On cross-country:
- Analysing drivers of residential real estate (RRE) prices and the effects of monetary policy tightening on RRE vulnerabilities – European Central Bank
- Evaluating housing market risks using a combined demand-supply framework – European Central Bank
- The transmission and effectiveness of macroprudential policies for residential real estate – European Central Bank
- Why Home Prices are Poised to Fall – Goldman Sachs
- Euro Area House-Price Gains Slow for First Time Since Pandemic – Bloomberg
- Sharing Economy and its Effects on Housing Markets – UNECE
- Soaring mortgage rates to pile pressure on property markets worldwide. Housing markets face seismic change as low interest rate environment ends – FT
- Housing Taxation in OECD Countries – OECD
- Property Boom Coming To An End, New UBS Report Warns – AFP
- Exciting, boring, and non-existent skylines: Vertical building gaps in global perspective – VoxEU
- Declining Demand Drives Price Pullback – Zillow
On the US—developments on house prices, rent, permits and mortgage:
- US Mortgage Rates Rise for Seventh Week to Highest in 16 Years. Fixed 30-year rate jumps to 6.75% in last week of September. MBA index of applications to buy, refinance a home tumbles – Bloomberg
- This Is What 7% Mortgages Will Do to the Housing Market – Bloomberg
- When will house prices go down? These economists see a ‘prolonged slowdown’ — and predict dramatic declines in home values – MarketWatch
- Disentangling Rent Index Differences: Data, Methods, and Scope – BLS
- Mortgage Activity Continues to Fall as Rates Rise – NAHB
On the US—other developments:
- 11th Annual Housing Conference on November 30 to December 1 – AEI
- Christopher J Waller: The economic outlook with a look at the housing market – FED
- Republicans weaponise US mortgages in pre-midterms push. Federal Reserve interest rate increases have handed GOP ammunition ahead of elections by raising housing payments – FT
- Heterogenous Rates of Return on Homes and Other Real Estate: Do the Rich Do Better? Do Black Households Do Worse? – NBER
- If America Needs Starter Homes, Why Are Perfectly Good Ones Being Torn Down? Many communities effectively ensure the only viable replacement for a starter home is a new one that’s much larger and more expensive. – New York Times
- Here’s How Weird Things Are Getting in the Housing Market. We’re hitting milestone after milestone in the US. – Bloomberg
- Current State of the Housing Market. This is a market overview for mid-October – Calculated Risk
- MBA: Mortgage Credit Availability was Never Excessive During the Recent Housing Boom – Calculated Risk
- US property sector braced for job cuts as rate rises crush home sales. Real estate business has dried up as a pandemic-inspired boom comes to a dramatic end – FT
- Home Flippers Get Burned by US Housing Market’s Sudden Slump. Falling demand and rising interest rates mean some investors are likely to take losses on quick deals. – Bloomberg
- Low Supply Could Support a Drooping Housing Market, Wells Fargo Says – Wall Street Journal
- 2nd Look at Local Housing Markets in September. Sales and New Listings Down Year-over-year, Inventory Up – Calculated Risk
On China:
- China property crisis spoils Communist party’s moment of triumph. Officials take cautious approach to tackling overleveraged sector that threatens economic growth – FT
- Caixabank proposes sector-wide freeze in variable mortgage costs, source says – Reuters
- China Evergrande’s Debt-Crisis Fallout: Losses, Layoffs and More Defaults. The property titan’s financial troubles have spilled over to construction companies, interior decorators, and many others it owes money – Wall Street Journal
- China Property Debt Crisis Deepens as State-Aided Firm Defaults. Developer missed coupon on Hong Kong dollar convertible note. CIFI blames holiday for payment delay but warns about default – Bloomberg
- Chinese Local Governments Buying Houses to Aid Property Sector. Suzhou plans to buy about 10,000 units, Securities Times says. Jinan city proposed to purchase 3,000 homes to rent out – Bloomberg
- China’s Bursting Housing Bubble Will Rock the Economy for Years – Bloomberg
On other countries:
- [Canada] Labour shortage to restrict Canadian housing supply -CMHC – Reuters
- [Canada] Rosenberg Sees 1990s-Style Canada Housing Bust Hurting Spending – Bloomberg
- [Hong Kong] Home prices in Hong Kong could fall 30%, predicts Goldman Sachs – Fortune
- [Hong Kong] Hong Kong’s Property Market Is Tumbling as Unsold Homes Pile Up. Rising rates add to slump caused by Covid curbs, brain drain. Home prices, down 8% already this year, poised to dip further – Bloomberg
- [New Zealand] Economics class video: NZ housing — a canary in the coal mine? – FT
- [Singapore] Rich mainland Chinese snap up luxury homes in Singapore despite tax hikes – Reuters
- [Singapore] Singapore Home Prices Won’t Defy Gravity for Long. The fastest quarterly increase in suburban real-estate prices in 13 years will make the city-state uncomfortable. Authorities will act again if rising interest costs fail to cool demand. – Bloomberg
- [Singapore] Singapore Apartment Rents Soar 31% With Further Gains to Come. Private apartment rents up 31% in year through September. A shortage of home supply could push more people to rent – Bloomberg
- [Spain] Spanish House Prices Reach Highest Level in a Decade – Bloomberg
- [Sweden] Swedish Housing Market Slump Deepens on Rate, Energy Worries. Apartment prices have fallen 6% on year, houses are down 3%. Record-high energy costs, interest rates impact demand – Bloomberg
- [United Kingdom] Kwasi Kwarteng to meet UK bank chiefs over mortgage market turmoil. Chancellor likely to be asked about 8% surcharge on bank profits – FT
- [United Kingdom] Britain’s mortgage market is adjusting to higher interest rates. But it will be a painful process for existing and wannabe homeowners – The Economist
- [United Kingdom] Kwarteng considers extending mortgage guarantee scheme. Initiative may continue beyond December as bank bosses raise concerns over mortgage market – The Guardian
- [United Kingdom] UK house price growth cools as rate rises pinch. Cost of a typical home eases from previous record to £293,835, says Halifax – FT
- [United Kingdom] British banks’ mortgage payday comes with sting in the tail – Reuters
- [United Kingdom] Chancellor Kwarteng Urged for Action to ‘Defuse Mortgage Ticking Time Bomb’ – Bloomberg
- [United Kingdom] Paying a Mortgage in Britain Is No Longer Cheaper Than Renting. Mortgage payments to eat up 40% of income, UBS analysts say. Homebuilder stocks may be attractive after 50% drop this year – Bloomberg
- [United Kingdom] U.K. Housing Market Heads for Mortgage-Rate Shock. With a sharp rise in mortgage rates, homeowners’ monthly payments are set to soar. – Wall Street Journal
- [United Kingdom] Demand for new-build homes cooling fast, says Barratt. UK’s largest housebuilder cuts profit estimate – FT