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
A Look Into What’s Causing the Lack of Housing Inventory
As the supply of U.S. homes for sale dwindles, an inventory shortage is taking shape as a growing share of would-be sellers boycotts the current high-cost market
Demographics
Millennials Are Willing to Give and Take to Become Homeowners
While other generations are pulling out of the housing market and waiting for conditions to improve, Millennials are doing whatever it takes to become homeowners
Housing Markets
These Metros Saw the Largest Home Price Increases in June
The June S&P CoreLogic Case-Shiller 20-city house-price index revealed strength in northeastern metros such as Chicago and Cleveland
Market Data + Trends
June S&P CoreLogic Case-Shiller Index Reveals Market Strength
Low inventory is keeping competition tight and is buoying home prices in a sluggish summer market
Financing
What the Rise of ‘Nepo-Homebuyers’ Means for the Housing Market
Wealth inequality isn't being helped by the fact that a growing number of young homebuyers are leaning on their families for financial support when buying a home
Housing Markets
Inventory Is Dwindling in These Local Housing Markets
Active inventory, new listings, and closed sales are declining the fastest in these local markets, according to Bill McBride's July market report
Market Data + Trends
Housing Experts Anxiously Await June Case-Shiller Report
Experts say the trajectory of the fall housing market hinges on this week's Case-Shiller home price index
Market Data + Trends
Mortgage Rates Reach 22-Year High, but Economists Are Optimistic
The 30-year fixed-rate mortgage reached a 22-year high last week, but market economists say a "glimmer of optimism" lingers on the horizon
Environmental
How a Climate Crisis Is Affecting Housing Affordability
Climate emergencies caused an estimated $57 billion in damage in 2021, and as Americans continue to rebuild from extreme weather events, housing is getting more expensive
New-Home Sales
New-Home Sales Rose Sharply in July
Prospective buyers are turning to new construction amid a widening supply shortage in the market for existing homes