NAHB’s Eye on Housing Report Shows Modest House Price Growth in Q3, 2024 A new report from the NAHB’s Eye on Housing reveals that house prices have shown modest annual growth in Q3, 2024. However, this growth has slowed in the past two quarters, attributed to elevated mortgage rates dissuading potential home buyers despite increased […]
American Automobile Association (AAA) Holiday Travel Forecast The American Automobile Association (aka AAA) says that over 119 million people will be traveling this holiday season –a record number. In addition, AAA expects nearly 117 million people will drive to their holiday destinations. AAA calculates the holiday season from Saturday, December 21 to Wednesday, January 1.
Most Desired Christmas Gifts in America With Christmas just around the corner, Statista has released their list of the most desired gifts for this holiday season in the United States. Unsurprisingly, money tops the list as the most desired Christmas present, followed by clothes and gift cards. Stay safe, have a Merry Christmas, and enjoy
Here are the most coveted Christmas gifts in America. Read More »
Storagecafe Report on U.S. Housing Inventory Growth Last week’s infographic illustrated America’s fastest growing housing markets based on data from this report. That being said, Storagecafe says the U.S. housing market has been on a steady, albeit slow, growth trajectory over the past two decades with total inventory reaching 144 million housing units in 2023
The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 3.9% annual increase for September, 2024. Their 10-City Composite increased 5.2% and their 20-City Composite increased 4.6%, year-over-year. “Home price growth stalled in the third quarter, after a steady start to 2024…The slight downtick could be attributed to technical factors as the
S&P CoreLogic Case-Shiller reports a 3.9% annual increase in home prices for September. Read More »
U.S. Construction Spending Report The U.S. government is reporting that total construction spending in October, 2024 was at a seasonally adjusted annual rate of $2,174 billion, which is 0.4% higher than September’s revised number. However, October’s revised estimate is 5% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate
Construction spending in the U.S. sees a slight increase Read More »
NAHB Eye on Housing Report: Student Housing Construction Investment on the Rise A recent report from the NAHB’s Eye on Housing reveals that private fixed investment in student dormitories increased by 2.2% to a seasonally adjusted annual rate (SAAR) of $3.9 billion in Q3 of 2024. The report highlights the rebound in private fixed investment
Hardest Hit Sectors in an Inflationary Environment Industries and Individuals Facing the Brunt of Inflation Vulnerable Populations Impacted by Inflationary Pressures Economic Segments Experiencing the Greatest Inflationary Impact The Impact of Inflation on Consumer Prices in the United States If you’re a regular reader of this site you know that we cover inflation pretty extensively.
Latest Yardi Matrix Multifamily Report According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,748 in October, 2024. Year-over-year growth was 0.9%. Yardi says demand remains strong enough to balance the increase in deliveries in most markets. “Through September 2024, 329,000 apartment units have been absorbed, putting the market in
Yardi reports decline in multifamily rental prices Read More »
Brain Games for Housing Providers: Sharpen Your Skills and Succeed Unlock your potential with brain games tailored specifically for housing providers. These activities not only challenge your mind but also improve your cognitive skills, keeping you sharp and focused. By embracing this engaging approach, you can enhance your decision-making, better serve your residents, and effectively