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
September Starts Continue Historic Climb
Residential construction continues to make its case for being a beacon for economic recovery as the pace of single-family starts in September was the highest production rate since the pre-crash summer of 2007.
Market Data + Trends
Which States Have the Most Second Homes?
Second homes, defined as non-rental property that is not the owner's principal residence, accounted for 5.5% of the nation’s housing stock in 2018…
Market Data + Trends
Builder Confidence Remains Extremely High
Builder sentiment set a record for the second consecutive month, reaching 85 in October compared with 83 during the previous month. September and…
Market Data + Trends
August Was Robust for Single-Family Permits
Single-family permits during the first eight months of the year rose 6.9% with most of the gains posted in the Midwest, South, and West regions.…
Demographics
Gen Z Is Buying in These 10 Cities
Salt Lake City, Utah is a magnet for Gen Z home buyers, the population group born after 1996.
The burgeoning tech hub on the edge of the…
Market Data + Trends
Buyers Continue to Choose Suburbs Over Cities
While the pandemic upended lives in the ways of remote work and learning, it gave homeowners the opportunity to feel more comfortable upending…
Market Data + Trends
September Listings Averaged 16 Days on Market
Homes are flying off the shelves significantly faster than one year ago—even expensive listings. Zillow reports that the typical U.S. home sold…
Remodeling
Home Improvement Spending Expected to See 2021 Gains
Home improvement project budgets have decreased due to the pandemic, but the Joint Center for Housing Studies of Harvard University says there…
Housing Markets
San Francisco Home Listings Outnumber Buyers
As San Francisco workers flee the pricey city center and flood into surrounding areas, their condos, apartments, and homes are left to flood the…
Market Data + Trends
Luxury Home Sales Hit 7-Year High
Luxury homebuyers kicked it up a notch in the third quarter, raising luxury home sales by 41.5%. The increase is the largest since 2013. Unlike…
