Boston Real Estate Investors Association

Housing’s Share of GDP Surpasses 16% for 1st Time Since 2022

Housing’s Contribution to GDP Exceeds 16% for the First Time Since 2022

According to the NAHB’s Eye on Housing, the housing sector’s contribution to the economy reached 16.1% in the first quarter of 2024, exceeding 16% for the first time since 2022. This increase in housing’s share of GDP is attributed to residential fixed investment (RFI) and housing services. RFI includes home building, multifamily development, and remodeling, […]

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All-Cash Share of New Home Sales Jumps in Q3 2023

The proportion of new home sales completed in cash increased significantly in the third quarter of 2023

News / Boston REIA

According to recent analysis conducted by NAHB’s Eye on Housing, the proportion of all-cash sales in the new home market significantly increased in the third quarter of 2023, while the share of VA-backed sales declined by almost half. The report also highlights that although cash sales only make up a small portion of new home

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New Single-Family Home Size Reach Decade Low

News / Boston REIA

rewrite the content without plagiarism for 1500 words Recent analysis from the NAHB’s Eye on Housing shows that for new single family homes, the median single-family square floor area declined to 2,191 square feet, the lowest reading since the end of 2010. In addition, the average (mean) square footage for new single-family homes fell to

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Nationwide Property Tax Revenues See Largest Increase Since 2009

News / Boston REIA

According to recent analysis from the NAHB’s Eye on Housing, state and local tax data from the U.S. Census show that $286 billion in taxes were paid by property owners in Q4 of 2022. In fact, state and local governments collected $714 billion in property taxes in 2022, $46 billion more than 2021. The Eye

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Value of Owner-Occupied Real Estate Falls for First Time Since 2012

News / Boston REIA

A recent report from the NAHB’s Eye on Housing says the market value of owner-occupied real estate decreased $0.07 trillion from $43.57 trillion in Q3 2022 to $43.50 trillion in Q4 2022. The Eye on Housing says as home prices begin to decrease from pandemic highs, households’ real estate asset value fell for the first

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Boston Real Estate Investors Association

eye on housing

Housing’s Contribution to GDP Exceeds 16% for the First Time Since 2022

The proportion of new home sales completed in cash increased significantly in the third quarter of 2023

New Single-Family Home Size Reach Decade Low

Nationwide Property Tax Revenues See Largest Increase Since 2009

Value of Owner-Occupied Real Estate Falls for First Time Since 2012