Home builders nationwide are refraining from starting new projects as they try to offload inventory, with housing starts dropping 6% year-over-year in August, and housing completions dipping 8.4%
Tagged: Housing Supply
The Urban Institute examines data to see how policymakers at the local, state, and federal levels are expanding manufactured housing options to help solve the market’s affordability and housing supply issues
Nearly one full month into the federal government shutdown, markets where many households rely on federal employment are seeing homebuyers take a brief step back as uncertainty persists
Pending home sales jumped 17% year-over-year in San Francisco in September — more than any other major metro, as the typical home also sold in roughly 20 days, more than twice as fast as the typical U.S. home
Despite rate dip, Redfin hasn't seen any measurable bump in sales
Surprise: Owners saw their median housing costs decline in the past two decades
Realtor.com highlights areas where new construction is helping to ease affordability constraints.
Finds housing issues are hyper-localized within cities themselves, and by particular income categories
Borrower demand remains strong, but is stifled by inventory and affordability barriers
Statewide trends point to a more balanced market for single-family homes and a buyer’s market for condos