After this week's sync I have been experiencing graphical issues in the form of screen tearing in vsync-enabled video games and also in the Budgie UI when opening/closing Raven. Rolling back to last week's sync (June 7th I think) resolves the issue, so it is the June 14th sync that causes it.
Edit: The issue is present in KDE Plasma as well.
Edit 2: The bug is caused by xorg-server 1.20.5, probably because xorg-driver-video-intel hasn't been updated upstream to support the latest changes in server (related Arch Linux bug report). Downgrading to the previous xorg-server build (1.20.3) resolves the issue. Perhaps a rollback is in order until fixed upstream?
Edit 3: Removing xorg-driver-video-intel and defaulting to modesetting fixes the issue (or lessens it such that the tearing is invisible), supporting the idea that this has to do with the Intel driver.