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
First-Time Homebuyers Found No Relief From Rising Prices in Q4 2021
2021 came to a close with unfavorable market conditions for first-time buyers after consecutive monthly gains in home prices
Housing Policy + Finance
Higher Interest Rates Could Price Out Millions of Households
Inflated mortgage rates could push affordability out of reach for over a million additional U.S. households as median priced homes reach record highs
Market Data + Trends
Vacancy Hotspots Reveal the Health of Regional Markets
Unoccupied homes across the U.S. provide a stark contradiction to a frenzied market and can offer clues into regional homebuying activity
Market Data + Trends
Fannie Mae Updates Home Price Forecasts, Puts off Hopes for Deceleration Until 2023
2022 may not be the year of housing affordability after all, but according to Fannie Mae, record high prices won’t be the norm for much longer
Labor + Trade Relations
February Construction Wages Grew at the Fastest Rate in 40 Years
Construction firms are strengthening the labor market and working to keep construction projects on track by offering higher compensation for skilled workers
Housing Markets
Housing Development Over the Last Decade: Here Are the Markets With the Strongest Gains
America’s most active real estate markets seem unfazed by the effects of an economic recession, a global pandemic, and a housing crisis over the last ten years
Market Data + Trends
The Median Home Price Is Up to a New Record High as Inventory Drops
Unrelenting price gains are a direct result of low housing supply and heightened competition in nearly every market across the U.S.
Market Data + Trends
Mortgage Rates Plunge Following Russian Invasion of Ukraine
Mortgage rates dropped at the fastest pace since early 2020 on Tuesday as home prices rose to another record high
New-Home Sales
Home Prices Hit Double Digit Yearly Growth
Record high home prices are here for the long haul, especially after significant gains in February
Market Data + Trends
Homeowner Tenure Flattened in 2021 as More Americans Relocated
The average homeowner spends 13.2 years in their home, but new migrational trends could cause that number to drop
