The Spanish government has introduced emergency decrees to cap rents and mandate lease renewals, triggering a significant withdrawal of rental listings from the market.
US mortgage rates have hit their highest level since May 2025, reaching 6.97% as rising inflation expectations and Treasury yields impact the housing market.
The US housing market reached a record seller surplus in August, with listings outnumbering buyers by 57.9% amid high mortgage rates.
US existing home sales dropped to 3.98 million in August as inventory reached its highest level since 2019, while median prices continued to climb for the 38th consecutive month.
US mortgage applications dropped 2.7% as 30-year fixed rates climbed to 6.85%, nearing the 7% psychological threshold.
