Economics What the Rise and Fall of Lumber Prices Reveal about the Pandemic Economy The rise, fall, and now the volatility of lumber prices tell us three things about the pandemic economy
Building Materials What’s With the Lumber Price Disconnect? If lumber futures and mill prices are declining by double digit percentages, why not the street prices builders are paying?
Economics Mortgage Activity Drops to Lowest Level Despite a decline in rates, mortgage demand declined to its lowest level since the pandemic started.
Demographics Majority of Young Adults Plan to Use Their Savings Toward Homeownership A recent Zillow survey found three in five Millennials and Gen Zers will use their money saved during the pandemic toward a down payment on...
Market Data + Trends Home Sales Return Strong in May to the Industry's Surprise In an unexpected turn, home sales came back strong in May after several months of relaxing sales. From April to May, pending home sales...
Economics Consumer Confidence Back to Pre-Pandemic Levels Consumer confidence reached pre-pandemic levels in May despite short-term inflation expectations. The Conference Board’s Consumer Confidence...
Market Data + Trends Single-Family Home Prices Up 14.6% in April Nationwide Home price gains reached the top quartile of growth historically in April as home prices increased 14.6% year over year. That’s up from...
Economics If Time Really Was Money, Homes are 50% Cheaper Than in 1980 Could housing be more affordable today than 40 years ago when the median home price was $64,600? By analyzing affordability through the lens...
Remodeling Homeowners Spent 15% More on Home Improvements in 2020 With little to do and lots of time, Americans were forced to reevaluate their living spaces when the pandemic came around. It resulted in a...
Market Data + Trends Has the Housing Market Reached its Peak? The housing market remains incredibly competitive compared to pre-pandemic times, but buyers have begun to pull back, slightly cooling the...
