Friday, May 20, 2022
On the US:
- President Biden Announces New Actions to Ease the Burden of Housing Costs – The White House
- Biden Administration Targets Housing Supply Shortage. New regulatory moves aim to dent housing shortage of millions of U.S. homes – Wall Street Journal
- Five housing policies that wouldn’t drive up prices in Australia. If reforms to negative gearing and capital gains tax are a bridge too far, how about tackling supply? – The Guardian
- How Biden is taking action on the housing shortage – The Hill
- Biden green-lights a home-building boom. But there’s a catch. The Biden administration has a plan to fast-track housing construction. But much of it depends on Congress. – Fast Company
- U.S. housing market cooling as building permits tumble, starts fall – Reuters
- Bidding Wars Show Signs of Cooling as Mortgage Rates Bite. Fewer homes are receiving multiple offers as higher borrowing costs limit buyers, according to Redfin – Bloomberg
- These Are the Nation’s Most—and Least—Affordable Real Estate Markets – Realtor.com
- First-Time Buyers Were Undeterred by Rapid Home Price Appreciation in 2021 – New York Fed
- We’re not in a housing bubble, say Zillow economists – Fortune
- Housing Demand and Remote Work – NBER
- The Housing Market Is Cooling and 2 Other Takeaways From Real Estate Earnings – Barron’s
- How does the Consumer Price Index account for the cost of housing? – Brookings
- America still isn’t building enough homes – Quartz
On other countries:
- [Canada] Seven Slowdown in Canada’s Housing Sector Shows Risk of Higher Rates. Bank of Canada efforts to curb inflation threaten to end the country’s real-estate boom, which has been a strong driver of its economy – Wall Street Journal
- [Canada] Rate Hikes Hit Canada Housing With First Price Drop in Two Years. Sales plunge 12.6% as borrowing costs begin to rise sharply. Price declines are heaviest in smaller markets around Toronto – Bloomberg
Posted by Prakash Loungani at 5:00 AM
Labels: Global Housing Watch