On the US—developments on house prices, rent, permits and mortgage:
- The Reason Home Prices Are Finally Dropping. But not everywhere. – Slate
- U.S. Mortgage Rates Top 7%, Highest in More Than 20 Years. Rate for 30-year mortgages hit 7.08%; a year ago it was just over 3%. – Wall Street Journal
- Year-over-year Pace of Rent Increases Continues to Slow. Expect YoY Rents to Slow Further in Coming Months – Calculated Risk
- First Look at 2023 Housing Forecasts – Calculated Risk
On the US—other developments:
- How owner-occupancy regulations are contributing to the housing crisis – Brookings
- Lawler: Selected Operating Results, Large Home Builders. Cancellation Rates Increasing Sharply – Calculated Risk
- US Pending Home Sales Fall by Most in Two Years as Rates Rise. Contract signings dropped more than 10% in September. Excluding early months of pandemic, index is lowest since 2010 – Bloomberg
- The US housing market’s stagnation has gotten even worse. US mortgage rates have reached a 20-year high this week – Quartz
- The U.S. city of the future – Alfred Twu
On China:
- Japan’s empty villages are a warning for China. Beijing should take note of the risks posed by a property bubble and demographic changes – FT
- China’s Diminishing Returns – Project Syndicate
- China’s property slump continues as October prices fall. Prices in 100 Chinese cities drop for fourth straight month amid strict COVID curbs. – Al Jazeera
On other countries:
- [Ireland] Gabriel Makhlouf: A refreshed framework for our macroprudential mortgage measures – Central Bank of Ireland
- [New Zealand] New Zealand House Prices Suffer First Annual Decline in 11 Years – Bloomberg
- [Singapore] Singapore Home Prices Jump More Than Expected as Market Holds Up. Private home values climbed 3.8% in the third quarter. City-state’s property market is defying rising interest rates – Bloomberg
- [United Arab Emirates] Dubai Homes Reasonably Priced Despite Record Surge, Emaar Says – Bloomberg
- [United Kingdom] Mortgage shock: what next for embattled borrowers? Spiralling home loan rates add to households’ cost of living pressures – FT
- [United Kingdom] UK housebuilders warn new rules and taxes will add £4.5bn to costs. Industry body says extra expense may be offset by cutting affordable housing contributions – FT
- [United Kingdom] UK House Prices Face 5% Dip Next Year on Mortgage Rate Rises. New buyers face biggest rate hit since late 1980s, Zoopla says. Buyer demand has dived by a third since mini-budget last month – Bloomberg
- [United Kingdom] UK mortgage approvals and consumer lending fall as rising prices bite. BoE data point to slowdown in property market even before mini-Budget and households building cash buffers – FT
- [United Kingdom] UK House Prices Fall the Most Since Start of Covid Pandemic. Higher mortgage rates and political turmoil take a toll. Headwinds facing market may trigger a longer-term drop – Bloomberg
- [United Kingdom] What will happen to Britain’s mortgages? The end of cheap borrowing will make the property ladder harder to climb – The Economist
- [United Kingdom] The UK Housing Market Finally Cracked. Now What? The jump in mortgage rates is starting to feed through to falling house prices – Bloomberg
- [United Kingdom] UK house prices fall in October as borrowing costs rise. Market upheaval following mini-Budget hits property sector as household finances are squeezed – FT