Mortgage Rates Are Up but New-Home Sales Still Solid in March
Lack of existing home inventory drove a rise in new-home sales, despite higher interest rates in March
Who's Earning What in Construction
Workers in construction management roles may earn a higher median wage, but on average, lower-paid occupations have experienced somewhat faster wage growth
Build-to-Rent Is Booming, Particularly in These Metros
A recent report finds that the Phoenix metro leads with more than 4,000 build-to-rent units completed in 2023, and Texas is the leading state for build-to-rent development
Which Green Building Practices Are Home Builders Using Most?
A recent report reveals which green-building practices are most popular among single-family home builders and remodelers
Single-Family Permits Show Increase in February
Year-to-date ending in February, single-family permits were up in all four regions of the U.S.
Q1 2024 Foreclosure Activity Rises Slightly
Data show New York, Houston, and Chicago topping the list of major metros with the greatest number of foreclosure starts during Q1 2024
Market Data + Trends
Increasing Home Prices Threaten Residents of These 10 Metros Most
As home prices continue increasing, wage growth has not. Median home prices jumped 7.2% last year while wages only increased about 3.7%, according…
Market Data + Trends
Supply Grew in July, Attracting More Buyers
Existing home sales increased in July, marking the second consecutive month of increases amid growing inventory. CNBC says this increase in sales…
Housing Markets
Best Cities for Remote Workers
Wi-Fi speed, median rent, cost of living, co-working spaces, public Wi-Fi spaces—all of these factors are ingredients for the perfect cities for…
Construction
Buyers Want Larger Homes, Second Quarter Home Construction Delivers
The median and average sizes of a new single-family homes are up, and the National Association of Home Builders says the pandemic-fueled demand…
Construction
Townhouse Construction Reaches 14-Year High
Housing market conditions have paved the way for the best quarter for townhouse construction in 14 years, according to an analysis of Census data…
Multifamily
Rental Market Recovers Faster Than Predicted
The rental market has surpassed all pre-pandemic predictions and reached a strong recovery with average rents increasing by 9.2% year over year. A…
Home Design
Emerging Home Design Trends: Green Kitchens, Art Studios, Home Bars
By analyzing year-over-year growth for its search terms, Houzz identified the most popular and quickly growing home design trends for the year.…
Home Design
The Pandemic Shaped This Home's Design
At the onset of the pandemic, marketing expert Teri Slavik-Tsuyuki wanted to find the answer to a simple question: How will living and working at…
Economics
Metros Where Inflation Spiked the Least and Most
The Consumer Price Index reported a 5.4% increase in prices paid for by consumers for goods and services during the 12-month period ending July…
Market Data + Trends
New Federal Reserve Study Seeks Answers for Housing Inventory Decline
A new study by the Federal Reserve sought to discover how much the drop in inventory contributed to rising home prices. The Fed analyzed data from…