US Housing View – May 22, 2026

On prices, rent, and mortgage:    

  • MBA: Mortgage Delinquencies Increased in Q1 2026 – Calculated Risk
  • Prices: Groceries, Mortgages, Stocks vs. Bonds – Jared Bernstein
  • US pending home sales  increase further; higher mortgage rates remain a constraint – Reuters
  • A Risky, Unconventional Mortgage Is on the Rise Again. Share of mortgages using alternative lending practices doubled in recent years, with lenders trying to get more business in a stalled housing market – Wall Street Journal


On sales, permits, starts, and supply:     

  • Part 1: Current State of the Housing Market; Overview for mid-May 2026 – Calculated Risk
  • Part 2: Current State of the Housing Market; Overview for mid-May 2026 – Calculated Risk
  • Single-Family Permits Continue to Weaken in Early 2026 – NAHB
  • Who Drives Remodeling Spending? – NAHB
  • Delivering value: Building housing on Postal Service property – Brookings
  • Builder Sentiment Posts Gain in May but Significant Affordability Challenges Persist – NAHB
  • Home seller profits are collapsing in Florida — and surging in Michigan. Home sale returns fell in most markets in early 2026. ATTOM tracked profit margins for 128 metro areas in Q1 2026 to identify who gained and who lost – Quartz
  • Homebuilder Confidence Perks Up as Congress Eyes Housing Reform Package – Realtor.com
  • New home construction dropped hardest in these 5 U.S. states. Homebuilding lagged in parts of the U.S. in 2025. The Building Permits Survey measured all 50 states on housing permits to find the steepest drops – Quartz
  • Los Angeles Tried to Tax Mansions. Apartment Construction Tanked. Developers say the levy is making L.A.’s housing shortage worse. The city is considering changes. – Wall Street Journal
  • Housing Starts Decreased to 1.465 million Annual Rate in April – Calculated Risk


On other developments:    

  • U.S. housing: Unaffordable to buy, but wealth-building to own – Dallas Fed
  • White House, Senate skeptical about House’s amended housing bill. The House-amended version of a housing supply and homeownership bill bucks the directive of the Senate to pass the upper chamber’s bill. – Politico
  • White House amps up pressure on House Republicans to support Senate housing bill. The White House is pushing the House to accept a Senate-passed housing affordability package. – Politico
  • Johnson: House will amend stalled housing bill despite White House, Senate GOP pushback. Republicans are eager to advance a housing affordability package that’s central to their midterm messaging. – Politico
  • Schumer keeps options open on housing bill as cross-chamber tensions rise. The White House and the architects of the Senate bill have pushed back against the House-amended housing affordability package. – Politico
  • House GOP leaders plan housing bill vote despite Trump ultimatum. The president demanded Republicans add the SAVE America Act to the bipartisan affordability bill. – Politico
  • Key Questions Remain as Housing Bill Returns to Congress This Week – Realtor.com
  • A Housing Bill That Would Hurt Housing. House Republicans improve a lousy Senate bill, but not enough to make it worth saving. – Wall Street Journal
  • House Passes Housing Bill, Uniting on a Measure to Bring Down Costs. The legislation, which had been stalled amid Republican divisions, passed overwhelmingly, signaling an eagerness in both parties to address affordability in an election year. – New York Times
  • Newly Passed Housing Bill Throws Lifeline to Home Builders. House measure leaves out Senate provision that would have forced developers to sell rental homes within seven years – Wall Street Journal
  • Housing Market Silver Linings: Why Homebuyers Are Finding Relief Despite ‘Inflation Contagion’ – Realtor.com
  • Is the frozen housing market starting to thaw? – JP Morgan
  • Lowering the Cost of Living for American Families. As families struggle to make ends meet amid rising costs, the Center for American Progress’ affordability agenda would save a typical family $4,133 per year across housing, health care, utility bills, and groceries. – Center for American Progress
  • These Parents Are Buying Homes for Their Kids—With Strings Attached. The least affordable prices in decades have turned a milestone of independence into a family affair – Wall Street Journal
  • Zombie Foreclosures Rise in Most States in Second Quarter – ATTOM

Posted by at 5:00 AM

Labels: Global Housing Watch

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