Housing Markets Millennials Are Taking Over the High-End Housing Market High-income Millennial buyers are skipping past starter homes and diving into the deep end of a competitive high-end market
Market Data + Trends A Frenzied Housing Market Could Persist Beyond the Spring Season Price hikes and dried up inventory could remain status quo into the summer months, and potentially for the entirety of 2022
New-Construction Projects February Housing Starts Reached Highest Share Since 1973 Residential construction starts rose to a new high in February, suggesting a boost in inventory after over a decade of scarce supply
New-Home Sales Vacation Home Demand Falls to Lowest Level Since 2020 Rising mortgage rates are turning prospective buyers away from second home purchases after record high demand throughout the pandemic
Housing Markets A Record Share of U.S. Homes Are Worth $1 Million or More The share of million dollar homes rose nationwide to 8.2% in February as a lack of inventory drives up sale prices
New-Home Sales Home Sales Are Moving at Record Speeds Buyers are racing to snatch up for sale properties as slightly lower mortgage rates offer temporary affordability
Housing Markets The Hottest U.S. Real Estate Markets Are Reporting New Record-High Prices February’s hottest housing markets could spell trouble for budget-conscious buyers
New-Home Sales Almost 6,000 U.S. Homes Have Sold for at Least $100,000 Above Asking Price in 2022 Buyers are upping the ante to secure fast-selling homes in a heated 2022 housing market
New-Home Sales A Return to Seasonal Buying Patterns Depends on Increased Inventory Market seasonality has been practically nonexistent throughout a post-pandemic buying frenzy, and low supply could keep offseason activity strong for the remainder of 2022
Market Data + Trends Mortgage Rates Plunge Following Russian Invasion of Ukraine Mortgage rates dropped at the fastest pace since early 2020 on Tuesday as home prices rose to another record high
