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
Housing Markets
Buyer Demand Surges in Vacation Areas Amid Pandemic-Driven Work Flexibility
Remote workers are taking advantage of their newfound freedom and seeking out vacation markets for their new home offices
Market Data + Trends
Ukraine Crisis Could Boost Mortgage Demand as Interest Rates Drop Sharply
The Russian invasion of Ukraine is having an effect on the U.S. housing market as mortgage rates plummet 28 basis points in just two days
Market Data + Trends
Multifamily Apartment Absorption Soared in the Third Quarter of 2021
2021 apartment absorption rates surged to the highest level since 2005, while a lack of new inventory drove up asking rents for the third consecutive quarter
Affordability
Home Affordability Drops to New Lows in the 100 Largest U.S. Counties
When it comes to housing affordability, Gen Zers and Baby Boomers are equally burdened by escalating prices
Demographics
Hispanic Americans Are Chipping Away at a Persisting Homeownership Gap
The homeownership gap between white and Hispanic households is beginning to close, but more formidable challenges threaten the economic mobility of Hispanic Americans
New-Home Sales
U.S. Pending Home Sales Drop for the Third Consecutive Month After Predicted Gains
January pending home sales reached another consecutive low, disappointing economists who anticipated sales activity to rise 1%
New-Home Sales
January New-Home Sales Drop Slightly After Increase in Interest Rates
Homebuyers aren’t backing down despite worsening affordability caused by record low housing supply
Market Data + Trends
December Case-Shiller Results Reveal a Reaccelerating Market
No slowdown is in sight for the first months of 2022 after record-breaking growth in December
Market Data + Trends
Case-Shiller National Index Shows Steady Gains in December
End of the year real house prices, price-to-rent ratios, and price-to-median income data are all indicative of unyielding gains ahead in 2022
Housing Markets
Why the Spring Housing Market May Be the Worst Yet for Homebuyers
Rising home prices in the spring will likely surpass peak gains reported in 2021, especially as elevated mortgage rates heighten market competition
