On cross-country:
- Promoting Access to Affordable Housing in Emerging Markets – IFC
- Is Land-Use Regulation Holding Back Construction Productivity? – Construction Physics
- European Residential Update – Knight Frank
Working papers and conferences:
- Racial Housing Price Differentials and Neighborhood Segregation – NBER
- A tale of tier 3 cities – Journal of International Economics
- Credit Supply, Prices, and Non-price Mechanisms in the Mortgage Market – San Francisco Fed
- House Prices and Monetary Policy: Tearing down the wall in Germany? – SSRN
- Housing-Consumption Channel of Mortgage Demand – SSRN
- Entrepreneurs, Collateral Channel, and the House Price Volatility Puzzle – SSRN
On the US—developments on house prices, rent, permits and mortgage:
- US Mortgage Rates Tumble to 6.55% in Biggest Drop in Two Years. 30-year rate slides 27 basis points to lowest since May 2023. Drop spurs pickup in applications to refinance, buy a home – Bloomberg
- US Mortgage Refinancing Surges by Most Since 2020 on Lower Rates. MBA gauge jumped 34.5% to a more than two-year high last week. Mortgage applications for home purchases rose more modest 2.8% – Bloomberg
- Why Falling Mortgage Rates Aren’t a Quick Fix for Frustrated Homebuyers. Record home prices and renewed fears of a recession complicate hopes for housing market recovery – Wall Street Journal
- How Gen Z Co-Purchasing Is Changing the Borrower Landscape. The real estate market is transforming as Generation Z become homebuyers and turn to house hacking – CoreLogic
- Biggest shakeup in a century set to hit real estate agents this week: Here’s how they’re preparing – CNN
- So Much About Real-Estate Commissions Just Changed. Here’s What to Know. The changes come after the National Association of Realtors reached a landmark legal settlement earlier this year – Wall Street Journal
- 2nd Look at Local Housing Markets in July. Early Reports Suggest Possible New Cycle Low for NAR reported Sales in July – Calculated Risk
- Part 1: Current State of the Housing Market; Overview for mid-August 2024 – Calculated Risk
- Part 2: Current State of the Housing Market; Overview for mid-August 2024 – Calculated Risk
- Single-Family Permit Increase Moderates in June 2024 – NAHB
- National Housing & Economic Forecast 2024 Midyear Update: Long-Awaited Mortgage Rate Relief Finally Arrives – Realtor.com
- Our Midyear Real Estate Forecast Reveals Major Change for Homebuyers—Here’s What’s in Store – Realtor.com
- Experts Predict What the Real Estate Market Will Look Like Once Mortgage Rates Drop – Realtor.com
- To cap or not to cap? – Politico
On the US—other developments:
- FACT SHEET: Biden-Harris Administration Takes New Actions to Lower Housing Costs by Cutting Red Tape to Build More Housing – The White House
- Biden Invests $100 Million to Fuel Housing Construction. The White House is expanding low-cost financing, easing regulations and incentivizing local reforms in a wide-ranging effort to increase housing supply. – Bloomberg
- How the U.S. might outgrow pandemic-era housing (un)affordability problems – Dallas Fed
- Home Ownership Affordability Monitor – Atlanta Fed
- Boomers Buying Houses Had It Bad in the ’80s. Millennials Have It Worse. The housing affordability index shows whether the typical family… – Wall Street Journal
- Housing Is a Top Concern for Voters. Why Not for the Candidates? Americans want more affordable housing. Politicians from both parties could offer better solutions. – Bloomberg
- The Fed Is Too Late to Save the Housing Market This Year. A decline in mortgage rates at the tail end of buying season is unlikely to meaningfully boost transactions or industries that depend on them. – Bloomberg
- ‘Sitting empty’: Vast expanse of federal land eyed for new housing. “Imagine having a county where over 90 percent of the land can’t have housing … all because it’s federally managed,” said Rep. John Curtis. – Politico
- Why the housing market is ‘challenged’ right now: Zillow CEO – Yahoo Finance
- Most Popular Markets People Are Moving To – Realtor.com
- Building Material Price Growth Tracking Closely to 2023 – NAHB
- Why did Detroit and New Orleans’s post-disaster recoveries diverge? Can NOLA recapture the kind of forward momentum that Detroit now has? – The New Urban Order
- Is this the best housing bill on the East Coast? A look at the new Massachusetts housing package – The New Urban Order
- Housing and Inflation, July 2024 – Erdmann Housing Tracker
On China:
- China Evergrande’s liquidators ask investors to join restructuring process – Reuters
- China’s Home Price Slump Eases After Government Rescue Efforts – Bloomberg
On other countries:
- [Canada] Canada’s Housing Bust Pits Real Estate Coaches Against Students. A new class of educators promised to help small-time investors use property to build their personal wealth. Now, a backlash is brewing. – Bloomberg
- [Hong Kong] Hong Kong’s economic recovery hinges on having enough adequate housing. Housing and town planning reforms will raise social mobility, promote Hong Kong as an international talent hub and bring back our dynamism – South China Morning Post
- [Luxembourg] Luxembourg Residential Real Estate Market Analysis 2024 – Global Property Guide
- [Norway] Norway Residential Real Estate Market Analysis 2024 – Global Property Guide
- [Singapore] Singapore Home Sales Recover in July With More Developer Supply. Real estate firms in the city-state sold 571 units last month. July is typically a strong season after school holiday – Bloomberg
- [United Kingdom] Would building 1.5m homes bring down British house prices?
- Answer: Not by much – The Economist
- [United Kingdom] UK Homebuilder Stocks Extend Rally on Mortgage Rate Optimism. Softer-than-expected inflation fuels borrowing cost hopes. Sector has recovered about half of rate-hike cycle losses – Bloomberg
- [United Kingdom] London House Prices Post First Annual Rise in More Than a Year. Dip in mortgage rates improved confidence of home buyers. Economists say BOE rate cuts will boost momentum in the autumn – Bloomberg