2023 was a historic year for the housing market. Learn all about it in Redfin’s 2023 housing market year in review.
S&P Case Shiller National Home Price Index Let’s take a look at the idea that housing prices always go up. Of course, each neighborhood is different, so some neighborhoods might be depreciating, while a few miles away, housing prices are skyrocketing. Still, by looking at the nationwide a...
Housing starts in Canada rose by 5% over a month to 223,808 units in September 2024, below market expectations of 237,500 units, according to the Canada Mortgage and Housing Corporation. The monthly SAAR of total urban housing starts was 6% higher at 210,002 units, as multi-unit urban sta...
Asheville, NC's housing markethas become a standout in the state. Luring residents with its vibrant arts scene and proximity to the Blue Ridge Mountains, Asheville has seen a surge in buyer interest. This influx has impacted affordability and competition. Before diving in, this article exploresA...
Furthermore, the HP -income graph suggests that increase in income cannot catch up with the rise in HP and thus causing housing affordability problem after 2011. Other than income and HP imparity, land cost, construction cost and compliance cost have gone up drastically, roughly in the ratio ...
Housing affordability and investments in children. J. Hous. Econ. 2014, 24, 89–100. [Google Scholar] [CrossRef] Letts, L.; Moreland, J.; Richardson, J.; Coman, L.; Edwards, M.; Ginis, K.; Wilkins, S.; Wishart, L. The physical environment as a fall risk factor in older ...
2024-09-17 US Homebuilder Sentiment Lowest So Far This Year The NAHB/Wells Fargo Housing Market Index in the US fell to 39 in August 2024, the lowest level so far this year, from a downwardly revised 41 in July and below forecasts of 43. A lack of affordability and buyer hesitation ...
“However, given the rock-bottom mortgage interest rates and historically high housing affordability conditions, the pace of a sales recovery could pick up quickly, provided the economy consistently adds jobs. Consumers rationally jumped into the market? People were paying $30,000 to $40,000 more...
Why wasn’t San Francisco put on that map? Their prices are as high as ours and the median income is lower, so their unaffordability index is worse than ours! madhaus of Silicon Valley PS – I find the words hard to read in some cases. They could have easily said “maimer” or “...
The major parties are too fooked to fix. The problem is that a third party will need to have deep financial pockets to have a chance to take on the entrenched power structure and win……..and it seems that the only people that have that kind of money aren’t any better/as trustworthy...