Lennar Further Cuts Average Sales Price of New Homes, to Lowest since 2017, -25% from Peak: That’s what this Housing Market Needs by Wolf Richter • Dec 17, 2025 • 65 Comments Lower prices & lots of new supply. Deliveries & backlog rose. Profit margins, profits, & shares plunged.
The Most Splendid Housing Bubbles in America: Price Drops & Gains in 33 Large Expensive Metros in November 2025 by Wolf Richter • Dec 16, 2025 • 49 Comments Every housing market dances to its own dynamics.
The Fed Should Look at Private-Sector Jobs Growth and Not Get Distracted by the Massive Federal Government Job Cuts by Wolf Richter • Dec 16, 2025 • 88 Comments Federal government slashed 172,000 jobs in 3 months, Private Sector gained 225,000, the most since May.
Treasury Yield Curve Steepens Sharply, Yields from 2 Years to 30 Years Have Risen as the Fed Cut Three Times this Year by Wolf Richter • Dec 15, 2025 • 92 Comments The bond market faces the duo of Inflation and Supply.
US Government Sold $602 Billion of Treasuries this Week, 10-Year Treasury Yield Bounces Back to 4.20%, 30-Year Yield to 4.86%, Highest since Sep 4, after Fed Cuts by Wolf Richter • Dec 12, 2025 • 95 Comments All of it to fund the ballooning debt that hit $38.4 Trillion. Shift to T-bill issuance has begun.
THANK YOU 💖 for Your Wonderful Support of WOLF STREET!!! And if You Missed the Fall Reminder: Please Donate by Wolf Richter • Dec 11, 2025 • 11 Comments Your support keeps Wolf Street open to all, not hidden behind a paywall, to reach the largest audience possible.
Layoffs Show No Signs of a Weakening Labor Market by Wolf Richter • Dec 11, 2025 • 47 Comments If the labor market is weakening, it’s on the job-creation side of the equation, maybe in part due to AI.
Why the Fed’s “Reserve Management Purchases” Are Not QE by Wolf Richter • Dec 11, 2025 • 54 Comments The Fed reverts to pre-2009 balance sheet management where the balance sheet grows with or less than the economy.
This Fed Meeting Must Have Been an Epic Circus by Wolf Richter • Dec 10, 2025 • 164 Comments Amid 3 dissenters in both directions, FOMC cuts by 25 basis points. “Dot Plot” sees 1 cut next year, 3 members see 1 hike. Reserve management purchases of T-bills begins.
CEO of ICE on Making Mortgages “Portable” & “Assumable” in the Era of MBS, and on AI at ICE and its Impact on Hiring by Wolf Richter • Dec 10, 2025 • 36 Comments “I look at our own behavior, which is we’re kind of slow walking some of that kind of hiring now because we’re using these tools.”
