The housing market has cooled sharply after its pandemic-era boom, with reduced affordability amid higher prices and interest rates weighing significantly on sales and pressuring values in some markets.



More housing insights
research
CMBS - US: Converting pandemic-hit offices likely to trim loan losses, aid housing supply

Certain marked-down office loans that have defaulted are potential candidates to convert to housing, an alternative that could improve loan recoveries for CMBS.

  • United States
  • CMBS
research
Basic Allowance for Housing's two-year surge will bolster revenues

BAH increase for Moody's rated military housing projects in 2024 will help boost projects' revenues and maintain their debt service coverage ratios.

  • United States
  • Military Housing
research
Elevated interest rates and property price recovery will weigh on housing affordability

The amount of income Korean homebuyers need to repay mortgages will likely moderately increase over the next year.

  • Korea
  • Covered Bonds
research
Loan quality is holding strong amid high condominium prices

Despite high condominium prices in Japan, debt-to-income ratios for buy-to-let mortgages are staying steady.

  • Japan
  • RMBS

Upcoming and recent housing events

16
May
event
Moody’s Ratings US Housing and Housing Finance Executive Series IV

Housing’s Search for Balance

event
Moody’s Ratings US Housing & Housing Finance Executive Series I

Our fourth annual series of spotlight discussions with senior leaders from a range of industries with exposure to the US housing market, from lenders and REITs to housing finance agencies.

event
2024 US Housing & Housing Finance: 9 Sectors in 60 Minutes

Hear views on what’s ahead from Moody's Investors Service analysts focused on the state of nine sectors -- from REITs, mortgage companies and insurers, to homebuilders, RMBS/CMBS and HFAs -- with exposure to US housing amid high real estate prices and slow activity.


Contact us


Rachael McDonald 

Associate Managing Director - Housing

rachael.mcdonald@moodys.com

Warren Kornfeld

Senior Vice President - Banking

warren.kornfeld@moodys.com

Luisa de Gaetano Polverosi

Asscociate Managing Director - REITS

marialuisa.degaetanopolverosi@moodys.com