Market Data + Trends 2023 Isn't Turning Out to Be Nearly as Tough as Home Builders Expected So far, the first six months of 2023 have far exceeded home builders’ expectations
New-Home Sales New Builds Make Up One-Third of Total Market Share Newly built homes accounted for more than a third of all single-family homes for sale in the U.S. during the second quarter of 2023
Single-Family Homes US Homes Are Smaller Than a Decade Ago, but Price Per Square Foot Is Higher The average U.S. single-family home sold in 2022 was slightly smaller than the typical home sold in 2012, but the cost per square foot was significantly higher
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
Financials Will the End of the Student Loan Moratorium Affect Housing? With student loan payments set to resume in October, many Americans are reassessing their finances
Environmental How One Broker Is Pairing Real Estate With Conservation This Florida broker is using a portion of her real estate commissions to plant trees in St. Petersburg, Fla.
Housing Markets These Local Housing Markets Are Seeing Slower Sales, Waning Inventory Western markets that saw surging sales just one year ago are now confronting weak homebuying activity and severe inventory shortages
Home Design Back to Bare Bones—Delivering New Homes Buyers Can Actually Afford Elevated expectations in the new-home market are driving up costs for unnecessary amenities homebuyers may not actually want
Market Data + Trends When Will the Housing Market Favor Buyers Again? The majority of Americans say now is a bad time to buy a home, and experts say market conditions may not improve anytime soon
