US lawmakers highlight the surge in billionaire wealth since Trump’s presidency, while data shows rising cost-of-living pressures, record-high multifamily housing vacancies, ChatGPT service disruptions, Amazon’s push for 30-minute delivery, and persistent challenges in both new and used car markets.
#YonhapInfomax #BillionaireWealth #USHousing #Amazon #ChatGPT #UsedCarMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93987
[Wall Street Talk] US Lawmaker Says Billionaires’ Wealth Surged After Trump Took Office

US lawmakers highlight the surge in billionaire wealth since Trump’s presidency, while data shows rising cost-of-living pressures, record-high multifamily housing vacancies, ChatGPT service disruptions, Amazon’s push for 30-minute delivery, and persistent challenges in both new and used car markets.

Yonhap Infomax
Realtor.com forecasts that US homebuying affordability will improve in 2026 for the first time since 2020, as mortgage rates ease and price growth slows, with monthly payments projected to fall below 30% of median income.
#YonhapInfomax #RealtorCom #USHousing #Affordability #MortgageRates #MedianIncomeRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93925
Realtor.com Expects US Homebuying Conditions to Improve Next Year for First Time Since 2020

Realtor.com forecasts that US homebuying affordability will improve in 2026 for the first time since 2020, as mortgage rates ease and price growth slows, with monthly payments projected to fall below 30% of median income.

Yonhap Infomax

Harvard Joint Center for Housing Studies‬

The report found that home prices across the country are up 60% since 2019 — and rising. Here are five takeaways from the report for local government leaders.

https://www.smartcitiesdive.com/news/5-takeaways-from-harvards-2025-state-of-housing-report/756923/

#Affordablehousing #housing#HarvardJointCenterHousingStudies
#UShousing #Housingmarket

5 takeaways from Harvard’s 2025 state of housing report

Record unaffordability and looming federal funding cuts are driving housing uncertainty, a Joint Center for Housing Studies report warns. Here’s what local government leaders should know.

Smart Cities Dive
US #BuildingPermits rose to 1.475M in August, beating forecasts of 1.410M.
#HousingStarts increased to 1.356M, above the expected 1.310M.
Housing Starts (MoM) surged 9.6%, recovering from last month's -6.9% decline.
#USHousing #Economy #US #RealEstate
The U.S. S&P/Case-Shiller 20-City Home Price Index rose 6.5% YoY in June, slightly above the 6.2% forecast but down from 6.9% in May. On a MoM basis, the index increased by 0.6%, cooling from the previous 1.0%. #USHousing #HomePrices #SPCaseShiller
#US #HousingStarts (MoM) for April surged by 5.7%, following a previous decline of -16.8%. The actual number of Housing Starts in April stood at 1.360M, slightly below the consensus of 1.420M but higher than the previous figure of 1.287M. #USHousing #EconomicIndicators
Here are Wall Street's predictions for the US housing market in 2024

The US housing market could start to thaw in 2024, but experts are divided on where it's headed next.

Insider
The Independent UK

Mayors: Affordable housing demand is crushing us

“At the end of the day, as mayors, people aren’t looking to their senators to solve homelessness. ... They’re looking to their mayor,” San Francisco Mayor London Breed said at the U.S. Conference of Mayors.

POLITICO