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Industry · Week 44, 2026

Real estate & construction

What the field argues about, where people say it is heading, and what those ahead of the curve are doing.

The housing crunch
0.2%
People quoted
14

AI-generated Questions, positions and links named by an AI model from the quotes and figures on this page. Every quote is checked word for word against its source; numbers come only from the surveys shown. How subject pages are made

Real estate & construction

Media

Real estate & construction

Opinions

The questions the field argues about, and each side in the words of the people who hold it.

Will housing activity recover, or will high mortgage rates keep the market subdued?

Recovery if conditions ease

Activity could regain momentum if the energy shock fades, confidence returns and market rates fall.

And so I think at some point there is like the rates come down and meet that leveling off of all those prices converging. And my hope is that it's going to be early next year.

Kevin PeranioHousingWire Daily, 15 Oct 2026 · from an automatic transcriptReport a problem

This suggests that activity should regain momentum in the quarters ahead providing the energy shock fades and confidence returns - especially if market interest rates fall back to pre-conflict levels.

Robert GardnerChief economist, Nationwide Building SocietyNationwide House Price Index, September 2026, Oct 2026Report a problem

Rates limit movement

Elevated or rapidly rising rates can restrain demand and leave sales and construction subdued.

One concern is that because rates are still elevated and you know, we're not building a lot of apartments or rental units that eventually rent inflation will take off again.

Logan MohtashamiHousingWire Daily, 30 Oct 2026 · from an automatic transcriptReport a problem

When rates get above 7%, especially when they move up fast, housing demand slows down noticeably.

Logan MohtashamiHousingWire Daily, 20 Oct 2026 · from an automatic transcriptReport a problem

1 more quote with Pro

Are house prices becoming more affordable, or is access still worsening for buyers?

Affordability improving

A softer market can shift the balance toward buyers, while prices rising no faster than wages would be less concerning.

But all of this makes this a better buyer versus seller equilibrium.

Logan MohtashamiHousingWire Daily, 20 Oct 2026 · from an automatic transcriptReport a problem

So now if home prices were rising faster than wages, that would be a concern for me.

Logan MohtashamiHousingWire Daily, 9 Oct 2026 · from an automatic transcriptReport a problem

Entry remains difficult

Home prices are the central problem, and access to housing remains difficult when construction stays at low levels.

And I'm of the thought that homes in the United States cost too much money.

Wade JurneyHousingWire Daily, 21 Oct 2026 · from an automatic transcriptReport a problem

I think that the home price is the problem, prices are the problem.

Wade JurneyHousingWire Daily, 21 Oct 2026 · from an automatic transcriptReport a problem

1 more quote with Pro

Can housing construction and supply improve soon?

Construction stays constrained

Low housing construction is unlikely to improve soon, especially while sales are weak and rates remain elevated.

Construction is multi year lows in housing construction, that's not going to get any better any soon.

Logan MohtashamiHousingWire Daily, 14 Oct 2026 · from an automatic transcriptReport a problem

We've had a downtrend in housing construction for years now. Now rates spiked up again.

Logan MohtashamiHousingWire Daily, 20 Oct 2026 · from an automatic transcriptReport a problem

1 more quote with Pro

Supply varies by region

Development conditions differ by location; new pipelines are easier to develop in the South than in the Northeast.

And so I would say in general in the south, we see that it is easier to develop, develop new pipelines than it is in the Northeast.

Eric McGuireCatalyst with Shayle Kann, 15 Oct 2026 · from an automatic transcriptReport a problem

Real estate & construction

Emotions

What published surveys counted when they asked people in and around the field.


Pulse

Pulse: what readers say

Readers who answered, not a representative sample.

Real estate & construction

Direction

Housing activity may regain momentum if energy pressures ease and interest rates fall, while elevated rates and weak construction remain constraints.

This suggests that activity should regain momentum in the quarters ahead providing the energy shock fades and confidence returns - especially if market interest rates fall back to pre-conflict levels.

Robert GardnerChief economist, Nationwide Building SocietyNationwide House Price Index, September 2026, Oct 2026Report a problem

One concern is that because rates are still elevated and you know, we're not building a lot of apartments or rental units that eventually rent inflation will take off again.

Logan MohtashamiHousingWire Daily, 30 Oct 2026 · from an automatic transcriptReport a problem

Real estate & construction

Goals and visions

Forecasts and visions, with when they were said and when they can be checked.

  1. Openin the quarters aheadCheck on 30 Jun 2027

    This suggests that activity should regain momentum in the quarters ahead providing the energy shock fades and confidence returns - especially if market interest rates fall back to pre-conflict levels.

    Robert GardnerChief economist, Nationwide Building SocietyNationwide House Price Index, September 2026, Oct 2026Report a problem
  2. Openearly next yearCheck on 17 Apr 2027

    And so I think at some point there is like the rates come down and meet that leveling off of all those prices converging. And my hope is that it's going to be early next year.

    Kevin PeranioHousingWire Daily, 15 Oct 2026 · from an automatic transcriptReport a problem
  3. Open

    One concern is that because rates are still elevated and you know, we're not building a lot of apartments or rental units that eventually rent inflation will take off again.

    Logan MohtashamiHousingWire Daily, 30 Oct 2026 · from an automatic transcriptReport a problem

14 more in the Pro forecast tracker

Real estate & construction

Confusions

Common claims, and what the sources show instead.

Often said

Lower mortgage rates automatically bring more existing homes onto the market.

What the sources show

One view argues lower rates do not necessarily increase active inventory; higher rates can bring more listings instead.

Higher rates do create more inventory. Right. And you could see it here on the active inventory side, but just, you know, if people were thinking about big escalation, it's the closer you get to normal, the harder it is.

Logan MohtashamiHousingWire Daily, 27 Oct 2026 · from an automatic transcriptReport a problem

Real estate & construction

Ahead of the curve

What practitioners ahead of the curve say they do now.

  1. Prepare project blueprints in advance so construction can start when a new federal initiative is announced.

    Cities that receive the most money are the ones that have finalized their blueprints and can start breaking ground as soon as a new federal initiative is announced.

    Dwarkesh PatelHost, Dwarkesh PodcastDwarkesh Podcast, 29 Oct 2026 · from an automatic transcriptReport a problem
  2. Build support for development by organizing a concentrated YIMBY faction.

    Moses built a concentrated faction for Yimby. Yes, in my backyard.

    Dwarkesh PatelHost, Dwarkesh PodcastDwarkesh Podcast, 29 Oct 2026 · from an automatic transcriptReport a problem
  3. Track demand, inventory and prices with a live weekly model.

    This is why you have to have a live tracking model to track everything weekly, weekly demand, inventory, price, percentages, everything.

    Logan MohtashamiHousingWire Daily, 20 Oct 2026 · from an automatic transcriptReport a problem
  4. Standardize the core home and build on scattered individual lots to compete on price.

    We don't offer options or color selections, and we really build the same core home in every one of our markets.

    Wade JurneyHousingWire Daily, 21 Oct 2026 · from an automatic transcriptReport a problem

Real estate & construction

Topics and industries

Where this field meets other topics, careers and industries.

Week 44, 2026 · 14 people quoted

Real estate & construction

Discussion

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