Asking Rents Continued to Rise in April, But at a Slower Pace
An overheated rental market may finally be cooling down, but prices remain at record highs in most major metros
Builder Confidence Drops as Interest Rates Climb Higher
Builders are feeling the pressure of rising mortgage rates coupled with surging prices for building materials
Investors Are Taking Over Southern Housing Markets
Investors account for over a quarter of all home purchases in some popular housing markets, and first-time buyers can't compete
Buyers Are Returning to Cities as Prices for Suburban Homes Rise to New Highs
Suburban housing markets are seeing high demand and rapidly rising prices, forcing some buyers to return to nearby metros
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Affordability
Rising Mortgage Rates Caused Housing Affordability to Drop in March
The majority of first-time buyers were priced out of homeownership as interest rates rose at a steady pace in March
Market Data + Trends
A Housing Slowdown Could Define the Spring Market
Rising mortgage rates are slowly but surely causing home prices to decelerate, meaning more balanced buying conditions could be on the way
Market Data + Trends
Housing Prices Outpace Wages in Smaller Metros
Migrating buyers are sending housing prices to record highs in small metros, but wage growth can’t keep up
Affordability
Chief Economist for National Association of Realtors Predicts Waning Affordability Ahead
National Association of Realtors chief economist Lawrence Yun says that a market slowdown could be just around the corner
Housing Policy + Finance
Fed Moves Full Speed Ahead With Tighter Monetary Policy
The Federal Reserve isn’t backing down on its plans to send rates soaring in response to record inflation, an approach which could last into the start of 2023
Market Data + Trends
When Will Rising Mortgage Rates Reach Their Peak?
Mortgage rates are tipping beyond 5%, but market inflation won't be the norm forever
Market Data + Trends
Top U.S. Home Builders Report Strong Sales Despite Rising Mortgage Rates
After years of fierce competition for limited housing supply, elevated interest rates may not be enough to cool off a red-hot housing market
New-Home Sales
Record Low 30% Of Americans Say Now Is a Good Time to Buy a Home
U.S. buyers unfazed by record home prices and tense bidding wars during the pandemic are lowering their expectations and holding off on home purchases two years later
Market Data + Trends
Year-Over-Year Rents Are Rising, But at a Slower Pace
Rental prices are up to new highs, but experts say they may finally be decelerating
Market Data + Trends
Homebuyers Are Relying on Discount Points and Rate-Locks to Endure Rising Mortgage Rates
As the 30-year fixed-rate mortgage creeps closer to 6%, buyers are locking in rates to avoid more price hikes in the months to come
