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
Millennials Are Making an Untimely Entry Into a Volatile Housing Market
As Millennials enter into the housing market to search for their first homes, they are being met with fierce competition and dwindling supply
Housing Policy + Finance
High Housing Costs Are Driving an Inflation Crisis Nationwide
Plunging housing supply is pushing shelter inflation to new highs, but economists can find no quick fix to deliver affordability
Market Data + Trends
Economists Are Lowering Their Sales Forecasts as Mortgage Rates Hit New High
Rising mortgage rates exceeded expectations with a 26 basis point increase to 4.72% on Tuesday
Affordability
Annual Home Value Growth Is Accelerating Ahead of Spring Buying Season
Annual home value growth could peak one more time before slowing at the start of 2023
Market Data + Trends
The Housing Market Could Be On Track for a Substantial Downshift, One Analyst Says
An uptick in mortgage interest rates could price out a large share of buyers and lead to market deceleration in just a few short months
Market Data + Trends
Monthly Asking Rents Rose to a New High in February
Asking rents are up 40% in Austin as dreams of homeownership are dashed for a growing number of prospective buyers
Affordability
Home Value Appreciation Outpaced Median Salaries Across 25 Metros in 2021
Home prices rose faster than median incomes in the majority of metro areas tracked by Zillow in 2021
Demographics
Against All Odds, Hispanic Buyers Are Slowly Closing the Homeownership Gap
As more Hispanic Americans reach prime homebuying years over the next two decades, a longstanding homeownership gap will continue to shrink
Market Data + Trends
A Frenzied Housing Market Could Persist Beyond the Spring Season
Price hikes and dried up inventory could remain status quo into the summer months, and potentially for the entirety of 2022
Market Data + Trends
Homebuyer Competition Rose to a Record High in February
The 2022 housing market is off to a competitive start with heated bidding wars in nearly every U.S. metro
