On cross-country:
- How cohesion policy helps solve Europe’s housing crisis – European Commission
- Stronger Asian currencies a mixed blessing for region’s property markets. While currency appreciation may provide relief for property investors, economies reliant on trade and tourism should proceed with caution – South China Morning Post
- NIMBYism and how to resolve it. A diagnosis and a solution. – The Works in Progress Newsletter
Working papers and conferences:
- Bubbling Up? What Consumer Expectations Reveal About U.S. Housing Market Exuberance – Dallas Fed
- El Clasico of Housing: Bubbles in Madrid and Barcelona’s Real Estate Markets – Research Institute of Applied Economics
- Tax Preferences and Housing Affordability: Explorations using a Life-Cycle Model – NBER
- Income Inequality, Mortgage Debt and House Prices – SSRN
- Distributional effects of monetary surprises across regional housing markets – SSRN
On China:
- China’s developers at risk as young home buyers walk away. There are signs of hope for the market but not enough to help developers out of their current predicament – FT
On Australia and New Zealand:
- [Australia] RBA interest rate cuts expected to drive home-buyer activity but economists doubtful of ‘boom market’. Though analysts still expect multiple rate cuts this year, expectations for major drops are evaporating – The Guardian
- [Australia] House prices and Trump tariffs: what does the RBA’s rate cut mean for you? – video – The Guardian
On other countries:
- [Canada] In Canada’s residential mortgage market, it’s the Big Banks against everyone else – The Globe and Mail
- [Hong Kong] Cheaper private flats in Hong Kong don’t erase need for subsidised housing. Although home prices have fallen, subsidised housing’s raison d’être remains, with larger units much in demand – South China Morning Post
- [Ireland] Ireland’s main banks flag lack of appetite for house building – Reuters
- [Norway] Nordea Questions Norway’s Data on Faltering Home Construction – Bloomberg
- [Spain] Spain Orders Airbnb to Take Down 66,000 Rental Listings. The government is widening a crackdown on tourist rentals as it seeks to alleviate a painful housing crunch. – New York Times
- [United Kingdom] How to fix the UK’s housing crisis. For young adults, property shortages reinforce the feeling that life is a zero-sum game – FT
- [United Kingdom] Average asking price for home in Great Britain hits new high of almost £380k. Rightmove says figure has risen in May by 0.6% compared with April despite lower demand from new buyers – The Guardian
- [United Kingdom] Owners of second homes in Wales are having to sell up. That’s no disaster: it’s a godsend. Council tax hikes on holiday homes aren’t ‘anti-English’ or detrimental to tourism. This is about preserving embattled communities – The Guardian
- [United Kingdom] UK house prices rose by most since 2022 in March, official data shows – Reuters
- [United Kingdom] Kensington and Chelsea house prices fall to lowest since 2013. Sharp decline comes as prime London market suffers effects of higher property taxes, Brexit and non-dom changes – FT