Category Archives: Housing

Affordability Slows Home Sales, Turning Rising Residential Demand Toward Apartments

    Follow us: |  |  Research Brief October 2018 HOUSING Developing Trends ■ Despite lowering apartment vacancy, tightened construction lending has led to a tapering in multifamily permitting issuance, while single-family permitting also remains low. A slowdown in housing construction will be met with heightened residential demand and could lead to a shortage of stock if […]

Affordability Concerns Rise as Demand Exceeds Housing Construction

  Follow us: |  |  Research Brief September 2018 HOUSING Developing Trends ■ The rising cost of homeownership has decelerated existing home sales activity to the slowest pace in more than two years. Sales declined for a fourth straight month in July and were down 1.4 percent from one year ago. ■ New home sales continue to […]

Millennials Driving Force Behind Home Sales; Affordable Suburban Locations Gaining Popularity

    Research Brief June 2018 HOUSING Developing Trends ■ While listings under $200,000 continue to fall, overall total properties available for sale in April increased for a fourth consecutive month. With sales activity holding relatively in line with levels over the past two years, the months supply of inventory loosened to 4 months. ■ […]

Home Price Appreciation Widens Affordability Gap, Sustains Strong Apartment Housing Demand

  Follow us: |  |  Research Brief March 2018 HOUSING Developing Trends ■ First-time homebuyers accounted for 29 percent of sales in February, down from 31 percent one year earlier. Rising interest rates could put additional strain on home sales this year. Limited for-sale inventory, especially in the entry-level home segment, will keep many would-be homebuyers on […]