A slowdown in new listings from hesitant home sellers is benefitting home builders, who are seeing increased demand from buyers turning to new-construction
Affordability expectations worsened between the first and second quarters of 2023 as high home prices and rising mortgage rates continued to price a growing number of homebuyers out of the for-sale market
A growing number of homebuyers expect their home search to get easier in the months ahead due to increased supply, but most aren't seeing major inventory changes just yet
A recent report by Harvard's Joint Center for Housing Studies reveals that even despite rising construction rates, record-high housing costs are creating insurmountable barriers for lower-income households