Longer-form thinking on where the market goes.
56 white papers

Analysis of Ontario's residential housing crisis and underlying development challenges.

Analysis of potential policy impacts from the 21st Century ROAD to Housing Act on U.S. housing supply dynamics.

Commentary on Canada's foreign buyer restrictions and the need to examine actual capital flows in residential markets.
There was a time when buying a home in Ontario was considered a realistic milestone of adulthood. For many young people today, it feels more like winning the lottery. A striking new poll conducted on behalf of Royal LePage found that 55% of Greater Toronto Area residents would consider moving to a more affordable…

Bij de Nederlandse woningbouwopgave gaat veel aandacht uit naar stikstof, vergunningen, ruimtelijke ordening en personeelstekorten. Maar daarmee raakt een fundamenteler probleem onderbelicht: de beschikbaarheid van kapitaal, schrijven vastgoedfinancieringsexperts Roel van de Bilt en Rob Wismans in hun nieuwste…

Experts say Korea's 2026 real estate tax reform may cap sharp home price surges but will push mid-range housing and rental prices higher, worsening the jeonse shortage.

Arizona’s residential building sector continues to be one of the state’s main economic engines thanks to the state’s consistent population expansion, growing suburban areas, and continuous need for home upkeep and restoration. While housing supplies, labour difficulties, and material costs receive a lot of…

SpaceX has created thousands of new millionaires, but long-time residents in Brownsville may soon feel the pinch of higher property tax bills. The post What Brownsville’s SpaceX Boom Means for Homeowners’ Tax Bills appeared first on Texas Real Estate Research Center .

Takeaway: Mortgage rates will largely stay the same for now as the Fed opts against hiking and says little about future plans. There was a historically high level of uncertainty going into this meeting, but ultimately, the Fed decided against hiking today because financial markets did their work for them. The…

The nation’s worsening housing shortage has collided with a macroeconomic environment that makes it difficult for developers to start new projects, and states across the country are looking for new ways to help advance development. A 2-year-old program...

The housing market has changed greatly since the COVID-19 pandemic, along with consumer spending behaviors. During this period, housing demand surged, home prices appreciated rapidly, inflation increased, supply-chain disruptions happened, and mortgage rates moved from historic lows to elevated levels. These…

LARGE-scale regeneration schemes risk creating a sense of ‘cultural displacement’ among older residents, a University of Manchester report has warned. The report’s authors said that regeneration must do more than build new homes and infrastructure, with investment also needed in community centres, faith spaces,…

The Fifth Estate - While Australia continues to invest in factories, automation and manufacturing capacity, governments are beginning to build the rules that determine whether factory made housing can move through the wider building system with confidence. Australia’s evolving MMC – a national perspective on policy…

Het beleid gericht op meer betaalbare woningen in de nieuwbouw zorgt niet voor meer betaalbare woningen op de totale Nederlandse woningmarkt.

Opinion piece argues that Los Angeles' Measure ULA transfer tax is suppressing multifamily housing production and causing significant economic harm, citing a RAND report showing 30% decline in apartment building starts and 16,650 lost construction jobs since 2023.
Expert analysis exploring the role of premium housing segment in driving growth within India's residential real estate market.

An article exploring the adoption of green building practices and sustainability trends in the residential homeownership market.
Housing data shows how million-dollar homes, buyer behavior, affordability, and transfer taxes shape housing markets and mobility.

Curious which type of home is leading today's housing market? Lawrence Yun explains the latest trends and what they mean for today's buyers and sellers.
This is a viewpoint commentary published by Cushman & Wakefield in July 2026 examining the housing multiplier effect in Australia, with coverage spanning the office, industrial, homebuilders, single-family rental, and affordable housing sectors. The piece focuses on the Australian market, with particular emphasis on Sydney.

Walker & Dunlop examines the transition of factory-built affordable housing from pilot initiatives to scalable market solutions.
A profile of HRE Development's strategy in Dubai's real estate market, examining how early project delivery and regulatory frameworks are reshaping competitive dynamics.

While the outlook for mortgage rates remains uncertain, a decline could unlock the housing market. The post What Happens to Housing if Mortgage Rates Fall? appeared first on Texas Real Estate Research Center .

How a new Fed chair could lead to greater housing market stability and favorable market conditions for future homebuyers. The post Kevin Warsh and the Housing Market Outlook appeared first on Texas Real Estate Research Center .
Ballooning U.S. federal debt and fiscal policy has already cost borrowers approximately $76,000 over the life of a 30-year mortgage at the median home value. The post Federal Debt Growth: A Rising Risk to the Real Estate Market appeared first on Texas Real Estate Research Center .
Despite mortgage rates above 6 percent, Texas saw record seller activity in 2024–25, driven largely by existing homeowners. Life events, price gains, and market adjustment suggest the lock-in effect is easing. The post Is the Low-Rate Lock-In Grip Finally Loosening? appeared first on Texas Real Estate Research Center .
As policymakers look to grease the wheels of the housing market, one proposal would allow homeowners to carry their existing mortgage rate to a new primary residence. The post Mortgage Portability: A Win for Locked-In Homeowners, But at What Price? appeared first on Texas Real Estate Research Center .
The Housing Phillips Curve reveals an inverse link between inventory and price growth. It offers insights into housing cycles and affordability challenges and guides policymakers and households in navigating post-pandemic market dynamics. The post Inventory and Price Growth: Applying the Phillips Curve to Housing…

The Fifth Estate - Weather events regularly cause catastrophic damage to property across Australia. Yet, for decades, Australia has treated natural disasters as temporary shocks to the housing market. When floods become business as usual, property values stop recovering is a story from The Fifth Estate ,…
The Fifth Estate - The solutions to the building defect problem must be multipronged and address incentives and capacity, writes Andrea Sharam. And building code enforcement is essential to a properly functioning insurance system and to consumer rights. Code compliance and raising builders’ margins are key to…

The first policy speech by Prime Minister-in-waiting, Andy Burnham, coincided with the release of the latest Sentiment Survey undertaken by the House Builders Federation in collaboration with Quantum Development Finance, writes Richard Hemmings of Quantum Development Finance. The post Burnham’s ‘housing trap’: Why…

Housing market conditions are gradually moving away from the extreme tightness that defined the post-pandemic period. Although most estimates still indicate that the U.S. is structurally underbuilt by several million housing units, recent housing stock growth has outpaced population growth, lifting vacancy rates…
The city's overhaul of permitting, plan review, and long-range planning offers practical lessons for municipalities seeking to speed housing and commercial development.

Congress’ passage of the 21st Century ROAD to Housing Act, which became law this past weekend without President Trump’s signature, marks “one of the most significant federal housing reform efforts in decades, reflecting a bipartisan shift toward addressing the nation’s affordability problem,” Marcus & Millichap…

McKinsey’s Alex Wolkomir discusses how housing leaders can win with AI by improving customer experiences, redesigning workflows, and building trust between parties in the ecosystem.
AFIRE Summit #19 examines whether migration patterns from coastal to Sunbelt regions are meaningfully constrained by NIMBYism and local zoning policies affecting housing supply.

Interview or commentary featuring LGI Homes leadership discussing company strategy, market positioning, and approaches to housing affordability in the current environment.

July 2026 Housing commentary focuses too heavily on First Home Buyers and Investors. This is because they are easy to measure and politically visible. Charter Keck Cramer research shows that the more important cohort is the Next Time Buyer. These are existing homeowners who re-enter the market to move, resize,…

Analysis examining the structural relationship between housing supply constraints and affordability across different price segments in the U.S. residential market.

Research exploring the motivations and barriers affecting move-up homebuyers and strategies to encourage their participation in the market.

John Burns Research and Consulting examines the factors deterring homebuyer activity in the current market environment.

Examines the role of tax incentives as policy tools in supporting residential development and housing market expansion.

NAR Chief Economist Lawrence Yun discusses the actual impact of distressed properties on the housing market.

Gerald Eve examines policy and financial mechanisms to accelerate residential development activity in the London market.

Freddie Mac analysis examining spending patterns between homeowners with locked mortgage rates and renters facing rising housing costs.

This piece was originally published on Forbes on June 8, 2026. Gen Z is coming of age in an economy where the traditional path to prosperity no longer works, and instead of giving up, they’re beginning to build new ones. For 70 years, the American Dream followed a predictable sequence: school, job, promotion,…

Breakdown of the bipartisan 21st Century Road to Housing Act and its provisions for housing production and affordable housing.

John Burns Research and Consulting's 2026 Executive Housing Summit gathered 150 housing industry executives (27% private equity, 18% banks/lenders, 10% land developers, and others) in Laguna Beach to discuss market conditions and strategic positioning. The summit's eight key takeaways indicated housing executives maintain cautious outlooks with split sentiment through 2029, entitled land development has become the top risk-adjusted investment, equity raising has slowed while debt and land banking gain market share, entry-level buyers face affordability pressures while affluent segments show strong demand, rental policy tailwinds exist alongside technology scaling opportunities, and artificial intelligence requires multiyear data cleanup efforts before strategic adoption.

Passed unanimously out of the Senate Banking Committee, the ROAD to Housing Act embraces solutions to the housing affordability crisis like zoning reform and streamlining rules to encourage more homebuilding. For the first time since the foreclosure crisis, U.S. Congress has taken meaningful action to make housing…

23 April 2026 There is real merit in making changes to the Capital Gains Tax (CGT) discount and Negative Gearing in Australia. Given we have a national housing crisis, this debate needs to include the State and Territory Governments, and it is essential to also bring Stamp Duty, Land Tax and the various Foreign…

The CEO Perspective, by Michael Brooks January 21, 2026 I spent much of my downtime over the holidays catching up on the myriad reports released by various government, not-for-profit, and for-profit entities that describe Canada’s housing challenges. The language that […] The post Re-Assessing the Housing Problem…
Lennar reported Q2 2026 earnings showing its average sales price per home fell 4.6% year-over-year to $371,000 (down 24.4% from Q3 2022 peak), reflecting approximately 12.9% in incentives and base price adjustments to sustain sales volume in an affordability crisis. The company increased deliveries by 2% to 20,519 homes and cut construction costs by 13% over several years, but gross margin fell to 15.6% from 17.8% year-over-year, while net income plunged 36% year-over-year to $305 million and Lennar's stock price declined 49% from its September 2024 peak.
I’ve been thinking about this for some time. After 21 years of writing this blog almost daily, I’ve decided to stop writing the daily updates on the blog. However, the economic data "IV" is still in my arm, and I’ll be writing a weekly economic summary at the end of each…

John Burns Research and Consulting reviews homebuilder incentive strategies designed to boost sales without reducing base prices amid muted new home demand.

Morgan Stanley analyzes why Fed rate cuts alone may not revive the US housing market, identifying the additional factors needed for a meaningful recovery.

Morgan Stanley explores how higher mortgage rates and limited supply are reshaping affordability, and why homeownership may remain out of reach for many buyers.