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
Fannie Mae’s Revised Housing Forecast Suggests Less Volatility in 2023
Fannie Mae recently revised its housing forecast to reflect strength in U.S. home prices amid a widening supply shortage
New-Home Sales
Contract Signings Slow Despite Strong Buyer Demand
Pending sales are falling, but housing activity is still lively across much of the U.S., especially in the new-home market
Remodeling Projects
As Housing Costs Rise, Fixer-Uppers Are Being Left Behind
High property prices and expensive home loans are making fixer-uppers less affordable and less desirable among today's budget-conscious buyers
Economics
The Big Gamble: Recession Predictions and Home Building
How current economic conditions—inflation, rising interest rates, and the threat of a recession—are affecting home building and buyers' desire and ability to purchase a home
Home Design
How Today’s Market Drivers Are Influencing Design Considerations
The COVID-19 pandemic and its economic and cultural aftershocks have led to what Housing Design Matters calls a (new) new normal for home design
Market Data + Trends
With Housing Market Supply and Demand Out of Sync, Home-Price Declines Are Shrinking
Home prices posted a slight year-over-year decline in June, but monthly home-price drops are getting smaller
Affordability
Annual Home Prices Fall for First Time in 6 Years, but There’s a Catch
U.S. home prices posted a gradual year-over-year decline in June, but affordability challenges persist amid rising mortgage rates and low for-sale inventory
Housing Markets
As the Housing Market Rebounds, These Cities Are Seeing Home Prices Rise the Fastest
The short-lived days of home price declines are over, and these high-cost metros are proof
Market Data + Trends
Is the Housing Market Recovering After an Early 2023 Correction?
U.S. home prices rose in April following a months-long slowdown caused by soaring interest rates
Affordability
High Home Prices, Steep Interest Rates Lock Homeowners in Place
Dwindling affordability remains the biggest obstacle for today's homebuyers, and a slowdown in new listings driven by tentative sellers is only making matters worse