Housing Market News
Affordability
Property Taxes Have Surged Nearly 60% in Tampa and Jacksonville Since 2019, Exacerbating Florida’s Housing Affordability Crisis
Property tax bills have increased since 2019 in nearly every major U.S. metro, with Florida home to three of the five metros with the biggest
U.S. Home Prices Grew 0.5% in September, the Fastest Pace Since April
Home prices grew 0.5% month over month in September, the fastest pace since April. On a year-over-year basis, home prices rose 6%, the smallest annual
Renters Are Nearly Twice as Likely as Homeowners to Say Housing Affordability Impacts Their Pick for President: Survey
32% of surveyed renters say housing affordability is a top-three issue when it comes to deciding which presidential candidate they’ll support. That compares with 17%
Trump vs Harris: Renters Debate Who Is Better for Housing Affordability
Roughly half of surveyed renters think Kamala Harris would be the best choice to make housing more affordable, while about one-third think Donald Trump would
Buying a Starter Home Is Now Cheaper Than It Was a Year Ago
Buyers need to earn $77,000 to afford the typical U.S. starter home, down 0.4% year over year. That’s the first annual decline since 2020 thanks
Asking Rents for New Apartments Drop 6% to Lowest Level Since 2022, as Finished Buildings Soar
The asking rent for a new apartment fell to $1,746 in the second quarter, down 6.2% from a year ago. One-bedroom apartments fell the most,
Homebuyers Are Scoring the Biggest Discounts in 13 Years
The typical buyer who scored a home for below the list price in 2025 got a 7.9% discount—the largest since 2012. 1 in 4 buyers
More Gen Zers are Buying Homes. But It’s a Trickle, Not a Flood.
Homeownership for young Americans is a mixed bag. The homeownership rate for Gen Zers and millennials is ticking up, but both generations are tracking behind
Homebuyers Are Canceling Deals at the Highest Rate on Record
Over 40,000 U.S. home-purchase agreements were canceled in December, equal to 16.3% of homes that went under contract that month—the highest December percentage in records
Home Sellers Outnumber Buyers By a Record Margin, Upping Buyers’ Bargaining Power
There were a record 47% more home sellers than buyers in December, giving the buyers who were in the market negotiating power. The Sun Belt
Trump’s Mortgage Bond Order Pushes Rates Below 6% For First Time in Nearly 3 Years, Boosting Purchasing Power
Purchasing power has increased $30,000 in the last six months, with rates falling below 6% the day after President Trump ordered a $200 billion mortgage
The U.S. Housing Market Has 37% More Sellers Than Buyers—More Than Double Last Year’s Gap
Summer 2025 was the only time in records dating back to 2013 that sellers outnumbered buyers by a larger percentage. This mismatch means it’s a
