Latest news with #HousingMarket
Yahoo
3 days ago
- Business
- Yahoo
UK property asking prices fall faster than usual in July
Property asking prices fell in July, marking the steepest monthly decline for this time of year, driven by high competition for buyers with
Bloomberg
10-07-2025
- Business
- Bloomberg
US Mortgage Rates Climb After Five Straight Weeks of Declines
Mortgage rates in the US rose for the first time in six weeks. The average for 30-year, fixed loans was 6.72%, up from 6.67% last week, Freddie Mac said in a statement.
Yahoo
08-07-2025
- Business
- Yahoo
Questex Strengthens Operational Real Estate Platform Through Acquisition, Expanding Strategic Growth and Market Leadership in the Built Environment
NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- Questex, a leading authority in the operational real estate investment sector, today announces the acquisition of the event and media assets of Affordable Housing Finance and Multifamily Executive. This move reinforces the company's aggressive growth strategy and positions it to capitalize on rising market demand across the built environment. The acquisition significantly expands Questex's real estate portfolio extending its global hospitality real estate presence into the U.S. affordable housing and multi-family markets, which are projecting growth over the next several years, driven by sustained demand, demographic shifts, and public-private investment initiatives. The acquisition supports Questex's overarching growth strategy, which focuses on both organic and strategic expansion within fast-evolving, high-growth industries. There is a nationwide shortage of affordable housing and according to U.S. News & World Report's 2025–2029 housing market forecast, home prices are projected to increase by approximately 17% from 2024 levels—outpacing inflation and underscoring the critical role of the multi-family and affordable housing sectors in the future of real estate. Sources: U.S. News & World Report: 2025-2029 Housing Market Predictions and National Low Income Housing Coalition The Gap: A Shortage of Affordable Homes These adjacent markets share strong synergies with Questex's existing operational real estate offerings, presenting a compelling opportunity to deliver essential content, connections, and innovations to a broader ecosystem. By integrating Affordable Housing Finance and Multifamily Executive, Questex further solidifies its leading position as a trusted partner to decision-makers across the hospitality, real estate, and housing finance sectors. 'The affordable housing and multi-family markets are experiencing rapid growth amid increasing urbanization and rising global demand for accessible housing,' said Paul Miller, CEO of Questex. 'This acquisition enables us to bring our proven expertise in high-impact events, data-driven digital platforms, and actionable insights to these expanding sectors. It reflects our commitment to helping people live better and longer by investing in industries that shape how we live, work, and experience the world.' Building on a significant hospitality platform, Alexi Khajavi, Group President, Hospitality & Operational Real Estate, a newly created group comprised of living and lodging real estate media and event assets at Questex, unveils a strengthened and strategically aligned group, focusing on the Built Environment. Khajavi added, 'This addition reinforces our leadership in real estate and aligns with our broader strategy of serving global and scaled sectors that are reshaping the built environment and the experience economy.' This acquisition builds on Questex's recent strategic initiatives in the real estate space, including the acquisition of the NYU International Hospitality Investment Forum (IHIF), the 2024 launch of IHIF Asia, and the debut of BxR, the first U.S. event dedicated to branded residences. Questex will use its expanded real estate position as a launch pad for additional organic launches in underserved areas of the market. For more information about Questex and its growing portfolio, visit About QuestexQuestex helps people live better and longer. The company brings people together in the markets that help people live better—hospitality, operational real estate and wellness—and the industries that help people live longer—life sciences and healthcare—along with the technologies that enable and fuel these new experiences. In the experience economy, Questex connects its ecosystem through live events, enriched with data insights and digital communities, to deliver exceptional experiences and measurable results. It happens here. Media Contact:Kate SpellmanChief Commercial OfficerQuestexkspellman@ (212) 895-8488Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
06-07-2025
- Business
- Daily Mail
International buyers scoop up properties in Texas despite housing crash
A handful of cities in Texas are grabbing the attention of international buyers, who are coming mainly from India, China, and Mexico to find low prices amid a possible housing crash. Houston, Austin, and San Antonio all made the list of destinations where homebuyers from around the world are purchasing investment properties, second homes for their kids, or a home they will retire in. Houston was the number 5 most searched US city by non-US consumers throughout the month of April, according to a new report from International demand also grew noticeably in Austin, Dallas and San Antonio. None of the metros appeared in the top rankings for international buyers last year. 'The growing appeal of Texas markets to international buyers signals a noteworthy regional shift in investment focus,' said Danielle Hale, Realtor's chief economist. International buyers see Texas as a place for a long-term investment due to its lower cost of living and lack of state income tax. Many high-profile businesses have also relocated to the state, which has led to economic growth, job creation, infrastructure development and housing demand. Texas' cultural diversity and easy international travel connections also help its global appeal. For instance, San Antonio landed in the top destinations for Mexican homebuyers due to its proximity to the US-Mexico border. 'Mexican buyers likely tend to favor US border cities because of their proximity to home, strong cultural and language connections, established family and business networks, and easier access to education, healthcare and cross-border travel —making these areas both practical and familiar for living and investment,' said Hale. Texas realtor Cesar Amezcua explained the appeal of the Lone Star State — in particular San Antonio. 'We are just two hours from Mexico's border. We're literally 156 miles from the closest border town so we have always had a big influx of people from foreign nations, especially from Mexico,' he told the Daily Mail. Amezcua says a mix of buyers are using the purchases as investments to rent out, for their college age kids to live in, of for themselves as a main home. 'Some use it while they stay in the US for a couple weeks, other people use it for their children who want to go to college,' he said. 'They often work for big corporations in the technology sector, and they're always looking for the best schools.' International buyers have also been looking at buying in Houston, which is reinventing itself as a booming tech hotspot. Apple and Nvidia are leading the push with new AI factories in the city, which is set to create jobs, develop real estate and solidify Houston's future as America's next tech city. Amezcua added that the diverse culture in many Texas cities is often what draws international buyers too. 'There's plenty of nightlife depending on what it is that you're looking for,' Amezcua added. 'There are upscale restaurants and bars and cocktail places. 'We really are spoiled here in San Antonio. There's a little bit of everything because we're such a such a diverse town. For food, there's Peruvian, Colombian, Indian, Mexican, Tex-Mex, American Continental — you name it, we have it.' Amezcua says a buyer could likely get a three-bedroom, two-bath, two-car garage for anywhere between $250,000 and $300,000 in the city. 'For that you're going to end up in a nice neighborhood with nice amenities like water parks and pools,' he said. Meanwhile, Texas has the most cities which have seen falling house prices over the last year. From April 2024 to April 2025, San Antonio saw prices drop 1.8 percent. Austin has seen a 1.2 percent fall, Dallas is down 0.8 percent and Fort Worth has dropped 0.2 percent. Texas became a boom state during the pandemic due to its warm weather, low tax rates and affordable housing compared to major coastal cities. For Americans, places like Dallas and Austin were once seen as affordable alternatives to high-cost cities like San Francisco and New York. But prices are now on the way down — in part due to the increasing frequency and intensity of climate disasters such as hurricanes. This has led to skyrocketing insurance premiums and rising HOA costs across many major cities.
Globe and Mail
13-06-2025
- Business
- Globe and Mail
Zacks Industry Outlook Highlights Howard Hughes and Landsea Homes
For Immediate Release Chicago, IL – June 13, 2025 – Today, Zacks Equity Research discusses Howard Hughes Holdings Inc. HHH and Landsea Homes Corp. LSEA. Industry: Real Estate Development The constituents of the Zacks Real Estate – Development industry are expected to encounter difficulties stemming from geopolitical instability and macroeconomic uncertainty. These factors are likely to drive up material expenses and uphold high real estate prices. Sales activity is expected to stay subdued in the near future until there is a recovery in macroeconomic conditions. However, healthy demand across several real estate property categories, along with a slowdown in the pace of new deliveries, is anticipated to lend support to the industry, thereby placing companies like Howard Hughes Holdings Inc. and Landsea Homes Corp. in a strong position for growth. About the Industry The Zacks Real Estate – Development industry comprises companies that are mainly engaged in owning, developing and managing a variety of real estate properties, including commercial, residential and mixed-use parcels. While some developers undertake construction on their land holdings to eventually sell the properties to homebuilders, retaining the same for conducting operations is also a common practice. Some industry participants actively undertake strategic activities, such as infrastructure improvement, along with land planning and development, to boost economic development, attract quality job creators and diversify the regions in which the firms operate. These firms provide real estate leasing, stewardship, underwriting, planning and entitlement services. Real estate development companies are chiefly classified as financial ones, not construction firms. What's Shaping the Future of the Real Estate Development Industry? Macroeconomic Uncertainty Woes Linger: The ongoing heightened uncertainty surrounding trade policy and government spending is expected to weigh on the industry's growth in the near term. The tariff polices with other countries are expected to raise the cost of certain imported goods by the second half of this year. This makes investors skeptical about the economy's outlook. Although the Federal Reserve has reduced interest rates in the second half of 2024, it is expected to make fewer cuts this year due to an anticipated high inflation amid tariff woes and potential policy changes. Amid such an environment, clients are likely to adopt a cautious approach. As a result, investors' desire for greater price discovery will cause a delay in the closing timeline for transactions. Geopolitical Instability to Affect the Industry: Geopolitical turmoil is likely to have a significant impact on the industry's performance. Conflicts and wars happening in a number of countries have affected the global economic environment. These situations have escalated supply-chain disruption and increased inflation. Several capital sources are tightening their underwriting practices, reducing credit availability. In the upcoming period, sales activity is likely to stay subdued until macroeconomic conditions improve. Demand Revival for Certain Asset Classes and Constrained Supply Helps Industry Fundamentals: Demand for certain real estate categories, such as retail, industrial, logistics, and office is witnessing healthy growth. The post-pandemic resurgence in consumers' preference for in-person shopping is propelling retail real estate demand in high-traffic corridors as retailers eye expansion to satisfy this demand. Meanwhile, the e-commerce boom and supply-chain strategy transformations are driving growth in the industrial and logistics real estate space. Moreover, the office REIT companies are noticing an increase in the number of tenants returning to offices or announcing plans to do so. This is likely to support office real estate market fundamentals. However, in addition to raising the price of raw materials, an elevated interest rate environment has also slowed down the pace of new construction deliveries. Particularly, the residential market is experiencing a significant shortage of new homes as a result of more than a decade of under-building in comparison to population growth. The retail real estate market is also going through supply shortages, which is helping the industry fundamentals. Hence, the rebound in demand for certain real estate categories and supply shortage are likely to play a role in maintaining favorable industry fundamentals. Zacks Industry Rank Indicates Bleak Prospects The Zacks Real Estate Development industry is housed within the broader Zacks Finance sector. It carries a Zacks Industry Rank #179, which places it in the bottom 27% of 245 Zacks industries. The group's Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates dim near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one. The industry's positioning in the bottom 50% of the Zacks-ranked industries is a result of the southbound earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are losing confidence in this group's earnings growth potential. For 2025, the industry's earnings estimates have moved 39.4% south since June 2024. However, before we present a few stocks that you may want to consider for your portfolio, let's take a look at the industry's recent stock market performance and valuation picture. Industry Underperforms the Sector and the S&P 500 The Zacks Real Estate – Development industry has underperformed the S&P 500 composite and the broader Finance sector over the past year. The industry has declined 6.8% during this period against the S&P 500 composite's growth of 12.3%. The broader Finance sector has increased by 22.5%. Industry's Current Valuation On the basis of the forward 12-month price-to-earnings (P/E), which is a commonly used multiple for valuing real estate development companies, we see that the industry is currently trading at 7.76X compared with the S&P 500's 22.02X. The industry is also trading below the Finance sector's forward 12-month P/E of 16.20X. Over the past five years, the industry has traded as high as 22.09X and as low as 3.77X, with a median of 6.94X. 2 Real Estate Development Stocks to Consider Landsea Homes Corp.: This Dallas, TX-based publicly traded residential homebuilder designs and builds best-in-class homes and sustainable master-planned communities in some of the United States' most desirable markets. The company has developed homes and communities in New York, Boston, New Jersey, Arizona, Colorado, Florida, Texas and throughout California in Silicon Valley, Los Angeles and Orange County. Though elevated interest rates have exerted downward pressure on demand nationwide, primarily due to reduced affordability for numerous prospective homebuyers, Landsea Homes is expected to benefit from its efforts to enter new markets, focus on entry-level product offerings and strengthen its brand position through product differentiation. LSEA currently carries a Zacks Rank #3 (Hold). The Zacks Consensus Estimate for its 2025 EPS has remained unchanged at $1.05 over the past two months. The stock has gained 54% in the past three months. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Howard Hughes Holdings, Inc.: This Woodlands, TX-based company is engaged in the ownership, management and development of commercial, residential and mixed-use real estate throughout the United States. The company operates through three business segments, namely Operating Assets, Master Planned Communities and Strategic Developments. Its assets include a portfolio of master-planned community assets, buildings and equipment, land and developments. With its expertise in the real estate sector, the company is well-poised to bank on the favorable demand in the residential and commercial real estate markets. HHH currently has a Zacks Rank #3. The Zacks Consensus Estimate for its 2025 EPS has been raised 55.4% over the past two months to $1.43. The company's shares have declined 3.2% in the past three months. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Landsea Homes Corporation (LSEA): Free Stock Analysis Report Howard Hughes Holdings Inc. (HHH): Free Stock Analysis Report
