US Housing View – June 12, 2026

On prices, rent, and mortgage:    

  • Mortgage Rates Increase Further as Inflation Remains Elevated – NAHB
  • Mortgage Applications Retreat in May, with ARMs Gaining Share – NAHB
  • June ICE Mortgage Monitor: “Annual home price growth was 1.0% in mid-May” – Calculated Risk
  • ‘Rent now, pay later’ loans target US consumers squeezed by housing costs. Demand for short-term financing expands into rental market amid deepening affordability crisis – FT
  • Rent Is So High, New Yorkers Are Living With Nuns. Convent boarding houses are affordable and clean, but there are rules: curfews, chores and sometimes nuns who vet boyfriends. – Wall Street Journal


On sales, permits, starts, and supply:     

  • 1st Look at Local Housing Markets in May – Calculated Risk
  • NAR: Existing-Home Sales Increased to 4.17 million SAAR in May. Median House Prices Increased 1.3% Year-over-Year – Calculated Risk
  • May Home Sales Notched Their Biggest Rise This Year. Easing mortgage rates and an increase in inventory lured back buyers, boosting sales 3.2% for the month – Wall Street Journal
  • Home Building Regulatory Cost Burdens Increased 40% from 2021 to 2026 – NAHB
  • The US Is Building More Housing Near Transit, But Not Nearly Enough. Since the 1980s, many cities have embraced transit-oriented development policies to encourage more walkable neighborhoods. A new analysis shows how far they’ve come. – Bloomberg


On other developments:    

  • Homelessness Declines but Remains Near Record High – Harvard Joint Center for Housing Studies
  • A housing market on the precipice: New insights from the DMV Monitor – Brookings
  • May 2026 Monthly Housing Report: Sellers Are Meeting the Market—and Buyers Are Showing Up – Realtor.com
  • In These Cities, the Housing Market Runs on Generational Wealth – Realtor.com
  • Addressing the Housing Affordability Crisis Requires Increasing Housing Supply and Expanding Rental Assistance – Center on Budget and Policy Priorities
  • Foreclosure Filings Dip Month-Over-Month While Annual Trend Continues Upward – ATTOM
  • These Young Politicians Want to Fix America’s Housing Problems. A cohort of young Millennial and Gen Z politicians have centered their campaigns this year on housing costs, and the divide is more generational than partisan. – New York Times

Posted by at 5:00 AM

Labels: Global Housing Watch

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