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Market Data + Trends
As Inflation Slows, Demand Rebounds Ahead of 2023
Measures of homebuyer demand ticked higher during the second week of December after a slight dip in interest rates and a rise in regional price drops
Bamboo: Not Just for Your Floor Anymore
Illinois-based Lamboo produces an engineered bamboo that can be used for interior, exterior, and structural applications.
Housing Markets
The Top 10 Most Affordable Metros for First-Time Buyers in 2023
With comparatively high inventory and affordable home prices, these metros are prime homebuying locations for first-time house hunters in 2023
Building Materials
As Softwood Lumber Falls, Concrete Prices Soar to New Highs
The PPI for ready-mix concrete reached a new high in November after rising for 21 of the past 22 months
Housing Markets
Rent Growth Is Slowing in These Costly U.S. Cities
After a fast run-up in asking rents throughout the pandemic, tenants are finding much-needed price relief in these high-cost cities
Remodeling
What’s Next for the Remodeling Sector in 2023?
Remodeling demand is waning, but as fewer homeowners can afford to relocate, remodelers are still filling backlogs with a steady stream of new projects
Market Data + Trends
Home Prices Are Falling, but Buyers and Sellers Are Still Holding Back
A housing correction is leading to slower home price growth and a drop in mortgage rates, but sellers are just as hesitant to list as house hunters are to buy
Financing
Just 3 in 100 Pandemic Homebuyers Are at Risk of Falling Underwater on Their Mortgage in 2023
Even if home prices fall 4% in 2023, pandemic homebuyers are backed by low fixed mortgage payments, strong credit, and a steady stream of equity
Housing Markets
Asking Rents Are Slowing Nationwide, and These Metros Are Seeing the Biggest Corrections
After nearly a year of double-digit growth, asking rents are falling across the U.S., and these metros are the first to see big changes
Kitchen + Bath
Interior Designers Say These Bygone Bathroom Design Trends Should Be Left in 2022
These outdated bathroom design trends are being replaced by at-home spas focused on natural and neutral finishes in 2023