Are we in a housing bubble? It depends on who you ask

Are we in a housing bubble? That’s a big question that’s constantly on the mind of everyone in the industry. One financial analyst thinks so, but real estate economists who spoke to Inman disagree.

US housing starts reach highest level in over a decade

Residential housing starts rose 5 percent in May, the highest rate since June 2007, according to Bloomberg.

New housing starts fell in April, especially multifamily projects

Multifamily housing starts with five or more units fell from a seasonally adjusted 428,000 in March 2018 to 374,000 in April, a 12.6 percent drop. 

Why we can’t count on current homeowners to boost low inventory

Seventy-nine percent of homeowners told Bankrate they don’t plan to move in the next five years. Another 62 percent said they’ll never move from their current home …

Economic Forecast: Expectations High, but Less Long-Term Optimism

The latest Urban Land Institute (ULI) Real Estate Economic Forecast predicts modest fluctuations across the board for 27 economic/real estate indicators. The three-year forecast is completed semi-annually, surveying over 48 economists and analysts at 36 real estate organizations. A leading concern? Rising interest rates. ULI forecasts interest rates to be 0.4 percent higher in 2018 […]

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Housing Starts Overall Upsurge, While Single-Family Wanes

Home-building in March picked up, with housing starts on a 1.9 percent surge and totaling 1.32 million, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family starts waned, down 3.7 percent to 867,000. Multifamily starts (five units or more) came in at 439,000. “The modest decline in single-family […]

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Housing Starts Soften

February’s home-building receded, with housing starts softening 7 percent and totaling 1.24 million, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Notably, single-family starts increased 2.9 percent to 902,000. Multifamily starts (five units or more) came in at 317,000. The decline is a departure […]

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Home Prices Relax Ahead of Spring

The brakes are on growing home prices, with appreciation at 6.7 percent—the lowest rate since November 2016, according to the January Zillow® Real Estate Market Report. Appreciation hit 7.6 percent in May 2017 but tempered through the year. The deceleration could give homebuyers hope this spring, says Aaron Terrazas, senior economist at Zillow. “Home values […]

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Which cities did the most building in 2017?

Experts have said time and again that increased new residential construction is the key to bolstering inventory levels and slowing home price growth. So, how have homebuilders across the nation done with getting us closer to that “magic” number of 1.5 …

Housing Starts Blow by Expectations

Home-building activity blew by expectations in January, with housing starts up 9.7 percent to a rate of 1,326,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts increased 3.7 percent to 846,000. Starts for units in buildings with five units or more […]

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