Trump Brings U.S. Housing Crisis To The World Economic Forum | January 22, 2026

On today’s Hot Sheet, Byron Lazine recapped President Trump’s housing-related remarks at the World Economic Forum in Davos, as covered by BAM, including proposals to ban institutional investors from buying single-family homes and cap credit card interest at 10% for one year.

He also broke down the National Association of REALTORS® report showing pending home sales fell 9.3% month over month and 3.0% year over year in December, with inventory at 1.18 million homes.

To wrap up, Byron reviewed the latest DOL unemployment data, with initial claims at 200,000, the 4-week average at a low 201,500, and insured unemployment holding steady at 1.2%.