Now that Housing Bubble #2 Is Bursting...How Low Will It Go?

02-27-2019 • lewrockwell.com, By Charles Hugh Smith

Unless the Fed is going to start buying millions of homes outright, prices are going to fall to what buyers can afford.

Now that Housing Bubble #2 Is Bursting...How Low Will It Go?

02-27-2019 • By Charles Hugh Smith OfTwoMinds.com

Unless the Fed is going to start buying millions of homes outright, prices are going to fall to what buyers can afford. There are two generalities that can be applied to all asset bubbles: 1. Bubbles inflate for longer and reach higher levels tha

US Housing Starts Crashed In December

02-26-2019 • https://www.zerohedge.com

After surging in November, housing starts and permits were expected to relapse in December following shutdown-delayed dismal data from the US housing market.

Existing Home Sales Down Again: -1.2% Month Over Month, -8.5% Year-Over-Year

02-21-2019 • moneymaven.io by Mike Mish Shedlock

Economists expected a small bounce in existing home sales. Once again, economists expectations weren't met.

Big Trouble in China Housing: Government Bans "Malicious" Price Cuts

02-19-2019 • https://www.zerohedge.com by Investing In Chinese

Pizhou, Fujian has a solution to falling home prices: ban them. They're not alone in using this strategy. Other cities have told developers to reverse price cuts and one went so far as to punish a developer's creditors.

$200 Million Ghost Town Of Castles, Created By Turkey's Recession

02-14-2019 • https://www.zerohedge.com

More than 500 hundred chateaux have been abandoned at the Burj Al Babas luxury housing development in Turkey after its developer filed for bankruptcy last November. The homes were crafted for wealthy Gulf investors in Turkey's northern Bolu provinc

West Coast real estate is now so expensive that married couples are moving in...

02-12-2019 • https://www.marketwatch.com, By CATEY HILL

West Coast real estate is now so expensive that married couples are moving in with multiple roommates

Oregon Defies Logic With Statewide Rent Control

02-05-2019 • https://www.zerohedge.com, By Tyler Durden

It is often said by cynical economists and political commentators, usually of the right or libertarian persuasion, that the road to hell is paved with good intentions.

Melbourne Housing Prices Plummet At Fastest Quarterly Pace Ever Recorded;

02-02-2019 • https://www.zerohedge.com, By Tyler Durden

Melbourne Housing Prices Plummet At Fastest Quarterly Pace Ever Recorded; Sydney Enters "New Territory"

Pending Home Sales Plunge, GDP Delayed, Jobs on Time

01-31-2019 • https://moneymaven.io, by Mike Mish Shedlock

Pending home sales in January plunged despite falling mortgage rates. The GDP report, due tomorrow will be delayed.

Pending Home Sales Plunge, GDP Delayed, Jobs on Time

01-31-2019 • https://moneymaven.io

Pending home sales in January plunged despite falling mortgage rates. The GDP report, due tomorrow will be delayed. The pending home sales index is a leading indicator of existing home sales (resales). The National Association of Realtors (NASR) d

"Yes, We're At The Bottom": Hamptons Home Sales Fall 35% As...

01-27-2019 • https://www.zerohedge.com, By Tyler Durden

"Yes, We're At The Bottom": Hamptons Home Sales Fall 35% As Owners Refuse To Cut Prices

Greenwich Home Prices Plunge 17% As Manhattan's Weakness Shifts To The Suburbs

01-19-2019 • https://www.zerohedge.com, By Tyler Durden

The slump in the upper tiers of the Manhattan real-estate market is already having a knock-on impact in some of the toniest tri-state area real-estate markets - most notably that of Greenwich, Conn., known for being a leafy suburban haven for hedge f

Exclusive: Julian Assange's Living Conditions Deteriorate - More Akin to Stasi-Era Dissident ...

01-11-2019 • https://www.thegatewaypundit.com

Than an Award-Winning Publisher With Asylum...Julian Assange's current living conditions in the Embassy of Ecuador in London are more akin to those of a political dissident in China or Stasi-era Germany -- not a journalist claiming political asylu

While U.S. Cities Hold Up New Housing, Hong Kong Entertains Creating New Islands

01-08-2019 • https://reason.com

The Hong Kong government has floated the idea of building four artificial islands which could house one million people.

'Worst Is Yet To Come' Says Housing Bear Who Nailed 2008 Crash, 2018 Slowdown

01-08-2019 • https://www.zerohedge.com by Tyler Durdan

Montana money manager James Stack - who predicted both the 2008 real estate crash and last year's housing slowdown, now says that 2019 may not be so great for housing bulls according to Bloomberg.

Venezuela Wants to Use Petro to Finance Large Housing Program

01-07-2019 • https://news.bitcoin.com

Completing a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to finance with its digital currency, the petro. The socialist government in Caracas says there is enough money and materials to ful

Global Housing Markets From Hong Kong To Sydney Join Global Rout

01-06-2019 • https://www.zerohedge.com, by Tyler Durden

It's not just stocks: the global housing market is in for a rough patch, which has turned ugly for many homeowners and investors from Vancouver to London, with markets in Singapore, Hong Kong, and Australia already showing increased signs of softenin

"A Perfect Storm": Manhattan Home Prices Fall Below $1 Million For First Time In Years

01-03-2019 • https://www.zerohedge.com, By Tyler Durden

The median price of a typical Manhattan apartment tumbled below $1 million for the first time in three years, according to a new housing survey, as the luxury real estate market continues to deteriorate.

A national housing crisis is brewing. What actions can policymakers take to head it off?

01-03-2019 • https://www.sfgate.com, Mark Zandi

Housing is sputtering. Home sales, home-building and homeownership have gone flat, and the rise in home prices threatens to stall out.

Southern California Home Sales Plunge 12% In November As Prices Peak

12-29-2018 • https://www.zerohedge.com by Tyler Durdan

Southern California home sales plunged in November from a year earlier, while prices increased at the slowest pace in three years amid a housing market slowdown, reported Los Angeles Times.

Pending Home Sales Crash 7.7%, Biggest Drop In Four Years

12-28-2018 • https://www.zerohedge.com

There was some hope for a rebound in US housing indicators, after the recent existing home sales print rebounded, but that was promptly dashed after pending home sales dropped again in November, sliding -0.7% vs the expected 1.0% increase, declining

Collapse In US Home Sales Confirms 'Peak Unaffordability'

12-26-2018 • https://www.zerohedge.com

Though some signs of softness are beginning to emerge in the US housing market as home sales slump and prices in the hottest, most high-end markets have fallen - a reaction to just how unaffordable home prices across America have become - in most mar

Homebuilder Optimism Collapses

12-18-2018 • https://www.zerohedge.com by Tyler Durdan

Upton Sinclair once noted: "It is difficult to get a man to understand something, when his salary depends on his not understanding it."

I Can't Afford to Live in this Private Community. And I Wish Everywhere Was Like This.

12-18-2018 • https://www.thedailybell.com

Private government is really nothing new. And I don't mean some arrangement between coercive government and "private" companies that make their money from government contracts.