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The Most Splendid Housing Bubbles In America
The Most Splendid Housing Bubbles In America
Authored by Wolf Richter via Wolf Street,
In 27 of the 33 big and expensive cities we track here, mid-tier home prices in March were down from their respective peaks in prior years, led by Austin (-26%), Oakland (-25%), and New Orleans (-19%).
Now also filtering into these mid-tier home prices is the “mansion shortage” in San Francisco, the epicenter of the AI investment bubble. Total employment in the city dropped and the unemployment rate ticked up. But a relatively small number of super-highly paid...
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Jun 17, 2026 / Dave DeCamp
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US Housing Starts Plummet In July, Near COVID Lows
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After Housing Starts exploded higher in June (driven by a massive rebound in multi-family units), July was expected to see a reflexive decline of 5.9% MoM...
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