Market Data + Trends After Years of Volatility, the Housing Market May Be Normalizing, Says John Burns Current market conditions point toward a housing slowdown, but months of supply and employment growth will be two key metrics shaping the path forward
Market Data + Trends A Seller’s Market No Longer? Buyers Regain Control as Competition Weakens Sellers are lowering their asking prices as buyers back out of home sales in a cooling market
New-Home Sales Homeownership Considered Highest Gauge of Prosperity by Majority of Americans Homeownership is still an integral facet of the American Dream for most Americans despite recent obstacles for many buyers
Economics NAHB Predicts Mild Recession in 2023 A housing market slowdown points toward affordability and opportunity for buyers in the long term, but its more immediate impact may cause a mild recession, according to NAHB
Market Data + Trends The Housing Market Is Hitting a Turning Point, but Where Will It Go From Here? Home sales are slowing, asking prices are dropping, and—believe it or not—inventory is rising
Market Data + Trends What’s Driving Record Growth in the Rental Market? Changing household preferences and a lack of housing affordability post-pandemic caused apartment demand to double at the start of 2022
Housing Markets Prices Drop In Overvalued Markets as Housing Boom Subsides Sellers are being forced to lower their asking prices to accommodate budget-conscious buyers in overpriced regional markets
Master Planned Communities New Home Trends Institute’s May Insights Report Reveals Growth in For-Rent Housing Master planned communities are accommodating popular COVID-era buyer preferences and building more rental housing
Market Data + Trends The Buying Boom Is Slowing, and Experts Say a Housing Correction Could Follow As mortgage rates keep climbing, we may be moving from a housing boom to a housing correction, says top economist Mark Zandi
Market Data + Trends A More Balanced Market Is Within Reach, Experts Say All signs point toward more market equilibrium in the coming months as sellers drop their asking prices amid waning demand