Housing Share of GDP in Q1 2024 Rises Above 16%
The increase marks the first time GDP has surpassed 16% since 2022
Shelter Costs Drive Inflation Higher Than Expected in January
January Consumer Price Index data show inflation increased more than anticipated as shelter costs continue to rise despite Federal Reserve policy tightening
Weighing the Effects of the Fed's and Treasury's Latest Announcements
The upshot of the Jan. 31 announcements is that while mortgage rates will stay higher for longer, they're likely to hold steady
NAHB CEO Tobin Says 'Housing Renaissance' on the Horizon
Responding to positive housing-related data such as falling mortgage rates and increased homebuyer activity, NAHB's CEO Jim Tobin is optimistic
Are Fed Rate Hikes a Thing of the Past?
The Federal Reserve held rates steady again in December and forecasts three rate cuts in 2024
What's in Store for the National Housing Market in 2024
According to the 2024 National Housing Market Outlook report released on Wednesday by Bright MLS, affordability will remain the biggest challenge
Existing Home Sales Top Expectations In March
Through monthly data from the NAR, Zillow reports that existing homes sales in March rose 4.4 percent from February to…
Higher Percentage Of Americans Think Home Values Will Rise
According to a Gallup poll, 61 percent of adults in the U.S. believe house prices in their area will increase over the next 12 months,…
The Most Common Regrets Of Recent Homebuyers
Buyers don’t know all their loan options, miss out on larger houses, and cut corners on research
Millennials Earn Less Than Baby Boomers Did At The Same Age
Last year, workers between 25 and 34 years old had a median personal income of $35,000. In 1975, however, the same group earned $37,000…
Flattened Rent Rates Could Lessen Housing Demand
Rents rose only 0.7 percent last month, the slowest pace in more than four years.
Svenja Gudell, the chief economist…
Real Estate Remains Top Choice For Best Investment
More than a third of Americans favor investing in real estate over mutual funds, bonds, and gold
Rising Sea Levels Threaten South Florida Real Estate Sales
South Florida is already starting to experience the environmental effects of climate change. Before long, it will be difficult to buy…
Conflict Intensifies Between U.S. And Canada Over Softwood Lumber
Wood prices have increased 20 percent since November, soon after a temporary agreement between the two nations expired
Consumers Changed Their Views On The Housing Market Over The Last Year
Half of the consumers who responded to a quarterly NAR survey in Q1 2016 said that home prices had increased in the last year. By Q1…
Home Values In Food Deserts Are 17.7 Percent Lower
According to Zillow, 20 percent of the nation’s non-rural population have both low income and live a half mile or more away from a fresh…
