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Housing wealth for homeowners aged 62 and older in Q2 up 3.7% over Q1 to record US$9.57T; senior-held mortgage debt increased by US$42B: NRMLA

US homeownership rate was flat at 65.4% in Q3; national homeowner vacancy rate stayed at a record low of 0.9%, while the rental vacancy rate decreased to 5.8%: NAHB

CIBC report finds average gift for first-time homebuyers rose to C$82,000 in 2020 from C$52,000 in 2015; trend of homebuyers receiving large financial gifts from parents is worrying because prices can appreciate faster, affordability gap increases

Share of US adults planning a home purchase within a year cools to 16% in Q3 after peaking at 17% in Q2; share of prospective buyers who are purchasing a home for the first time increased for a fourth consecutive quarter, up to 65%: NAHB

A third of pending home sales were under contract within one week, largely fueled by the ongoing supply shortage; active listings of homes for sale declined 22% from 2020

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