US Housing View – June 20, 2025

On prices, rent, and mortgage:    

  • Using Income Changes to Forecast Home Prices by County – Home Economics
  • Expert Panel Expects Moderating Home Price Growth through 2026 – Fannie Mae
  • Mortgage Rates Ease to 6.84% – Realtor.com
  • Buyer-Friendly Housing Market Gets a Boost With a Dip in Mortgage Rates – Realtor.com
  • Housing Isn’t Expensive for Everyone. Do you have a ZIRP-era mortgage or not? – Bloomberg
  • Congress Considers a Crackdown on Those Spammy Calls From Mortgage Lenders. Legislation would curb ‘trigger leads,’ whereby credit bureaus sell your mortgage application information to competing lenders – Wall Street Journal 
  • Trump has a plan to remake the housing-finance system. It’s baffling to many lawmakers and experts. The question of what to do with Fannie and Freddie, the two dominant mortgage financiers, has bedeviled policymakers for decades. – Politico


On sales, permits, starts, and supply:    

  • More Home Listings Are Paving the Way to a Buyer-Friendly Market – Realtor.com
  • 32 housing markets where tight inventory still favors sellers. Among the nation’s 200 largest metro area housing markets, 32 markets at the end of May 2025 still had at least 50% less active inventory than in May 2019. – Fast Company
  • New Real-Estate Math: Half a Million More Sellers Than Buyers. New listings haven’t been enough to jolt the housing market out of its slumber – Wall Street Journal
  • Permit Activity Weakens in April 2025 – NAHB
  • 3rd Look at Local Housing Markets in May – Calculated Risk
  • Builder Sentiment at Third Lowest Reading Since 2012 – NAHB
  • Housing Market Index and Single Family Starts – Calculated Risk
  • Housing Starts Decreased to 1.256 million Annual Rate in May – Calculated Risk
  • Sharp Drop in Multifamily Production Brings Overall Housing Starts Down – NAHB
  • US single-family housing starts rise in May; permits slump – Reuters
  • US housing construction falls to 5-year low as tariffs weigh on sector. Signs of property market weakness come hours ahead of Federal Reserve’s decision on interest rates – FT
  • Single-Family Home Construction Stays Muted in May as Builders Grapple With Rates and Tariffs – Realtor.com
  • There Are Nearly 15 Million Vacant Homes in America—Here’s Where Most of Them Are – Realtor.com
  •  Buyer-Friendly Housing Market Grows as Home Prices Hold Steady – Realtor.com
  • Housing’s Woes Are a Leading Indicator – Wall Street Journal
  • Housing Starts Weaken Amid Gloomy Builder Sentiment – Wall Street Journal
  • The housing market slump is getting worse – Axios


On other developments:    

  • Household Real Estate Asset Value Falls to Start the Year – NAHB
  • Here’s how Trump’s ‘big beautiful bill’ would impact housing – CNN
  • Why did those apartments for the poor cost D.C. more than $1 million each? – Washington Post
  • The affordability gap: Is home ownership still within reach in today’s economy? – JP Morgan Chase
  • Home Flipping Profits Drop in First Quarter – ATTOM
  • The 10 states where homeownership will most be out of reach in 5 years. These 10 states are projected to have the largest gaps between income and homeowners in five years – Quartz
  • Can You Guess the Hidden Costs of Homeownership? – New York Times

Posted by at 5:00 AM

Labels: Global Housing Watch

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