On cross-country:
- Global warming is coming for your home. Who will pay for the damage? – The Economist
- Homeowners face a $25trn bill from climate change. Property, the world’s biggest asset class, is also its most vulnerable – The Economist
- What’s the future for cities in the postpandemic world? – McKinsey
Working papers and conferences:
- Are friends electric? Valuing the social costs of power lines using house prices – LSE
- Income Inequality, House Prices, and Housing Regulations – SSRN
- Residential Housing Investment and Local Corruption: Evidence from the Chinese Housing Market – SSRN
- Generative AI and Price Discrimination in the Housing Market – SSRN
- The Prospect of Upward Housing Mobility: Future Homeownership Likelihood and Voter Behaviour in the United Kingdom – SSRN
- “It makes me sound like I’m a NIMBY; I’m not:” Local Political Norms and Liberal Support for Housing – SSRN
- A Search and Matching Model of Housing and Rental Market Interactions – SSRN
On the US—developments on house prices, rent, permits and mortgage:
- Freddie Mac Mortgage Rates Climb to 6.88% – Realtor.com
- Stay Put or Pay Up: Home Buyers Lose Hope for Lower Rates. Housing market affordability isn’t getting any better, with inflation keeping mortgage costs high – Wall Street Journal
- Single-Family Permits Performing Well in February 2024 – NAHB
- Airbnb says renters should be able to list their homes to make extra cash, too. The company is working with city and state governments to advocate for short-term rental rules – Quartz
- Inflation Comes for the Housing Market. Prices and mortgage rates are climbing as Wall Street bets that interest rates will remain higher for longer. – New York Times
- More renters worry ownership beyond their reach – Axios
- Boomers Bought Up the Big Homes. Now They’re Not Budging. Many empty-nesters are staying put rather than downsizing, keeping housing inventory tight – Wall Street Journal
- A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up. On a scale not seen in decades, many Americans are stuck in homes they would rather leave. – New York Times
- U.S. Home-Builder Sentiment Unchanged as Buyers Spurn High Mortgage Rates – Barron’s
- Single Family Starts Up 22% Year-over-year in March; Multi-Family Starts Down Sharply. Housing Starts Decreased to 1.321 million Annual Rate in March – Calculated Risk
- Lawler: Early Read on Existing Home Sales in March – Calculated Risk
- 4th Look at Local Housing Markets in March; California Home Sales Down 4.4% YoY in March – Calculated Risk
- Rents Are the Fed’s ‘Biggest Stumbling Block’ in Taming US Inflation. Rent increases are taking longer to moderate in the Northeast and Midwest than in the West and South. – Bloomberg
On the US—other developments:
- The Hidden Costs of Homeownership Are Skyrocketing. Rising insurance premiums, property taxes and maintenance costs show little sign of abating – Wall Street Journal
- Part 2: Current State of the Housing Market; Overview for mid-April 2024 – Calculated Risk
- 3rd Look at Local Housing Markets in March – Calculated Risk
- Homeowners insurance is a stealth inflation driver – Axios
- Most Home Buyers Want One, Medium-Sized Home Office – NAHB
- Continued Easing of Remodeling Declines Expected into 2025 – Harvard Joint Center for Housing Studies
- New York Is Passing a Big Housing Deal. Everyone Is Grumbling. The deal includes ‘good cause’ eviction protections in exchange for more new developer tax breaks – New York Times
On China:
On other countries:
- [Australia] Quarterly states and territories chart pack: Spotlight on state housing markets – EY
- [Australia] Nimbys v Yimbys: the affluent inner Melbourne suburbs that aren’t pulling their weight on housing. Exclusive: Housing advocacy group says amenity-rich eastern suburbs must be rezoned to accommodate thousands of new homes – The Guardian
- [Brazil] Brazil’s housing market remains healthy – Global Property Guide
- [Canada] Canada’s banking regulator announces cap on banks’ mortgages to highly indebted borrowers – The Globe and Mail
- [Canada] Canada’s Housing Plan – Prime Minister of Canada
- [Canada] Trudeau’s Housing Gambit Has Business Worried About Tax Hikes. Finance minister has pledged to keep deficit at C$40 billion. Government has announced billions to address housing shortage – Bloomberg
- [Canada] Canada to allow some first-time home buyers to pay off mortgage in 30 years – Reuters
- [Canada] How Canada’s housing obsession is cannibalizing economic productivity – Globe and Mail
- [Canada] Home Prices Dip in Canada as Buyers Await Lower Mortgage Rates. Sales up slightly in March but remain below long-term average. Traders see summer rate cuts from the Bank of Canada – Bloomberg
- [Georgia] Georgia’s house price growth continues to accelerate – Global Property Guide
- [Ireland] Ireland to extend levy waiver for homebuilders, minister says – Reuters
- [Ireland] Ireland Must Speed Up Planning System on Housing, Makhlouf Warns – Bloomberg
- [Netherlands] Dutch House Price Increases Accelerating; Credit Performance Strong – Fitch Ratings
- [New Zealand] New Zealand house prices fall slightly due to higher stock levels, REINZ says – Reuters
- [Singapore] Singapore Home Sales Rise Most in Four Months on Launches. Sales were helped by ‘one-off’ spurt from suburban project. High interest rates are likely to weigh on the recovery – Bloomberg
- [United Kingdom] How US Inflation Can Affect UK House Prices. It is, of course, all about interest rate expectations. – Bloomberg