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
Affordability
Asking Rents Continued to Rise in April, But at a Slower Pace
An overheated rental market may finally be cooling down, but prices remain at record highs in most major metros
Builders
Builder Confidence Drops as Interest Rates Climb Higher
Builders are feeling the pressure of rising mortgage rates coupled with surging prices for building materials
New-Home Sales
Investors Are Taking Over Southern Housing Markets
Investors account for over a quarter of all home purchases in some popular housing markets, and first-time buyers can't compete
Housing Markets
Buyers Are Returning to Cities as Prices for Suburban Homes Rise to New Highs
Suburban housing markets are seeing high demand and rapidly rising prices, forcing some buyers to return to nearby metros
Market Data + Trends
Buyers Who Signed Contracts a Year Ago Can’t Keep Up With Rising Borrowing Costs
Many buyers who signed contracts for newly constructed homes during the pandemic are second-guessing their decisions amid soaring interest rates
Housing Markets
Affordable Starter Homes Are Becoming Harder to Find
The majority of housing markets lack starter homes under $150,000, and some pricey metros have none available at all
Build to Rent
What's Fueling a Red-Hot Rental Market?
Apartments are in high demand across the U.S. as unsuccessful homebuyers flood the rental market in record numbers
Market Data + Trends
2022 Homebuyers Are Better Protected Than House Hunters During 2008 Bubble
Today's homebuyers are backed by high credit scores and more disposable income, and few are dependent on risky adjustable-rate mortgages which led to the 2008 bubble and subsequent bust
Market Data + Trends
Weekly Inventory Up Year-Over-Year for the First Time Since 2019
Housing inventory is slowly climbing as buyer demand, home sales slow due to mortgage rate hikes
Market Data + Trends
The Housing Market Is Seeing a Big Shift
After years of record high home prices and relentless buyer demand, the mid-pandemic housing frenzy may finally be coming to an end
