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US homebuyer affordability improved in August as national median payment applied for fell to US$1,839 from US$1,844 in July; modest improvement due to slightly lower mortgage rates, steady income gain growth: Mortgage Bankers Assn.
Published: September 22, 2022 by Mortgage Bankers Association
US builder confidence in market for newly built single-family homes fell three points to 46 in September, lowest level since May 2014; decline in affordability due to elevated interest rates, material supply chain disruptions and high home prices: NAHB
Published: September 19, 2022 by National Association of Home Builders (NAHB)
Goldman Sachs expects rents to rise 0.6%-0.7% month-to-month for next several months, peak around 7% year-over-year later in 2022; analysts attribute rising rents to high demand as homebuyers are priced out amid rising rates and home prices, low inventory
Published: September 13, 2022 by USA Today Online
Share of US single-family homebuilding in large metro core and inner suburbs fell to 41.6% in Q2 from a pre-COVID level of 44.5%; shift in housing demand from higher density core areas to low density markets due to a larger share of affordable homes: NAHB
Published: September 06, 2022 by National Association of Home Builders (NAHB)
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
Published: September 02, 2022 by John Burns Real Estate Consulting LLC

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