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Recent Articles

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John Burns Consulting: While consumers still believe home ownership is important, 66% believe it is currently a bad time to invest, which means home purchases will be delayed for more than just affordability reasons, and rental demand will strengthen

UBS: Nothing can stop Americans from believing a home is a good investment, even record-high prices; optimism may be attributed to structural deficit of housing supply in US that could take years to rectify, which means prices will likely keep climbing

US homeownership rate reported at 65.8% in Q2, statistically unchanged from Q1's reading of 65.4%; national homeowner vacancy rate was flat at 0.8%, while the rental vacancy rate decreased to 5.6%: NAHB

US homebuyers with fair credit could pay up to US$288 more on monthly mortgage payments than buyers with excellent credit; homebuyers expected to pay nearly 62% more per month than year ago to purchase typically priced home: Zillow

Housing wealth for homeowners aged 62 and older in Q1 up 4.91% over Q4 to record US$11.12T; senior-held mortgage debt increased by US$43B: NRMLA

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