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
Why the Real Estate Market May Never Be the Same
The pandemic changed the game for buyers and sellers, but will the market ever go back to normal?
Market Data + Trends
NAR’s 40th Annual Profile of Home Buyers and Sellers
Here are the top 10 market highlights of 2021
Building Materials
Year-to-Date Prices for Building Materials Reached Record High Through October
Prices for residential construction goods are still on the rise
Financials
Rising Home Prices Outpace National Household Incomes
High home prices and a drop in median household income are creating a less affordable market for buyers
Market Data + Trends
How the Skilled Labor Shortage Is Slowing New Home Development
A lack of skilled construction workers is delaying multifamily projects
Housing Markets
Why One Prominent Market Analyst Sees No Sign of Housing Shortage
Ivy Zelman of Zelman & Associates argues that the U.S. might actually be overbuilding
Housing Markets
Weyerhaeuser CEO Looks Ahead to Stronger Housing Market
Why the lumber firm is anticipating market strength over the next decade
Housing Markets
Buyers Blame Bidding Wars for Lack of Market Success
Low affordability, lack of supply, and competitive bidding wars are keeping prospective buyers at bay.
Financing
Rising Mortgage Rates Mean High Prices but Less Competition
High mortgage signal less market competition, but some homebuyers may benefit more than others.
Market Data + Trends
Denver Metro Housing Market Hits Cooling Period
Why Colorado’s capital city is seeing a decline in housing activity.