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 Is Booming, Particularly in These Metros
A recent report finds that the Phoenix metro leads with more than 4,000 build-to-rent units completed in 2023, and Texas is the leading state for build-to-rent development
Which Green Building Practices Are Home Builders Using Most?
A recent report reveals which green-building practices are most popular among single-family home builders and remodelers
Single-Family Permits Show Increase in February
Year-to-date ending in February, single-family permits were up in all four regions of the U.S.
Q1 2024 Foreclosure Activity Rises Slightly
Data show New York, Houston, and Chicago topping the list of major metros with the greatest number of foreclosure starts during Q1 2024
Market Data + Trends
February Housing Starts Show Rebound, Biggest Gain in 9 Months
Housing starts and permits jumped in February, with single-family starts hitting 11.6%
Market Data + Trends
Housing Market Index Shows Builder Sentiment Continues to Rise
In March, builder confidence in the market for newly built single-family homes hit its highest level since July 2023
Building Materials
Building Materials Prices Saw Increases in February
Prices for gypsum, ready-mix concrete, and steel-mill products all rose during February, according to Producer Price Index data, while softwood lumber prices declined
Demographics
The State of Hispanic Homeownership
2023 saw a net gain of 377,000 Latino owner-households, the largest single-year gain in almost 20 years, a recent report finds
Market Data + Trends
February Saw More Sellers Jumping Back Into the Housing Market
February's housing market saw an increase in the supply of available homes, with Dallas leading among metros where the most sellers are getting into the market
Market Data + Trends
Housing Markets Most Vulnerable to Decline
A recent report spotlights markets that are more vulnerable to decline due to less-affordable homes and higher levels of underwater mortgages, foreclosures, and unemployment
Demographics
Gen-Z Homebuyer Must-Haves
To afford a home, Generation Z is willing to make compromises, but not on everything
Market Data + Trends
Looking Up: Single-Family Housing Production Numbers Show Improvement
The tide appears to be turning for single-family housing production in almost all metros, from large to small, based on Q4 2023 data
Trends
New-Home Trends: Home Sizes Shrink Further and Personalization Has Power
The National Association of Home Builders' latest new-home trends report shows homebuyers prefer fewer square feet, more personalization, and more tech
Market Data + Trends
Why It's Harder for Young Adults to Move Out of Their Parental Homes in Some States
Data show that in some US markets more than others, young adults aged 25 to 34 are continuing to live in their parental homes. One key reason: affordability
