Category Archives: Housing

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 […]

Tax Law Changes Could Usher in New Challenges For Housing Market, Reinforce Renter Demand

  Follow us:  Research Brief January 2018 HOUSING Developing Trends ■ First-time homebuyers accounted for 32 percent of purchases in December. The rate has bounced around the high-20 percent to the low-30 percent span since mid-2010 and will likely stay in this range through 2018, remaining well below the 41 percent long-term average. ■ The […]

Millennial Homeownership Edging Higher, Young Adults Still Favor Apartment Lifestyle

  Follow us:  Research Brief August 2017 HOUSING Developing Trends ■ Apartment construction appears likely to peak this year as more than 370,000 units are slated for delivery, up from 290,000 apartments in 2016. The majority of new supply is concentrated in luxury, Class A properties, and some markets could experience softening vacancy as these […]

  Household Formation, Loosening Lending Criteria Stimulate Housing Demand

  Follow us:  Research Brief July 2017 HOUSING Developing Trends ■ Existing single-family home prices increased 5.8 percent year over year in May to $252,800 and are up nearly $20,000 since the end of 2016. The increase pushed the median to a record high, largely driven by strong buyer competition and limited inventory across the […]