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
- MONTHLY NEW RESIDENTIAL CONSTRUCTION, MAY 2024 – US Census
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