Housing Share of GDP in Q1 2024 Rises Above 16%
The increase marks the first time GDP has surpassed 16% since 2022
Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
Weighing the Effects of the Fed's and Treasury's Latest Announcements
The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady
NAHB CEO Tobin Says 'Housing Renaissance' on the Horizon
Responding to positive housing-related data such as falling mortgage rates and increased homebuyer activity, NAHB's CEO Jim Tobin is optimistic
Are Fed Rate Hikes a Thing of the Past?
The Federal Reserve held rates steady again in December and forecasts three rate cuts in 2024
What's in Store for the National Housing Market in 2024
According to the 2024 National Housing Market Outlook report released on Wednesday by Bright MLS, affordability will remain the biggest challenge
September Job Openings in Construction Drop from August
The number of job openings in construction dropped from August to September, but the September total remains higher than last year at that time.…
Housing Giants
2019 Housing Giants Report [Analysis and Data]
Pro Builder's 2019 Housing Giants report looks at the trending topics of mergers and acquisitions, emerging signs of an industry slowdown, diversification for midsize builders, and builders' quest for solutions to beat labor shortages, profit-draining cycle times, and rising costs
How Will Housing Reform Plan Affect Part-Time Workers?
Traditional finance systems limited mortgage availability for gig workers, but planned financial reform may open up doors for those with an…
Private Residential Spending Rises in September
Total private residential construction spending was up in September, making three straight months of increases. The bump is attributed to…
Will Mortgage Rates Drop After Climbing for Third Week Straight?
Mortgage rates increased for the third straight week, but a decrease in the 10 Year Treasury and moves by the Federal Reserve may signal a drop in…
The Rise of the Secondary Market and Mid-Size Investors
Look out, the local landlord may become the next mid-size mogul. Innovation in technology unleashes new potential for small-scale investors to…
Which Industries Are Creating the Most Jobs?
October was a good month for job growth, beating the estimated payroll increase by over 50,000. Leisure and hospitality jobs came out on top of…
Economics
The Haunting Truth About Low Interest Rates and the Housing Market
The Federal Reserve slashed interest rates again to bolster the economy. Yet low interest rates do little good for someone who is denied a loan or…
Homeownership Rates Bounce Back As Renting Declines
People may say millennials are killing homeownership, but the homeownership rate saw an increase in the third quarter of 2019. More people are…
Mortgage Rates Reach Three-Month High
Mortgage rates reached a nearly three month high, and refinancing rates fell one percent last week. Still, the volume of refinance rate volume is…
