Market Data + Trends Is Respite From Rising Home Prices and Mortgage Rates on the Horizon? A cooler seasonal market could lead to long-awaited price drops after a summer of record gains
Market Data + Trends Housing Inventory Reaches Highest Level of 2023 In a nutshell: Rising mortgage rates make more housing inventory
Market Insights A 2023 Outlook on Building Product Install Volumes Building product demand in residential construction is likely to be down for the reminder of the year compared to 2022, but the researchers...
Market Data + Trends US Home Prices Are Rising Again An inventory shortage caused by climbing interest rates is causing home prices to surge for the first time in five months
Market Data + Trends Single-Family Homes Are Getting Smaller Why has the average U.S. single-family home size fallen to its lowest level since 2010?
Economics How a Mild Recession Could Actually Help the Housing Market A housing recession may not be as scary as it sounds, especially after years of unprecedented growth leading to a supply/demand imbalance
Remodeling A Remodeling Boom Is in Full Swing Homeowners who can't afford to refinance and purchase a new home in today's high-cost housing market are opting to use their equity savings to renovate instead
Market Data + Trends Single-Family Home Prices Rose in Q2 2023 U.S. homes prices posted a small increase during the second quarter of 2023, but these metro areas saw much bigger changes...
Demographics Americans Are Waiting Longer to Buy Their First Home The average age of first-time buyers is the oldest on record, thanks to high housing costs and a shortage of entry-level homes
New-Home Sales Findings From NAHB/Wells Fargo Housing Market Index for August Home builder confidence may have seen a dip in August, but demand for new-home construction is on the rise
