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
Market Data + Trends
Forbearance Exits Expected to Add Inventory
A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to…
Economics
Housing Prices Threaten the Federal Reserve's Inflation Outlook
Forecasters predict elevated home prices to be a temporary reaction to the economy’s reopening after pandemic-related restrictions, but the …
Economics
10 States With the Highest, Fastest-Growing GDP
Each state has experienced economic recovery from the pandemic in very different ways, with some doing better than others. Forbes analyzed data…
Economics
Increasing Home Values Lift 1 Million Homes from 'Underwater' Status
Home value increases have taken more than 1 million homes out of an “underwater” status, meaning the loans secured by the property were 25% higher…
Affordability
Home Affordability Falls in the Second Quarter
The share of homes affordable to families earning the U.S. median income fell sharply from the first quarter to the second quarter of 2021. The…
Labor + Trade Relations
Industry's Skilled Labor Shortage Worse Than Pre-Pandemic
There were 50% more construction job openings between May and June 2021 than before the pandemic, with most positions remaining open for an…
Affordability
Affordability Worsens for First-Time Buyers
Buying a home remained difficult in the second quarter of 2021, but it became even more difficult for first-time homebuyers. NerdWallet analyzed…
Market Data + Trends
Less Dense Areas Remain Most Popular for Buyers
The National Association of Realtors says the uncertainty of the delta variant’s impact, remote work, and starting families are three big factors…
Market Data + Trends
June Annual Price Increases Reach 42-Year High
CoreLogic’s most recent Home Price Index and Forecast for June shows the housing market remains strong, experiencing a price increase of 17.2%…
Coronavirus Resources and Information
Present and Future Impacts of the Delta Variant on the Housing Market
The housing market’s reaction to the pandemic was unexpected, but now that the delta variant is here, how will it impact the heated market?…
