Surf Coast House Prices Soar, Then Correct
Fueled by pandemic lockdowns, Australian Surf Coast and Bellarine Peninsula house prices soared over five years; Anglesea's median rose 67.4% to $1,467,500, while others exceeded $1 million, but have since seen a market correction due to higher interest rates and taxes.
Surf Coast House Prices Soar, Then Correct
Fueled by pandemic lockdowns, Australian Surf Coast and Bellarine Peninsula house prices soared over five years; Anglesea's median rose 67.4% to $1,467,500, while others exceeded $1 million, but have since seen a market correction due to higher interest rates and taxes.
Progress
48% Bias Score
"Surge in Paris Airbnb Listings Highlights Cost of Living Crisis and Housing Concerns"
"Driven by high living costs and increased travel demand, the number of primary homes listed on Airbnb in Paris rose by over 80 percent in May 2024 compared to the previous year, creating a lifeline for some families but also raising concerns about housing shortages in tourist hotspots."
"Surge in Paris Airbnb Listings Highlights Cost of Living Crisis and Housing Concerns"
"Driven by high living costs and increased travel demand, the number of primary homes listed on Airbnb in Paris rose by over 80 percent in May 2024 compared to the previous year, creating a lifeline for some families but also raising concerns about housing shortages in tourist hotspots."
Progress
52% Bias Score
US Census Data Reveals Pandemic's Impact on Family Structures and Residential Mobility
The U.S. Census Bureau reports a decrease in grandparents raising grandchildren (7.2 million to 6.8 million), preschool enrollment, and residential mobility between 2014-2018 and 2019-2023, attributed to the COVID-19 pandemic, economic factors, and reduced opioid-related deaths.
US Census Data Reveals Pandemic's Impact on Family Structures and Residential Mobility
The U.S. Census Bureau reports a decrease in grandparents raising grandchildren (7.2 million to 6.8 million), preschool enrollment, and residential mobility between 2014-2018 and 2019-2023, attributed to the COVID-19 pandemic, economic factors, and reduced opioid-related deaths.
Progress
44% Bias Score
"Russian Mortgage Market to Shrink by 20% in 2025 Amidst High Interest Rates"
"VTB Bank projects a 35% decline in Russian mortgage lending in 2024 to 5 trillion rubles, followed by a further 20% drop to 4 trillion rubles in 2025, due to high interest rates and changes to government programs; non-mortgage transactions are expected to reach 1.8 million, comprising 60% of real e...
"Russian Mortgage Market to Shrink by 20% in 2025 Amidst High Interest Rates"
"VTB Bank projects a 35% decline in Russian mortgage lending in 2024 to 5 trillion rubles, followed by a further 20% drop to 4 trillion rubles in 2025, due to high interest rates and changes to government programs; non-mortgage transactions are expected to reach 1.8 million, comprising 60% of real e...
Progress
40% Bias Score
"China's Real Estate Market Undergoes Sharp Decline, Prompting Government Intervention"
"China's real estate investment plummeted from over 20 trillion yuan in 2021 to an expected sub-10 trillion yuan in 2023, prompting government intervention with interest rate cuts and relaxed purchase restrictions to stabilize the market and prevent a systemic crisis, while acknowledging the risk of...
"China's Real Estate Market Undergoes Sharp Decline, Prompting Government Intervention"
"China's real estate investment plummeted from over 20 trillion yuan in 2021 to an expected sub-10 trillion yuan in 2023, prompting government intervention with interest rate cuts and relaxed purchase restrictions to stabilize the market and prevent a systemic crisis, while acknowledging the risk of...
Progress
40% Bias Score
Barclays Downgrades Homebuilders Amid Interest Rate Concerns
Barclays downgraded four major homebuilders—D.R. Horton, Lennar, PulteGroup, and KB Home—to "equal weight" due to concerns about higher-than-expected interest rates and a potential ceiling in the new construction market, leading to significant stock declines in Q4 2024.
Barclays Downgrades Homebuilders Amid Interest Rate Concerns
Barclays downgraded four major homebuilders—D.R. Horton, Lennar, PulteGroup, and KB Home—to "equal weight" due to concerns about higher-than-expected interest rates and a potential ceiling in the new construction market, leading to significant stock declines in Q4 2024.
Progress
48% Bias Score
Canada Cuts Interest Rates, Loosens Mortgage Rules to Boost Housing Sales
The Bank of Canada cut interest rates by 50 points to 3.25 percent, while the federal government loosened mortgage rules, allowing smaller down payments and longer repayment terms. The central bank expects these actions to increase housing sales in 2025.
Canada Cuts Interest Rates, Loosens Mortgage Rules to Boost Housing Sales
The Bank of Canada cut interest rates by 50 points to 3.25 percent, while the federal government loosened mortgage rules, allowing smaller down payments and longer repayment terms. The central bank expects these actions to increase housing sales in 2025.
Progress
40% Bias Score
U.S. Census Data Reveals Pandemic's Impact on Family Structures and Housing
The U.S. Census Bureau reports a decrease in grandparents raising grandchildren (7.2M to 6.8M between 2014-18 and 2019-23), preschool enrollment, and residential mobility, primarily due to the COVID-19 pandemic and a stronger economy, impacting family structures and housing markets.
U.S. Census Data Reveals Pandemic's Impact on Family Structures and Housing
The U.S. Census Bureau reports a decrease in grandparents raising grandchildren (7.2M to 6.8M between 2014-18 and 2019-23), preschool enrollment, and residential mobility, primarily due to the COVID-19 pandemic and a stronger economy, impacting family structures and housing markets.
Progress
48% Bias Score
Russia's Subsidized Mortgages Inflate Housing Prices Without Boosting Construction
Between May 2020 and June 2024, Russia's multi-apartment construction increased by 15% to 115 million square meters due to subsidized mortgages; however, apartment prices doubled or tripled, indicating that the program inflated prices rather than boosting construction.
Russia's Subsidized Mortgages Inflate Housing Prices Without Boosting Construction
Between May 2020 and June 2024, Russia's multi-apartment construction increased by 15% to 115 million square meters due to subsidized mortgages; however, apartment prices doubled or tripled, indicating that the program inflated prices rather than boosting construction.
Progress
44% Bias Score
Conflicting Predictions for December 2024 Home Prices
Conflicting predictions exist about whether home prices will drop in December 2024, with some experts citing typical seasonal slowdowns, while others point to continued strong buyer demand and limited supply potentially keeping prices high, possibly even increasing them.
Conflicting Predictions for December 2024 Home Prices
Conflicting predictions exist about whether home prices will drop in December 2024, with some experts citing typical seasonal slowdowns, while others point to continued strong buyer demand and limited supply potentially keeping prices high, possibly even increasing them.
Progress
40% Bias Score
German Cabinet Extends Rent Control to 2029 Amidst Political Opposition
Germany's cabinet approved extending rent control until 2029, despite opposition from the FDP and uncertainty from the Union, which will review the matter after the February 23rd election; the extension modifies existing exceptions for new buildings and faces legal challenges.
German Cabinet Extends Rent Control to 2029 Amidst Political Opposition
Germany's cabinet approved extending rent control until 2029, despite opposition from the FDP and uncertainty from the Union, which will review the matter after the February 23rd election; the extension modifies existing exceptions for new buildings and faces legal challenges.
Progress
40% Bias Score
US Housing Market: Uncertain Future Amid Record Mortgage Payments
Record-high mortgage payments in 2024, coupled with low housing inventory and persistent buyer demand, fueled home price increases despite fluctuating interest rates; future price trends remain uncertain but will depend on economic conditions and interest rates.
US Housing Market: Uncertain Future Amid Record Mortgage Payments
Record-high mortgage payments in 2024, coupled with low housing inventory and persistent buyer demand, fueled home price increases despite fluctuating interest rates; future price trends remain uncertain but will depend on economic conditions and interest rates.
Progress
32% Bias Score