Housing View – June 28, 2024

Links to the week’s top housing market stories.

On Cross-Country

  • Why house prices are surging once again – The Economist.
  • Ottawa housing market ranked as ‘severely unaffordable’ in global survey – CTV News

On the US—developments on house prices, rent, permits and mortgage:    

  • House Prices In Pandemic-Era Boom Towns Are Going Bust As Prices Fall – Yahoo Finance
  • You Might Be Buying Your House at the Top of the Market – WSJ
  • FHFA House Price Index Up 0.2 Percent in April; Up 6.3 Percent from Last Year – FHFA
  • Texas House Prices Fall in Multiple Cities – Newsweek
  • California House Prices Plunge Up to $400k as Insurance Crisis Deepens – Newsweek
  • US consumer confidence retreats slightly; house prices remain elevated – Yahoo Finance
  • Mortgage rates fall slightly to 6.86% – FoxBusiness
  • Mortgage rates just dropped to a 2-month low. Here’s why you may want to buy now – CBS News
  • Here’s where U.S. rents are rising — and falling — the fastest – CNBC
  • Strain of rent on wages in WA is among highest in U.S., report finds – Washington State Standard
  • Rents Surged in These U.S. Cities in June – Mansion Global

On China:

  • China’s big housing correction is not over – FT
  • China’s Housing Market Crash Intensifies – Newsweek
  • China’s Housing Market Woes Deepen Despite Stimulus – WSJ
  • China Home-Price Slump Accelerates Despite More Stimulus – Bloomberg
  • China new home prices fall at fastest clip in nearly 10 years – Reuters

Posted by at 7:18 PM

Labels: Global Housing Watch


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