Demographics A Generational Housing Shift Is Coming and Millennials Are Leading the Charge Look out baby boomers—Millennials are taking over the housing market, and Gen Z isn’t far behind
Market Data + Trends Home Prices Could Rise Another 11% This Year, Fannie Mae Predicts The days of hefty home price increases aren’t yet behind us, but more gains could lead to a long-awaited slowdown ahead of 2023
Housing Markets Small Metros Top the List of Up-And-Coming Spring Markets Cities with small populations and booming economies are attracting the most buyers during the spring season
New-Home Sales Fewer Prospective Buyers Are Actively Making Home Purchases in 2022 The share of prospective buyers actively looking for a home dropped significantly from 2021 to 2022 as mortgage rates continue to rise and inventory drops to a new low
Remodeling Remodeling Demand Surges as Homeowners Choose Not to Sell Rising mortgage rates and waning inventory are creating a financial incentive for current homeowners to stay in place and remodel
New-Home Sales Homebuyer Demand Drops During Spring Holiday Season The Easter holiday slowed buyer demand ahead of another possible cooldown during the spring season
Manufacturers + Suppliers Home Builders Are Feeling the Supply Chain Aftershock of the Russia-Ukraine Conflict The war in Ukraine is cutting off essential commodities and leaving builders to contend with backed up supply chains
Environmental Americans Are Relocating to Climate Havens to Escape Extreme Weather Those living in climate danger zones are migrating to safe haven metros in the Northeast and Midwest
Market Data + Trends Nationwide Asking Rents Climbed 17% To an All-Time High in March Asking rents are rising in the double digits, and some metros are even seeing gains up to 40%
New-Home Sales March Home Sales Dropped as Inventory Dwindled and Prices Soared For-sale homes were in short supply during March, but even those who managed to find pockets of inventory were held back by elevated prices
