Framing Lumber Prices
The framing lumber composite price decreased 2.0% for the week ending on Dec. 13. Despite the decline, lumber prices are
Read More
Market Data
The Role of Housing in U.S. Inflation
In August 2024, U.S. inflation showed modest easing, with the Consumer Price Index (CPI) rising by 0.2% for the month
Read More
Mortgage Rates Forecast for 2024: Experts Predict How Much Rates Will Drop
A look at mortgage rates from Forbes. According to Forbes, despite expectations that the Federal Reserve will finally cut its
Read More
State Agency Report: Vermont Needs at Least 24,000 New Homes
Vermont needs new housing units due to pandemic migration and rising demand. According to VT Digger, Vermont would need to
Read More
A Data Profile of NAHB Remodelers
This new report by the National Association of Home Builders profiles NAHB remodelers. According to The National Association of Home
Read More
Single-Family Starts Weaken in June
Higher interest rates for home mortgages and construction loans constrained both single-family home production and demand in June. According to
Read More
The Goldilocks New Home Market
From May 14–15, 2024, a select gathering of clients and colleagues convened for our annual Housing Summit, representing diverse sectors
Read More
Single-Family Built-for-Rent Starts Post Year-Over-Year Gain
As builders sought to add additional rental housing in a market facing ongoing, elevated mortgage interest rates, single-family built-for-rent construction
Read More
U.S. Housing Starts Accelerate; Building Permits Skid to Eight-Month Low
In June, homebuilding in the U.S. exceeded expectations, although permits for future home construction dropped to their lowest level in
Read More
Resilient U.S. Housing Market Defies Lofty Rates
Continuing to defy notions of rising rates, much of the United States housing market has remained resilient to such, even
Read More
New Single-Family Rentals Reach All-Time High, With Another 45,000 on the Way
Build-to-rent (BTR) is having a moment. Riding alongside the rise of hybrid work and millennials coming of home buying age
Read More
February Gains for Single-Family Construction Spending
Private residential construction spending rose 0.7% in February, the third month of gains in a row, according to a NAHB
Read More
Rising Supply Draws in Buyers, Even as Housing Payments Soar 10% to All-Time High
Reaching an all-time high, the average monthly housing payment in the United States hit $2,721 during the four weeks ending
Read More
Moderating Interest Rates, Pent-up Demand Push Single-Family Starts Higher
Single-family starts reached their highest level in February since April 2022, driven by pent-up demand, moderating interest rates and lack
Read More
New Existing-Home Sales Outlook Report Projects Uptick in Sales, Despite Rising Mortgage Rates
By Mark Fleming On average, nearly 40 percent of all existing-home sales in a year occur during the spring home-buying
Read More
Mortgage Activity Jumps after Falling for Three Consecutive Weeks
Through the week ending March 1, per the the Mortgage Bankers Association’s (MBA) survey, total mortgage activity increased 9.7% from the
Read More
The Hottest U.S. Housing Markets
U.S. News & World Report did an analysis of the hottest housing market where they pulled from the U.S. News
Read More
Builder Sentiment Posts Third Consecutive Monthly Gain
Various industry factors are contributing to the recent boost in builder sentiment. Expectations that mortgage rates will continue to moderate
Read More
Top Housing Markets for Gen Z Homebuyers Announced
Those Gen Z, born between 1997 and 2012, are growing up and reaching typical homebuying years and entering the housing
Read More
Builder Sentiment Rises on Falling Interest Rates
Recent economic data signal improving housing conditions heading into 2024 as falling mortgage rates helped end a four-month decline in
Read More
Existing-Home Sales Expanded 0.8% in November, Ending Five-Month Slide
Per the National Association of REALTORS® (NAR), existing-home sales grew in November, breaking a streak of five consecutive monthly declines.
Read More
Falling Mortgage Rates Spark Increase in Housing Market Potential
Recent mortgage applications data indicates a thaw in the housing market is upon us, says First American Title Chief Economist
Read More
Mortgage Activity Increases Despite Rise in Interest Rates
Through the week ending October 6th, total mortgage activity increased 0.6% from the previous week and the average 30-year fixed-rate
Read More
July Gains in Private Residential Construction Spending
It was shown that private residential construction spending rose 1.4% in July, which followed a 1.5% increase in June and
Read More
1990s Nostalgia Hits the Housing Market, With One Key Difference
By Ksenia Potapov The many twists and turns of the housing market over the last few years have made it
Read More
New Home Sales Increase in July Despite Higher Mortgage Rates
Inventory is low, it’s been low, hence the solid demand from potential homebuyers. This coupled together has offset high mortgage
Read More
Surprising Strength in Housing and Labor Markets
Typically considered rate-sensitive, the housing market has proved to be resilient By Alex Thomas The Federal Reserve has raised rates
Read More
Austin Housing Market Improved Over the First 6 Months of 2023
The Austin housing market has improved immensely within the past 6 months of 2023. Despite a slight uptick in mortgage
Read More
Housing Market Potential Increases, According to First American Potential Home Sales Model
In a higher mortgage rate environment, where many existing homeowners stay put and limit the supply of homes for sale,
Read More
Homebuilders Who Cater To First-Time Buyers Have Strongest Standing
The market is improving for home construction as home builders are geared towards more first-time home buyers. This is all
Read More
Mortgage Activity Increases as Affordability Improves
Total mortgage activity increased 7.2% from the previous week and the average 30-year fixed-rate mortgage (FRM) rate fell five basis
Read More