Supply of Existing Single-Family Homes Rises to Highest in 10 Years, Condo Supply Highest since 2012, Sales in Deepfreeze by Wolf Richter • May 11, 2026 • 75 Comments April was another bad dud for spring selling season as supply continued to pile up.
Housing Bubble & Bust #1 and #2 as Seen through Employment at Mortgage Lenders and Mortgage Brokers by Wolf Richter • May 8, 2026 • 60 Comments Nonbank mortgage lenders shed 40% of their jobs this time, and loan brokers 38%. They react to demand, which collapsed.
Weirdest U.S. Labor Market I’ve Ever Seen: Supply of Labor Shrinks Further while Private-Sector Jobs Grow by Wolf Richter • May 8, 2026 • 91 Comments Federal government sheds more jobs, now down to 1966 levels. This labor market isn’t bad, just weird.
Prices of Used EVs Spike, from already Lofty Levels, as Gasoline Prices Spike. But Electricity Prices also Soared by Wolf Richter • May 7, 2026 • 33 Comments High gasoline prices tilt operating costs in favor of EVs. But soaring electricity prices eat into that math.
Construction Spending on Data Centers, Factories, Chip Plants, Powerplants, Office Buildings: Boom one End, Bust the Other by Wolf Richter • May 7, 2026 • 21 Comments AI investment mania and the second wave of semiconductor plants.
Housing Market’s Crucial “Spring Selling Season” Is in Tatters by Wolf Richter • May 6, 2026 • 98 Comments For the 4th year in a row: Normal-ish mortgage rates, too-high prices, and the “lock-in effect” from the Fed’s reckless interest-rate repression.
New Single-Family Home Prices Drop Further amid Inventory Glut. But Lower Prices Beget Higher Sales by Wolf Richter • May 5, 2026 • 42 Comments Inventory in the South still sky-high, up 60% from March 2019. But homebuilders understand what it takes: lower prices and big incentives.
Bond Market on Edge: Treasury Yields Spike, 30-Year to 5.03%, Mortgage Rates to 6.52%, as Gulf War Reheats by Wolf Richter • May 4, 2026 • 98 Comments Which raises a question: How many more Fed rate cuts would it take in this inflationary era to drive the 30-year Treasury yield to 6%?
The US Government sold $723 billion of Treasury Securities this Week. Inflation Jumped and Met T-bill Yields by Wolf Richter • May 3, 2026 • 62 Comments 30-year Treasury yield looks like it’s setting up to break out past 5%. A rate cut while inflation is heating up could do it.
Gap between Single-Family Rents & Multifamily Rents Widens to Record as Multifamily under Pressure by Wolf Richter • May 1, 2026 • 70 Comments The big divergence of asking rents in 14 big metropolitan areas by single-family rentals and multifamily units.
