Home prices fell in 24 percent of markets, with five Florida markets posting the biggest price declines. But buyers chasing affordability drove up prices the…
Posts published in “housing demand”
Multifamily investing expert Michael Zaransky reflects on the deep structural divergence between housing demand and the system’s ability to deliver new units under current economic…
Consumer sentiment dipped to 69.5 in August following months of recovery, a downward shift that underscores the complex web of rapidly changing expectations, according to…
With the gross domestic product eclipsing expectations in 2Q, the US appears to have avoided a long-predicted recession, even as the real estate industry remains…
During a Connect Now session on Thursday, Zillow Senior Economist Dr. Orphe Divounguy predicted affordability will “stabilize” in 2023, setting the stage for an increase…
The share of first-time homebuyers was up last year but far below the runup to the housing crash of 2008, according to NAR’s Profile of…
Pandemic-fueled housing demand is finally beginning to catch up with years of oversupply in the timber industry that resulted from the 2008 financial crisis. Source:…
Thinking optimistically and knowing a little about U.S. homebuilders and American ingenuity, builders might create an average of 2 million homes annually and achieve a…
Pandemic-related supply chain issues and shortages of lumber have continued to contribute to rising lumber prices, but intense homebuyer demand for single-family homes has kept…
Median prices of single-family homes and condos are now less affordable than historical averages in 63 percent of counties, up from 54 percent one year…