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
Demographics
This is Why Asian American Homeownership Rates Fall Behind
The surge in hate crimes and job losses for the Asian American community has resulted in fewer seeking new communities and homes. The Asian…
Market Data + Trends
Home Sales Return Strong in May to the Industry's Surprise
In an unexpected turn, home sales came back strong in May after several months of relaxing sales. From April to May, pending home sales increased…
Build to Rent
Inside the Single-Family Rental Demand
A new joint report by the Urban Land Institute and RCLCO Real Estate Consulting found the single-family rental market has undergone an impressive…
Economics
Consumer Confidence Back to Pre-Pandemic Levels
Consumer confidence reached pre-pandemic levels in May despite short-term inflation expectations. The Conference Board’s Consumer Confidence Index…
Housing Markets
The 20 Hottest Housing Markets in May
Realtor.com’s most recent housing market report found the nation’s hottest cities were smaller, located in the Northeast to West, and gave buyers…
Market Data + Trends
Single-Family Home Prices Up 14.6% in April Nationwide
Home price gains reached the top quartile of growth historically in April as home prices increased 14.6% year over year. That’s up from March’s 13…
Housing Markets
Californians Fuel Austin’s Growing Home Prices and Population
Austin remains the country’s fastest-growing major region for the past 10 years as its population increases by 180 every single day, says the …
Construction
Housing Boom Leaves Small Contractors Behind
Though the housing market faces intense demand, smaller contractors are not reaping the benefits that production builders are. With supply chain…
Demographics
The Next Generation of Buyers Want Homes, Not Rentals
A recent Realtor.com survey found that the majority of Gen Z, now aged between 18 to 25, are more cost-conscious than most and prefer to own a…
Construction
Half of Single-Family Homes Constructed Last Year Were Single-Story
The share of homes with two or more stories and one-story homes constructed last year were equal to one another as single story home construction…
