott Sufak of the Pikes Peak Association of REALTORS attributed the trends to seasonal factors rather than major market shifts.
- Will Beijing’s tighter capital-control rules dampen Hong Kong’s housing rebound?
Beijing's new capital-control measures may affect Hong Kong's housing market recovery. Hong Kong developers are showing caution in launching new projects, with mainland Chinese buyers accounting for about a third of home purchases in the city.
- Hong Kong developers rediscover pricing power amid firmer demand
Hong Kong developers have increased pricing for new homes in several districts by 7-36% compared to previous years, driven by robust demand. Prices for some new homes have rebounded by up to a third from the housing market's lowest level a few years ago, according to JLL data.
- Hong Kong developers rediscover pricing power amid firmer demand
Hong Kong developers have increased new home prices by 7-36% in areas like Tseung Kwan O, Wong Chuk Hang, and Tai Wai compared to previous years, driven by robust demand. Prices for some new homes have rebounded by up to a third from the housing market's lowest level a few years ago, according to JLL data.
- Australia news live: Richard Marles left adrift as UK counterpart quits hours before scheduled visit to naval yard
Australia's defense minister Richard Marles was left without a UK counterpart to meet after John Healey resigned hours before a planned visit to a naval yard. Treasurer Jim Chalmers defended his criticism of opposition leader Angus Taylor, arguing Taylor's privileged background makes him disconnected from housing market struggles.
- Housing market still 'fragile' as buyer demand, sales and prices slide amid rate hike fears
The housing market remains fragile with declining buyer demand, sales, and prices due to fears of interest rate hikes.
- ‘It’s the wealth effect’: Hong Kong luxury malls thrive amid IPO gains, housing recovery
Hong Kong's status as the world’s top cross-border wealth hub, alongside a recovering housing market and strong IPOs, is driving growth in luxury malls. High-end malls are seeing improved revenues and rents, with hard luxury and jewelry segments experiencing consecutive months of robust growth.
- Why half of London's small flats sell at a loss as the crash spreads
Half of London's small flats are selling at a loss as the housing market crash spreads. The decline indicates worsening conditions in the real estate sector.
- America's H-1B Housing Bust
The article discusses a housing market decline linked to H-1B visa holders in America. It highlights challenges in housing stability for individuals under this visa program.
- Home prices post record drop as buyers rush back into a suddenly ‘cheaper’ market
Home prices in the U.S. have recorded a record drop, leading buyers to return to a now cheaper housing market. A report from Realtor.com suggests the previously overheated housing market is cooling down.
- China’s housing market could have further to fall
China’s housing market may experience further declines. The article suggests that lower real estate prices are necessary to attract investors.
- Berkshire's bet on Taylor Morrison suggests the housing market may have bottomed
Analysts suggest the housing market may have bottomed following the deal between Berkshire Hathaway and Taylor Morrison. The partnership signals confidence in the real estate sector's recovery.
- Meredith Whitney Expects Worse Housing Market Than Last Year
Meredith Whitney predicts the housing market will perform worse this year compared to last year. The analysis focuses on market expectations and potential declines in housing conditions.
- Housing snapshot May 2026: Despite Iran war, home prices rise 0.3% in February-March
Despite the ongoing Iran war, home prices in Israel rose by 0.3% in February-March 2026, according to a report by The Times of Israel.
- Top housing boss warns it is the hardest time for first-time buyers since the 2008 financial crisis
The top housing official has warned that current conditions for first-time homebuyers are the most challenging since the 2008 financial crisis, highlighting a significant barrier in the housing market. This statement underscores growing concerns about affordability and accessibility in the real estate sector.
- First-time buyers drive house price growth as they shell out more for bigger homes
First-time buyers are contributing to house price growth by purchasing larger homes, indicating increased demand in the housing market. This trend suggests a shift in buyer preferences toward more spacious properties despite higher costs.
- What price victory? Ukraine on the front foot
The article discusses Ukraine's progress in its conflict, while also highlighting a podcast segment on Home Depot's role as a housing-market indicator and a cricket-bat supply-chain issue.
- Danish Central Bank Warns of Housing Risks as Price Gains Spread
The Danish Central Bank has issued a warning about risks in the housing market as residential property prices continue to rise rapidly. A 'Sold' sign in Copenhagen highlights the current trend of increasing demand and sales in the real estate sector.
- The hottest housing market in the US is a hardscrabble city that’s been shrinking for 75 years
In 2025, a shrinking US city saw 66% of homes sell above asking price, with 63% fewer homes for sale than pre-pandemic, driving up demand according to Zillow.
- Here's how mortgage rates changed in 2026 (and what could happen this June)
The article discusses how mortgage interest rates have changed throughout 2026 and explores potential rate movements expected in June. It provides analysis of mortgage rate trends to help readers understand current market conditions and future expectations.
- This is why you should care about the mansion tax... even if you don't have a £2million home, says HELEN CRANE
Helen Crane explains why the mansion tax is relevant to all homeowners, not just those with properties valued at £2 million or more. The article discusses the broader implications of this tax policy on the housing market and property owners across different price ranges.
- China looks for signs of optimism in its housing market
China's housing market shows mixed signals with home prices rising in major cities and fewer panic listings, leading some economists to predict a recovery later this year. However, others remain skeptical, arguing the uptick is temporary as China's economy faces challenges including high unemployment, slowing investment, and weak retail sales growth.
- Mortgage Rates Hit Highest Since August as War Fans Inflation
Mortgage rates have reached their highest levels since August, driven by inflationary pressures exacerbated by ongoing geopolitical conflict. The war's impact on global markets and supply chains is contributing to sustained inflation, which is reflected in rising borrowing costs for homebuyers.
- Home Buyers Hit as Bond Rout Drives Rates Higher
Bond market volatility is causing mortgage interest rates to rise, negatively impacting home buyers' ability to afford properties. The bond rout is driving up borrowing costs across the housing market, making homeownership less accessible for many prospective buyers.
- Mortgage rates jump to over 6.5% — the highest level since the Iran war started
Mortgage rates have surged to over 6.5%, reaching their highest level since the Iran war began. While this represents an eight-month high, rates remain lower than they were a year ago.