News about housing

If "pro-supply" housing policies are so effective at cooling house price appreciation Because builders (in theory) can rapidly increase the supply of housing Why did Austin home prices nearly triple between 2012 and 2022? pic.twitter.com/wdR8XlCUzO

ARK Homes for Rent CEO John Isakson tells @ResidentialClub that homes they’re buying now from builders are below peak 2022 pricing They only buy/build in the U.S. Southeast

Just how f***ed up California housing market affordability is, as depicted in one chart: U.S. housing affordability is currently hovering around its worst levels in nearly 4 decades, and it still doesn't surpass how bad Los Angeles was in 2019 Data via @AtlantaFed pic.twitter.com/7CVs9jpCzZ

Peak buying season Timing: April through June Average number of existing homes sold per day: 16,530 Average number of new homes sold per day: 2,000 Median days on the market: 33 days www.nar.realtor/blogs/economists-outlook/navigating-the-housing-market-a-seasonal-perspective