Vacation and Investment Home Market Insights
A recent report finds that beach homes are the most sought-after vacation-home type, and the investment potential of a second home is an important factor in homebuyers' purchasing decisions
How Much Income Do First-Time Buyers Need to Afford the Average Home?
The median-priced home is unaffordable in 44 of the 50 largest U.S. metro areas
What Is the Relationship Between Urban vs. Suburban Development and Affordability?
A new paper from Harvard's Joint Center looks at whether expanding the supply of suburban housing could, in turn, help make dense urban areas more affordable
10 States Where Home Insurance Rates Have Risen the Most
Responding to the increasing number of natural disasters, insurers are hiking prices, with some states bearing the brunt more than others
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
Rents Drop for the Fifth Month in a Row
With more rental inventory on the market, rents in the 50 largest metros have been declining for the past five months—a trend that's anticipated to continue
New-Home Sales
Housing Demand Still Strong Despite High Mortgage Rates
Rather than bowing out, prospective homebuyers are turning to new construction during a real estate slowdown
Affordability
August Sees Housing Affordability Hit Historical Low
As mortgage rates and home prices outpace household income, the housing affordability crisis continues to grow
Market Data + Trends
Could High Mortgage Rates Cause Home Prices to Drop in 2024?
Predicting the effects of rising mortgage rates on U.S. home prices in 2024
Market Data + Trends
Could 2023 Be the Slowest Year of Home Sales Since the Great Recession?
Soaring mortgage rates and a dearth of housing inventory have pushed home sales to a 15-year low
Builders
Rising Mortgage Rates Chip Away at Home Builder Sentiment
As cautious buyers pull back from the for-sale market, home builder confidence is falling
New-Home Sales
Single-Family Housing Starts Posted Unexpected Surge in September
Single-family housing starts saw an uptick in September as builders worked to fill a supply deficit left by would-be home sellers opting not to sell
Market Data + Trends
A Market of Extremes: Sellers and Buyers Struggle to Find Common Ground
Buyers and sellers are finding themselves in a push-and-pull housing market characterized by soaring mortgage rates, persistently high home prices, and a widening supply shortage
Housing Markets
These Regional Markets Are Still Seeing Rapid Sales
Elevated mortgage rates and dwindling inventory are causing slowing sales across much of the U.S., but a few regional markets are seeing red-hot homebuying activity
Financials
Housing Demand Could Rebound in 2024 as Mortgage Rates Ease
The Mortgage Bankers Association predicts lower mortgage rates could bring homebuyers back into the market in 2024