Category Archives: Housing

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 […]

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 […]