Single-Family Homes Single-Family Build Time Grew in 2023 The amount of time it takes to complete a single-family home increased primarily due to stricter regulations and a shortage of construction workers
Affordability Housing Inventory May Be Increasing, but the Deterioration of Existing Homes Remains an Issue Lack of funding for repairs for low-income homeowners and the continued deterioration of older homes are adding to the US housing crisis
Labor + Trade Relations These Are the Highest Paying States for Women in Construction The construction industry has been trying to retain more women, but some states offer better wages than others
Single-Family Homes Single-Family Rent Growth Stabilizes Rental rates continue to climb but at a much slower pace compared with the surge in prices that occurred during the pandemic
Insurance Baby Boomers Burdened by Home Insurance Costs Those in coastal markets, particularly in Florida, have been the most affected by rising insurance rates
Market Data + Trends Starter-Home Sales Trend Upward While sales for middle- and upper-priced homes fell, starter-home sales grew by more than 10% year-over-year
Build to Rent Single-Family Build-to-Rent Home Starts Grew During Q2 2024 With an ongoing need for rental housing, the number of B2R home starts in Q2 2024 increased by 10% year-over-year
Market Data + Trends July Sees Uptick in New-Home Sales This growth can be attributed to new-home price cuts, higher inventory, and buyer incentives
Market Data + Trends How Common Are Off-Market Home Sales? This year, there have been more than 1.2 million off-market home sales, with the most transactions occurring in Texas, Florida, and Georgia
Housing Markets These Housing Markets Offer the Easiest Path to Homeownership In some Southern housing markets, it is less challenging to purchase a home, while homebuyers in the Northeast are having the most difficult time