America’s largest real estate trade group
A UK-wide poll shows only a quarter of young people believe life will be better than their parents’, with rising unemployment, housing costs, and AI threats fuelling anxiety. Many fear democracy is under strain, while most still believe voting matters. Readers are urged to engage with the data and follow the sources for ongoing coverage.
Home prices in the UK have risen by 1.2% in May, with annual prices showing a North-South split. North and North East lead annual gains, while London and the Southeast see declines. Buyer activity remains strong with record buyer choice and high listings, though price realism remains crucial for quick sales.
A trend shows more millennials and Gen Z are negotiating prenuptial agreements earlier in relationships. Legal experts say early, clearly framed conversations about finances and future goals are becoming mainstream rather than taboo.
Zoopla finds a widening gap between house and flat prices since 2016, with houses up 43% and flats 10%, widening the house-to-flat ratio from 1.3x to 1.7x. Regional disparities are strongest in the Midlands and North, while Scotland remains stable. London shows a different pattern, with slower price growth.
Existing U.S. home sales have risen 3.2% in May to a seasonally adjusted annual rate of 4.17 million, beating expectations. Prices climb to a new high for the month at $429,300 while inventory edges up but remains well below pre-pandemic norms. First-time buyers regain share near 35%, while higher-end markets lead demand.
Fed minutes show policymakers are divided on whether to raise rates this year; markets are betting on a cautious path with speculation about AI inflation and Middle East tensions affecting decisions. Warsh has not provided a clear stand as minutes reflect a range of scenarios.
Prices have fallen across major Israeli cities amid war-related uncertainty. April data show a 19% drop in apartment transactions and a sharp decline in investor purchases, while foreign buyers led Jerusalem's 2025 acquisitions.
The government has proposed ending the affordable housing quotas for new developments of 10 to 49 homes to jumpstart housebuilding. The National Housing Federation warns this could cost up to 32,000 affordable homes over 10 years, hitting rural England hardest. Ministers say the aim is to simplify the process and speed up housing delivery.
Across multiple U.S. outlets, mortgage rates have climbed to 6.5%–6.6% range, contributing to ongoing affordability stress for homebuyers. Analysts link rate movements to inflation expectations and geopolitical tensions, while demand remains tepid amid limited housing supply.