Support for rent control policies is building amid an ever-growing affordability crisis, but economists worry that if implemented, they could deter new housing development

Construction costs accounted for more than half of a home's total sales price in 2022

Dwindling supply and rising borrowing costs are backing prospective buyers into a corner just as the spring market heats up

For years, first-time buyers have been bogged down by soaring housing costs and fierce competition, but these programs could offer a more affordable starting point

The median asking rent is at its lowest level in a year as persistently high housing costs quell demand, but experts say rents could soon bottom out

The current shortage of affordable homes is due to more than just undersupply in the market

Soaring mortgage rates are forcing sellers to lower their asking prices in order to attract budget-conscious buyers, and with more rate hikes on the horizon, home prices are falling quickly

One year ago, Harvard's Joint Center for Housing Studies released its 2022 Rental Housing Report at a tumultuous time for the rental market. At the start of 2023, many of the same challenges persist

Interest rates are on the rise, but prospective buyers are still forging ahead with home purchases at the start of the spring market