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Canada Opens Mortgage Market to 30-Year Loans for Homebuyers

Canada will relax the rules on mortgages to allow first-time buyers to take out 30-year loans when they purchase newly built homes. ....

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Analysis - Supply still matters: Why US housing inflation relief may be short-lived

U.S. Federal Reserve officials say they are confident housing inflation will finally cool in coming months, a key and long-awaited component of their effort to control overall price increases and secure their turn to interest rate cuts. The real challenge on that front, however, may be just over the horizon when a pipeline of new apartments starts to run dry while the stock of single-family homes remains short, a recipe for future price pressure in a category accounting for about a third of the Consumer Price Index. Though their 2% inflation target uses an index that is less sensitive to shelter costs, Fed officials still see housing and rent dynamics as an important, unresolved part of their inflation battle, one that could highlight one of the inherent tensions in today's tight-credit policy stance. ....

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Cincinnati area rents stabilizing as thousands of new apartments come online

The pace of rent hikes in the Cincinnati area has begun to slow thanks to recently opened apartment buildings giving renters more options. ....

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After 7 years, Green Bay's Shipyard area plans advance. Here's the latest on the redevelopment

Merge Urban Development's first phase of apartment construction advances to the Green Bay City Council; public improvements continue along Fox River. ....

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7 housing predictions for 2024

Housing prices and mortgages rates are both expected to decrease in 2024. Deseret News checked out housing and rental market predictions from Realtor.com, Zillow, Forbes and Redfin to identify potential trends in the housing market, from rentals to sales, including both new and existing housing. ....

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