US Housing View – September 19, 2025

On prices, rent, and mortgage:    

  • Price Maps – Home Economics
  • Home Prices Decline in a Growing Number of Markets as Inventories Climb – Harvard Joint Center for Housing Studies
  • The “Home ATM” Mostly Closed in Q2. Total Mortgage Equity Withdrawal (MEW) was Slightly Positive in Q2 – Calculated Risk
  • Mortgage Rates Are at an 11-Month Low. Will That Save This Housing Market? Buyers have more purchasing power, but home prices near record highs and a weakening job market are significant hurdles – Wall Street Journal
  • Shelter Inflation Continued to Cool – NAHB
  • The Fed is poised to cut rates. Will mortgage rates follow? With a Fed rate cut expected this week, many expect mortgage rates to follow. Here’s why that’s not always the case – Quartz
  • What Does a Fed Rate Cut Mean for Mortgage Rates? – Realtor.com
  • US 30-year mortgage rate drops, refinances jump, MBA data shows – Reuters


On sales, permits, starts, and supply:    

  • August 2025 Monthly Housing Market Trends Report – Realtor.com
  • 2nd Look at Local Housing Markets in August – Calculated Risk
  • Housing Starts Remain Soft Ahead of Fed Meeting – NAHB  
  • Housing Starts Decreased to 1.307 million Annual Rate in August – Calculated Risk
  • US single-family housing starts approach 2-1/2-year lows amid excess supply – Reuters


On other developments:    

  • Homeownership Costs Have Jumped 26% Over 5 Years as Hidden Expenses Rise – Realtor.com
  • August 2025 Hottest Housing Markets – Realtor.com
  • The Metros Where Homes Are Selling Fastest—5 Key Takeaways – Realtor.com
  • Mapped: Housing Affordability Across North America in 2025 – Visual Capitalist
  • Adding Value. The Federal Housing Administration and the costs of incentive-driven development – Phenomenal World
  • Household Real Estate Asset Values Reach New High – NAHB
  • Part 2: Current State of the Housing Market; Overview for mid-September 2025 – Calculated Risk
  • Housing costs squeeze owners and renters alike, outpacing inflation. Renters also faced a financial shock in 2024, as rent increases outpaced inflation. – Washington Post
  • The right way to look at the housing crisis. Readers suggest fixes to the housing crisis and crime – Washington Post
  • Even New York City’s Wealthy Renters Can’t Avoid the Housing Crisis. In some of the city’s wealthiest enclaves, even high earners are struggling to keep up with ballooning costs. – Bloomberg
  • Housing Slump Ripples Through Manufacturing Economy. Air-conditioner manufacturer Carrier and plumbing product distributor Core & Main warned of a steep whipsaw in residential demand. – Bloomberg
  • Closing the gap: How policy, builders and innovation can rebalance housing – Zillow
  • Affordable Metros Where You Can Find a Home Priced Below $300K—5 Key Takeaways – Realtor.com
  • My Head Talks on Bloomberg. On tariffs, housing and more – Paul Krugman
  • Builders Stay Cautious as Single-Family Permits Extend Downtrend – NAHB
  • Texas now restricts Chinese nationals from buying property. Is it alien land laws all over again? – The Guardian
  • US housing market to remain stuck in a rut as high rates choke demand – Reuters
  • US economy braces for twin housing, labor market headwinds – Reuters
  • Builder Confidence Steady but Future Sales Expectations Hit Six-Month High – NAHB
  • Student housing prices are rising in Portland – Axios
  • Home Flipping Profit Margins Hit 17-Year Low in Second Quarter – ATTOM
  • US single-family housing starts near 2-1/2-year lows as inventory bloat weighs – Reuters

Posted by at 5:00 AM

Labels: Global Housing Watch

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