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
October Saw New-Home Sales Fall More Than Expected
Despite being buoyed by a persistent shortage of previously owned properties on the market, high mortgage rates and reduced affordability saw sales of new U.S. single-family homes fall during October
Demographics
Quarter of Wealth Gap Between Latino-White Households Comes from Housing
A quarter of the wealth gap between white and Latino households stems from housing wealth disparities, reports Zillow. The total wealth of all U.S…
Construction
The State of Construction Job Openings for July
The National Association of Home Builders says attracting skilled labor remains a top priority for construction firms as demand remains high.…
Affordability
Looking at Affordability Through a New Lens
Affordability indexes may take mortgage rates, income, and home prices into account, but it’s missing an important piece of the puzzle. Bill…
Market Data + Trends
Hot Market and Listing Tactics Make Identifying Home Values Difficult
With nearly 40% of homes selling over asking, many buyers play guessing games with their bids. A family of two told The New York Times…
NAHB
Home Builders Feel the Squeeze of Record-High Lot Prices
NAHB Policy Briefing | Home builders contend with climbing lot prices; building material prices for residential construction keep increasing
Market Data + Trends
It’s Not Just the Pandemic That Is Making Home Buying Tough
The housing market is ill prepared for the 72 million Millennials who are in their prime purchasing years.
Market Data + Trends
Why We Won’t See a Housing Market Crash
There’s one reason in particular that really stands out. A supply glut is unlikely to return anytime soon.
Economics
The Mortgage Outlook for September
NerdWallet’s mortgage and real estate expert predicts mortgage rates will rise modestly during the first half of September and then level off.
Economics
Landlords, Homeowners to See Further Property Tax Increases This Year
The pandemic-fueled housing boom pushed up home values, prices, and property taxes, but the tax increases are expected to shock homeowners and…
Market Data + Trends
Increasing Home Prices Threaten Residents of These 10 Metros Most
As home prices continue increasing, wage growth has not. Median home prices jumped 7.2% last year while wages only increased about 3.7%, according…