Housing affordability

With housing affordability still a prominent hurdle to homeownership, prospective buyers — especially millennials — now get creative in order to find suitable homes, according to Chase and the Property Brothers.

Vancouver home sales rebounded 46% in September in a sign that Canada's most expensive home market may be finding its feet following a policy-driven downturn.

Millennials — now more than ever — dictate the direction the housing market is moving in, and with the deceleration of starter home prices, more should become homeowners soon, according to CoreLogic.

Home prices have more than recovered since the recession, but higher-than-ever medical and student debt is robbing many homeowners from realizing the benefits, while keeping others away from the market, according to Zillow.

Realtors and community leaders are hailing a new milestone for the Rockford, Ill., area housing market.

As the affordable housing crisis comes to a head, the Mortgage Bankers Association put up opposition to the "not in my backyard" mindset by getting behind the Yes, In My Backyard bill introduced in the House of Representatives.

The switch to a buyer's home purchase market, as well as fewer natural disasters helped drive the five-month-long decline in mortgage application fraud risk, First American said.

Rising home prices are likely to constrain affordability for some time to come, with only the current low mortgage interest rate environment softening the blow, Attom Data Solutions said.

Home-price gains in 20 U.S. cities decelerated in July for a 16th straight month, as values proved still too elevated for buyers despite low mortgage rates.

From Manhattan to Denver, here's a look at 12 housing markets with the highest monthly rent, making home buying potentially more attractive to consumers.

The FHFA can go beyond a recent Trump administration report to level the playing field between the private sector and Fannie Mae and Freddie Mac.

Property values recovered, and in some cases even surpassed housing bubble peaks, but the same can't be said for waning new construction activity, which won't return to historic norms for years, according to Zillow.

With the ongoing issue of the affordable housing crisis, the Mortgage Bankers Association got behind the Build More Housing Near Transit Act, a bipartisan bill introduced in the House of Representatives.

The Federal Housing Finance Agency is revising the multifamily loan purchase caps for the mortgage giants Fannie Mae and Freddie Mac to increase affordable housing.

The use of state housing finance agency down payment assistance programs is part of the solution to address the growing affordable housing gap, a Fitch Ratings report said.

Mortgage rates fell to lows not seen October 2016, affected by concerns over manufacturing and the ongoing trade war with China, according to Freddie Mac.

The industry has taken some steps to lower barriers to affordable housing, but some observers say that more can be done.

Strong home purchase activity — especially by millennials — pushed up annual price appreciation in July after a disappointing June, according to CoreLogic.

Soaring home prices are pushing homebuyers out of walkable neighborhoods into those that are more car-dependent, Redfin said.

Contract signings to purchase previously owned homes fell in July by the most since early 2018, indicating a pause in buyer interest even against a backdrop of falling mortgage rates, a firm job market and steady income gains.