US Housing View – May 15, 2026

On prices, rent, and mortgage:    

  • Mortgage Applications Retreats Further in April – NAHB
  • May ICE Mortgage Monitor: “Annual home price growth was 0.9% in April” – Calculated Risk


On sales, permits, starts, and supply:     

  • Big U.S. housing starts slide offers growth warning – Reuters
  • 2nd Look at Local Housing Markets in April – Calculated Risk
  • Spring Housing Market Faces Crossroads With ‘Make or Break’ Trend in New Listings – Realtor.com
  • Residential Building Worker Wages Remain Soft in Early 2026 Amid Slower Housing Activity – NAHB
  • NAR: Existing-Home Sales Increased Slightly to 4.02 million SAAR in April. Median House Prices Increased 0.9% Year-over-Year – Calculated Risk
  • Existing Home Sales Edged Up Slightly in April – NAHB
  • New-Construction Insights: Urban New Builds Are Scarce and Expensive – Realtor.com
  • Housing Market’s Spring Is Shaping Up as a Bust After April Sales Were Flat. Existing-home sales edged up 0.2%, well below economist expectations and extending the industry’s long slump – Wall Street Journal
  • Residential Construction Input Prices Move Higher In April – NAHB
  • The spring housing market is off to a bad start. Sales of existing homes rose just 0.2% in April to a 4.02 million annual rate, far below analysts’ expectations of more than 3% growth – Quartz


On other developments:    

  • April 2026 Hottest Housing Markets – Realtor.com
  • Mapped: Where Housing Takes the Biggest Share of Income – Visual Capitalist
  • Mapped: Where Young Americans Still Own Homes – Visual Capitalist
  • How Measurement Choices Shape the Housing Debate—and the Charts in the President’s Economic Report – Cato Institute
  • Twin Cities region misses its housing marks. For the first time since a set of housing affordability goals were established in 2022, the Twin Cities region failed on all three measures – Minneapolis Fed
  • Wichita Is a Rare Mecca of Affordability for America’s New Middle Class. Duplex boom is attracting middle-income earners to the Midwestern city – Wall Street Journal
  • Roosevelt Institute Expands Housing Policy Work with Residency. Applications open for emerging leaders generating bold policy ideas to expand housing supply – Roosevelt Institute
  • The Return for These Investors Isn’t Money. It’s More Affordable Housing. – Seattle Times  
  • Trump calls on Congress to pass Senate’s housing bill. The president had previously stayed out of a cross-chamber dispute over housing affordability legislation. – Politico
  • ‘We’ve been pretty straightforward’: White House draws a line on housing bill. The White House is mounting pressure on the House to pass the Senate’s housing bill as-is, but the lower chamber is bucking the directive for now. – Politico
  • House Republicans press ahead on reworking Senate housing package. GOP lawmakers are continuing to work on an embattled housing bill, even after the president said he wants the Senate’s version passed. – Politico
  • Rising Housing Costs Keep First-Time Buyers on the Sidelines. The effects of the war in Iran have raised mortgage rates and lowered consumer confidence, making it even harder for house hunters. – New York Times 
  • Is It Too Expensive to Sell a House? Millions of Americans are holding onto empty homes, fearing the tax hit a sale would bring. – New York Times
  • Rising Housing Costs Keep First-Time Buyers on the Sidelines. The effects of the war in Iran have raised mortgage rates and lowered consumer confidence, making it even harder for house hunters. – New York Times
  • Best U.S. cities for first-time homebuyers in 2026, ranked by affordability. First-time buyers in the U.S. now close at the oldest age on record. Realtor.com ranked communities to find the 10 best markets for 2026 – Quartz
  • San Francisco’s Luxury Housing Boom Is a Warning – Bloomberg
  • Rent Is Swallowing Household Incomes. Plus, how politicians are pitching affordability. – New York Times

Posted by at 5:00 AM

Labels: Global Housing Watch

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