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Recent Articles

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US builder confidence for new multifamily housing market down six points in Q1 to 48, dipping below 50 for the first time in three quarters; builders cautious due to high construction costs and their impact on affordability: NAHB
Published: May 20, 2022 by National Association of Home Builders (NAHB)
First-time US homebuyers may find it easier to buy a home in the city than in nearby suburbs, as suburban home values have been growing faster than those in urban areas since July 2021; buyers prioritizing affordability over proximity to workplace: Zillow
Published: May 18, 2022 by Zillow Group Inc.
US median monthly asking rent in April up 15.1% annually to a record US$1,962, up 1.1% month-over-month; rents continue to grow at nearly double inflation rate, landlords in hot migration destinations charging new tenants 30% more than last year: Redfin
Published: May 18, 2022 by Redfin Corp.
US builder confidence in market for newly built single-family homes fell eight points to 69 in May, the fifth consecutive monthly decline; affordability challenges in the form of rising interest rates, material costs and home prices dampened demand: NAHB
Published: May 17, 2022 by National Association of Home Builders (NAHB)
Around 56.9% of new, existing US homes sold in Q1 were affordable to families earning US median income of US$90,000, up from 54.2% in Q4; building material supply-disruptions, labor shortages and high inflation leading to deteriorating conditions: NAHB
Published: May 12, 2022 by National Association of Home Builders (NAHB)

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