Housing Market

One-Third of Houses for Sale Are New Construction, an All-Time High

The share of newly built single-family homes on the market is at a record high as builders try to keep up with surging homebuyer demand fueled by low mortgage rates, low inventory and remote work.  More than one-third (34.1%) of U.S. single-family homes for sale in December were new construction, up from 25.4% a year […]

Prices For Consumer Goods Are Rising Quickest in America’s Top Migration Destinations

Atlanta, Phoenix and Tampa have relatively high rates of inflation—between 8% and 9%—and they’re all popular migration destinations. That’s double the inflation rates in San Francisco and New York, places people are moving away from.  Migration into those places is one reason for rapidly rising prices of consumer goods and services.  Because of high inflation, […]

Sales, Supply Surge For the Most Affordable U.S. Homes as Mortgage Forbearance Ends

As the job market strengthened for lower-wage workers, mortgage forbearance came to an end and investors ramped up purchases, sales and supply rose in the most affordable part of the housing market at the end of last year. Meanwhile, sales of luxury homes fell.  Sales of the most affordable homes in the U.S. rose 11.3% […]
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