On cross-country:
- Is the global housing slump over? Why rising interest rates have not yet triggered property pandemonium – The Economist
- Global Residential Real Market Report – Q1 2023 – Global Property Guide
On the US—developments on house prices, rent, permits and mortgage:
- Is the rent still too damn high? – FT
- Renters Are About to Get the Upper Hand. New-lease rents are poised to fall on an annual basis for only the second time since 2008 financial crisis – Wall Street Journal
- Lawler: Update on Mortgage/Treasury Spreads – Calculated Risk
On the US—other developments:
- The “Home ATM” was Closed in Q1. Mortgage Equity Withdrawal (MEW) turns negative in Q1 2023 – Calculated Risk
- Climate Change and Homeowners’ Insurance Are on a Collision Course. As escalating catastrophes take a toll on profitability, insurance companies are getting better at looking forward. The results aren’t pretty. – Bloomberg
- Public Education and Intergenerational Housing Wealth Effects – NBER
- 2nd Look at Local Housing Markets in May – Calculated Risk
- 2023 Q1 Cross-Market Demand Report: Homeownership, Affordability, and Warmer Climates Influence Moving Patterns – Realtor
- Part 1: Current State of the Housing Market; Overview for mid-June – Calculated Risk
- Part 2: Current State of the Housing Market; Overview for mid-June – Calculated Risk
- Affordable Housing Woes Paint a ‘Bleak Picture’. So many developments have been sidetracked or delayed that some experts expect a “production cliff” to hit in a year or so, meaning fewer new homes coming onto the market. – New York Times
On China:
- Why China’s housing policies have failed – Peterson Institute for International Economics
- China’s property sector set to be persistently weak for years -Goldman – Reuters
- Iron Ore Sheds Nearly 5% After Goldman’s China Property Warning. Real estate weakness to be multiyear growth drag, bank says. Steel-making ingredient halts eight-day advance in Singapore – Bloomberg
- Economists posting their Ls. If a Chinese property market falls in the forest, could it not make too much of a noise? – FT
- Gold bars used to lure Chinese homebuyers amid market slowdown. Property developers struggle to rebuild confidence in housing market after three years of economic pain – The Guardian
On other countries:
- [Australia] New Insights into the Rental Market – Reserve Bank of Australia
- [Australia] Forget death and taxes, the real certainty in Australia is rising house prices. A record number of interest rate rises has failed to take the wind out of the property market – but it’s good news for negative gearers – The Guardian
- [Ireland] Irish developer says up is the only way out of Dublin’s housing shortage. Johnny Ronan came to symbolise the country’s property-driven boom-to-bust cycle – FT
- [Italy] Wealthy Buyers Are Turning This Region Into One of Italy’s Hottest Home Markets. Once an impoverished area, Puglia has seen an influx of high-end buyers willing to spend millions on historic farmhouses and villas – Wall Street Journal
- [Korea] Bank of Korea Warns of Financial Risk as Real Estate Loans Fail. BOK flags delinquencies on real estate loans, non-bank risk. Governor Rhee Chang-yong says in text of speech Monday – Bloomberg
- [New Zealand] New Zealand must free up land, expand housing supply to ease home affordability, IMF says – Reuters
- [Sweden] Swedes’ View on Housing Market Brightens as Rates May Soon Peak – Bloomberg
- [United Kingdom] How stubborn inflation has undermined the UK housing market. Lenders have continued to raise mortgage rates, leaving buyers and homeowners struggling with costs – FT
- [United Kingdom] UK housing market strains grow as mortgage rates creep higher – Reuters
- [United Kingdom] ‘This is just ruinous’: the Britons unable to afford their homes. Millions are finding themselves priced out of renting and buying amid high inflation and mortgage rates – The Guardian
- [United Kingdom] Find out where you can afford to buy or rent in Great Britain. In nearly half of postcode districts the typical household cannot afford to buy a home, while in others a sustainable rent is also out of reach. Use the map below to see where is affordable for you – The Guardian
- [United Kingdom] Summer Rate Hikes Threaten to Push UK Housing Market to Breaking Point. Inflation and the BOE are increasing strains on the market – Bloomberg
- [United Kingdom] Rishi Sunak under pressure as HSBC raises mortgage rates for second time in week. Brokers warn that other lenders will follow suit in blow to households – FT