Market Data + Trends US Housing Market Reaches Nearly $50 Trillion in Value The total value of the US housing market has more than doubled in the past 10 years, growing by 120% since 2014
Market Data + Trends Opportunity Zones See Strong Home Price Growth Even so, the median home values in most Opportunity Zones remain far below the national median
Single-Family Homes Where Is the Single-Family Rental Market Headed? Investors are cautiously optimistic about the state of the market, but interest rates and insurance costs remain a concern
Labor + Trade Relations Residential Building Wage Growth Accelerates—Fastest Growth Since 2018 Hourly wages for residential building workers averaged $32.28 per hour as of June
Housing Markets How Much Does It Cost to Afford a House in the 15 Most Expensive US Cities? Due to strong job markets, growing populations, and low housing inventory, many California cities top the list of most expensive areas to buy a home
Market Data + Trends Home Prices Continue to Grow, But Some Markets Could See a Slowdown Soon By next summer, the US housing market could see home price increases cool to 2.3% year-over-year, compared with the 4.7% increase observed this year
Financing Homeowner Equity Grows Despite Mortgage Debt Outstanding mortgage debt hit an all-time high in June, but rising home prices outpaced that growth. The upshot: a new record high for mortgage holder equity
New-Construction Projects What Impact Does New-Home Construction Have on the US Housing Market? Prices for new-build homes are increasing overall, but not in every local housing market
Demographics Affordability Trumps Safety for Many Gen-Z Homebuyers More than a quarter of Gen Zers are likely to forgo a safe location, compared with just 5% of Baby Boomers
Financing New Low for Mortgage Rates Is Good News for Homebuyers But while low rates are a positive sign for prospective buyers, a drop in rates could also signal challenges in the larger US economy
