Working papers and conferences:
Did the Modern Mortgage Set the Stage for the U.S. Baby Boom? – NBER
Ownership Profile of Single-Family Residence Properties in Philadelphia: A Focus on Large Corporate Investors – Philadelphia Fed
Non-Homothetic Housing Demand and Geographic Worker Sorting – SSRN
Testing for Persistence in Real House Prices in 47 Countries from the OECD Database – SSRN
Housing Wealth Across Countries: The Role of Expectations, Institutions and Preferences – SSRN
Fifty-Year-Olds and the Housing Demand Channel of Monetary Policy – SSRN
On the US—developments on house prices, rent, permits and mortgage:
The outlook for the US housing market in 2025. With several variables impacting the U.S. housing market — from soaring home prices to rock-bottom demand — where’s the sector headed in 2025? – J.P. Morgan
Trump Housing Market Warning Issued by JPMorgan Chase – Newsweek
Four Housing Market Predictions For Industry Professionals To Watch In 2025 – Forbes
Housing Prices Are Stuck, and So Is the Fed – Barron’s
MBA: Mortgage Delinquencies Increased Slightly in Q4 2024 – Calculated Risk
Mortgage Applications Increase in Latest MBA Weekly Survey – Mortgage Bankers Association
Fannie Mae Underpins the Mortgage Market. Should the Government Sell It? Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump administration is considering letting them go private again. – New York Times
1st Look at Local Housing Markets in January – Calculated Risk
2nd Look at Local Housing Markets in January – Calculated Risk
Is it a buyer’s or seller’s housing market? Zillow’s analysis for over 200 metro areas. This interactive housing market map shows where sellers—and buyers—have the most power right now. – Fast Company
The Top 10 Metros With the Largest Home Price Increases – Realtor.com
Part 1: Current State of the Housing Market; Overview for mid-February 2025 – Calculated Risk
Monthly U.S. Foreclosure Activity Increases in January 2025 – ATTOM
Home Values in Opportunity Zones Continue to Ride Coattails of National Gains During Fourth Quarter – ATTOM
On the US—other developments:
Will Trump Tariffs Harm Home Affordability? Navigating construction material prices amid the new administration’s recent tariffs – CoreLogic
Canada and Mexico tariffs risk inflating US housing crisis, Trump is warned – The Guardian
From Missing Middle Housing to Gentle Density: Identifying Affordable Housing Trends Through Policy Tracking – Fiscal Note
Builders’ Top Challenges for 2025 – NAHB
Owning a Home More Affordable Than Renting Across U.S. but Both Still Pose Significant Burdens – ATTOM
Overall Housing Sentiment Ticks Higher Despite Consumers’ Growing Affordability Concerns. Sharply Higher Share of Survey Respondents Expects Rent Prices to Rise – Fannie Mae
Affordable housing is in short supply across the US. Atlanta may have found a way forward. Mayor Andre Dickens is turning to Atlanta’s own land and resources to create new development opportunities – The Guardian
A Sore Spot in L.A.’s Housing Crisis: Foreign-Owned Homes Sitting Empty. International buyers, particularly from China, have contributed to the hundreds of thousands of vacant properties in Los Angeles County – Wall Street Journal
Non-Cash Rentals House More than Two Million Renters Affordably – Harvard Joint Center for Housing Studies
Aging Boomers Are About to Rekindle the Senior-Housing Market. The oldest baby boomers turn 80 in less than a year, and the senior housing market is moving from glut to shortage – Wall Street Journal
Investing in housing: Unlocking economic mobility for Black families and all Americans – McKinsey
How to house all Americans. Henry Cisneros and Cullum Clark discuss how to finally end the U.S. housing crisis – George Bush Institute
Where Were the Top 15 Cities for Home Sales Growth in 2024. Although U.S. home sales decreased in 2024 compared with 2023, some metro areas still posted substantial sales growth – CoreLogic
Zillow Revenue Grows but Outlook Collides With Subdued Housing Market. Home-listing site projects gains will continue despite challenges including high mortgage rates that have dampened the housing market – Wall Street Journal
Housing Unaffordability Is A Policy Choice Not A Technology Problem – Forbes
The prophet of parking. A eulogy for the great Donald Shoup – The Works in Progress Newsletter
D.C. mayor proposes permanent rollback of pandemic-era housing protections. Mayor Muriel E. Bowser said the legislation is an attempt to support affordable housing providers who are in crisis mode over unpaid rent. Tenant advocates are worried. – Washington Post
Multifamily Developer Confidence Reflected Mixed Results in the Fourth Quarter – NAHB
On China:
Why China Can’t Sort Out Its Property Market Mess – Bloomberg
China’s Property Crisis Enters a Dangerous New Phase. Risks grow as authorities are forced into a first mainland rescue and iconic Hong Kong developer New World’s bonds sink into distress. – Bloomberg
Regional Differences and Dynamic Evolution of House Price Bubble Risks in Provincial Areas of China – SSRN
On Australia and New Zealand:
[Australia] The U.S. Housing Market vs. The Australian Housing Market – A Wealth of Common Sense
[New Zealand] New Zealand hints at letting more foreign investors buy homes – The Straits Times
On other countries:
[Andorra] Andorra’s Residential Property Market Analysis 2025 – Global Property Guide
[Belgium] Belgium’s Residential Property Market Analysis 2025 – Global Property Guide
[Canada] Canada’s housing market outlook: Sustaining recovery in uncertain times – RBC
[Hungary] Hungary’s Residential Property Market Analysis 2025 – Global Property Guide
[Ireland] Tackling housing challenges and reducing public finance vulnerabilities would boost Ireland’s economic resilience and living standards – OECD
[Portugal] Portugal court spares big banks from paying millions in fines for mortgage collusion – Reuters
[Romania] Romania’s Residential Property Market Analysis 2025 – Global Property Guide
[Saudi Arabia] Saudi Arabia’s Residential Property Market Analysis 2025 – Global Property Guide
[Spain] New forecasts for the Spanish real estate sector: the expansionary cycle takes hold in 2025. In 2024, Spain’s real estate market enjoyed a remarkable recovery, with a significant increase in both house prices and sales. Factors such as the growth of gross disposable income, foreign demand and falling rates drove this trend. In this article, we unveil our forecasts for 2025 and explain why we expect this boom to continue. – CaixaBank
[United Kingdom] The problem with taxing overseas homebuyers. The UK has tinkered with taxes on foreign buyers for a decade — but has it actually helped locals? – FT
[United Kingdom] UK house prices jump as tax deadline looms, lender Halifax says – Reuters
[United Kingdom] UK house prices jump to new high as stamp duty rise looms, says Halifax. Average property price increases by 0.7% in January to record £299,138 as market starts year ‘on positive note’ – The Guardian
[United Kingdom] UK Housing Market’s Spring Could Come Early. Declining rates and limited supply point to stronger property prices. – Bloomberg
[United Kingdom] UK housing market cools in January but surveyors stay upbeat – Reuters
[Vietnam] Vietnam’s Residential Property Market Analysis 2025 – Global Property Guide