
Berkshire Hathaway Increases Stake in Homebuilder Lennar
The company has nearly doubled its investment in Lennar, the second-largest U.S. homebuilder, since the start of July amid a housing market slump.

The company has nearly doubled its investment in Lennar, the second-largest U.S. homebuilder, since the start of July amid a housing market slump.
Adjustable-rate mortgages saw increased demand as borrowers sought lower monthly payments amid rising interest rates, CNBC reported.

Cash transactions and high-end brands like Bugatti and Porsche are fueling a boom in Miami's ultra-luxury housing segment, with UBS seeing a declining risk of a bubble.
The retailer has won over Wall Street by growing profitability despite weak housing conditions, according to CNBC.

A growing share of British homebuyers are obtaining mortgages with deposits below 20%, matching pre-financial-crisis trends.

The share of UK home loans requiring no deposit has reached its peak in over 15 years, according to BBC reporting.

National statistics agency says annual growth in property prices eased compared with the first quarter of the year.

Rising motor fuel costs pushed UK inflation to a five-month high in August, while separate data showed London house prices falling further below their peak and rents continuing to rise, according to The Guardian.

A new Zillow report cited by CNBC finds that as rent prices climb across the U.S., more tenants are relocating to more affordable markets, a trend that could shape future home sales.
High-end properties in Sydney and Melbourne are recording steep price declines while more affordable homes remain resilient, according to new data cited by the Guardian.