- Moving Out of Parental Homes is On Holdby Natalia Siniavskaia on January 20, 2025
The worst on record rental affordability conditions, depleted “excess” savings of the pandemic era, and high mortgage rates halted the post-pandemic trend of young adults moving out of parental homes. The share of adults ages 25-34 living with parents or parents-in-law hovered just above 19% in […]
- Housing Starts End 2024 on an Up Noteby Robert Dietz on January 17, 2025
Fueled by solid demand, single-family construction moved higher in December despite several headwinds facing the industry, including high mortgage rates, elevated financing costs for builders and a lack of buildable lots. Overall housing starts increased 15.8% in December to a seasonally adjusted […]
- Remodeling Market Sentiment Improves in Fourth Quarter of 2024by Eric Lynch on January 16, 2025
The NAHB/Westlake Royal Remodeling Market Index (RMI) posted a reading of 68 for the fourth quarter of 2024, up five points compared to the previous quarter. Remodelers are more optimistic about the market than they were earlier in the year, corroborated by NAHB’s recent analysis of home […]
- Builder Confidence Edges Up Even as Market Risk Concerns Riseby Robert Dietz on January 16, 2025
Builder sentiment edged higher to begin the year on hopes for an improved economic growth and regulatory environment. At the same time, builders expressed concerns over building material tariffs and costs and a larger government deficit that would put upward pressure on inflation and mortgage […]
- Housing Inflation Moderates Amid Higher Energy Costsby Fan-Yu Kuo on January 15, 2025
Inflation edged up to a five-month high in December as energy prices surged, accounting for more than 40% of the monthly headline increase. Inflation ended 2024 at a 2.9% rate, down from 3.4% a year ago, although the last mile to the Fed’s 2% target continues to be challenging. While core […]