On prices, rent, and mortgage:
- Mortgage Interest Rates Today: Mortgage Rates Dip to 6.26% Following Long-Awaited Fed Cut – Realtor.com
- How the Fed’s rate cut impacts mortgage rates – AP
- Mapping Home Price Changes – New York Fed
- Household Formation Drives Housing Demand – Calculated Risk
- Housing prices are causing some people to have smaller families than planned – NPR
On sales, permits, starts, and supply:
- Lennar’s Profit Sinks as Housing Market Remains Stalled. The homebuilder’s profit fell for a fourth consecutive quarter – Wall Street Journal
- 3rd Look at Local Housing Markets in August – Calculated Risk
- Single-Family Homes Are Built Faster in 2024 – NAHB
- Housing Supply Drops Most in 2 Years as Sluggish Demand Spooks Sellers – Redfin
- One reason so many seniors are staying in large homes. Congress should raise capital gains exemptions for seniors to address shortage of homes for sale. – Washington Post
- Home equity loans will keep US housing market tight. Downsizing has become less appealing to older generations, lowering inventory of property sales – FT
- With New Plan, Hochul Fast-Tracks Housing Supply. A new program will put manufactured homes at the center of a statewide effort to make housing more affordable. – New York Times
- California Home Sales Down Year-over-year for 5th Straight Month – Calculated Risk
- Summer 2025 Was the Strongest Buyer’s Market in Records Dating Back Over a Decade – Redfin
- Single-Family Construction Loan Volume Falls Back – NAHB
- New Home Sales Post Unexpected Large Gain in August – NAHB
- New Home Sales increased to 800,000 Annual Rate in August. Median New Home Price is Down 10% from the Peak due to Change in Mix – Calculated Risk
- Existing Home Sales Fall in August Amid Higher Mortgage Rates – NAHB
- NAR: Existing-Home Sales Decreased to 4.00 million SAAR in August. Median House Prices Increased 2.0% Year-over-Year – Calculated Risk
On other developments:
- Introducing JobsWatch – Home Economics
- Building an affordable economy: A three-legged stool strategy – Stanford
- A Three-Legged Affordability Agenda! Just out from the Stanford Institute for Economic Policy Research, by yours truly and the great Neale Mahoney. – Jared Bernstein
- The 6 states with the highest homeownership rates in America — and the 6 lowest. Learn more about the factors shaping homeownership rates. Plus, get homeownership data for 13 U.S. states – Quartz
- The US Abandoned Affordable Housing. We Can Create It Again. – Jacobin
- Trump Appointees Roll Back Enforcement of Fair Housing Laws. Interviews and internal documents show that signature civil rights protections in housing are being dismissed as ideologically driven and D.E.I. in disguise. – New York Times
- U.S. Birth Rates Plummet as Home Prices Surge: Here’s How the Housing Market Is Shaping Family Planning – Realtor.com
- The Fed’s Rate Path Is Too Cautious to Fix Housing. Growing pessimism about a rebound is taking hold among companies tied to residential construction. – Bloomberg
- Four Easy Fixes for the Housing Crisis – New York Times
- Beyond the numbers: Real families, real barriers — and the practical steps to achieving homeownership. Families share how inequities have shaped their housing journeys. Zillow shares what can be done to create a fairer path to homeownership. – Zillow
- Homeownership Costs, Drop in Home Value Hit Black Households Hardest. Minority households are more likely to be cost-burdened, spending more than 30% of their income on mortgage, property taxes, and insurance. – Zillow
- The American Dream Will Now Cost You $5 Million – Realtor.com
- The Fed’s Rate Path Is Too Cautious to Fix Housing. Growing pessimism about a rebound is taking hold among companies tied to residential construction. – Bloomberg
- Third Quarter Sees Homes Grow Less Affordable in Much of Country – ATTOM